Russia has offered to lease another nuclear submarine to India if an agreement for the same is signed at the summit between the two nations in December. The possibility of leasing a second submarine from Russia will be studied during Indias Defense Minister Manohar Parrikars visit to Moscow next week, Tass quoted a Defense Ministry source as saying Monday
The US Air Force has selected Northrop Grumman to develop its new Long-Range Strike Bomber (LRS-B). The contract, worth an estimated $60 billion is dubbed the world's single biggest aerospace project since the F-35 contract for Lockheed Martin over a decade ago
Russian defense company Tactical Missiles Corp has started working on Three-shift basis to meet the growing demand for its products in Syrian operations. Russia has ramped up the production of Kh-29L high-precision air-to-surface missiles and KAB-500s guided bombs, both products by TMC since the start of the military campaign, Sputnik reported Tuesday
The Swedish Defence and Security Export Agency FXM has responded to request for information from Croatia for procuring Gripen aircraft. The request concerns 8 to 12 newly built aircraft of the C and D model, the company announced last week
Boeing has won a $897 million contract from the US department of defense for the procurement of 15 EA-18G Growler and associated airborne electronic attack kits. Work is expected to be completed in January 2018, the pentagon announced Monday
Indias revised defense rule book for procurement that guides acquisitions is expected to be ready by November end. The revised Defense Procurement Procedure (DPP) is expected to be ready by the end of next month, Defence Minister Manohar Parrikar said Monday
France will most likely deliver two Mistral warships to Egypt by the first half of next year. “France is about to finalize all issues related to the deal but he believes that the delivery of the warships will not take place before the end of 2015,”Andre Baran, French ambassador to Egypt was quoted as saying by state news agency Mena Monday
Russia will deliver S-400 Triumf Mobile Multiple Anti-Aircraft Missile systems to China on time. Rosoboronexport General Director Anatoly Isaikin Tuesday said that the company will honor its contract with China to deliver S-400 missile defense systems on time
Lockheed Martin has won a contract from the US Air Force to build 28 C-130 Hercules military air transport airplanes in fiscal years 2016 and 2017. The aircraft is expected to be complete, further the work on the contract will be completed by April 30,2017, the company announced Monday
A Saudi Arabian Prince was detained along with four others in Lebanon while attempting to smuggle about two tons of Captagon pills. The Saudi Prince Abdel Mohsen Bin Walid Bin Abdulaziz was detained in Beirut International Airport while allegedly trying to smuggle 15 million capsules of amphetamine phenethylline (Captagon)- a synthetic stimulant- in huge quantity by the airport authorities