CAE has won multiple defense contracts that include MH-60R maintenance and rear-crew trainers for Royal Australian Navy, two UH-72A Lakota FTDs for US Army, two full-mission simulators for undisclosed customer in the Europe/Middle East/Africa region. CAE today announced that the defense contracts are valued at more than C$150 million (US $117 million) to provide simulation products as well as training services for global military customers
Airbus Helicopters today unveiled its Bluecopter demonstrator which promises quieter and more fuel efficient rotorcraft flights. “With Bluecopter, we have met our goals of decreasing fuel consumption by 40 percent, significantly reducing CO2 emissions, and lowering noise to approximately 10 decibel effective perceived noise (EPNdB) below ICAO noise certification limits, while raising the maximum payload and the passenger comfort
Russia is developing two fifth generation nuclear powered watercraft “Aircraft carrier killer” and “underwater interceptor” to expand its submarine fleet. The submarines' project is part of a $350 billion military modernization program
Russias new sonar claimed to capture sounds of fourth generation nuclear submarines will undergo trails at Russias Northern Fleet by the end of this year. “The transmitter/receiver unit of the Batareya (Battery) sonar will be lowered to around 300 meters into the water 30 kilometers from the White Sea coast to pick up submarine sounds and send the date up via a fiber optic cable,” Sergei Tsygankov, one of the new sonars designers was quoted as saying by Sputnik today
Russia is developing a Rusich 1 trimaran stealth corvette that can shoot straight even in a Force 6 storm conditions. A small prototype of the Rusich 1 corvette was unveiled during a recent naval show in St
Israel Aerospace Industries (IAI) and Thales have conducted risk reduction flight tests for the integration of NATO STANAG 7085 data link on board the Heron Medium-Altitude Long-Endurance unmanned aerial vehicle (MALE UAV). Through a joint effort between IAI and Thales, Thaless data link terminal, the TMA 6000, together with Elisra Radio Frequency Modules and antennas, have been integrated on board the Heron system and successfully demonstrated in flight
The Indian Army is likely to issue a new RFI (Request for Information) for a new single caliber assault rifle to replace its INSAS rifle after it scrapped a four-year-old tender for purchasing 1.8 lakh multi-caliber weapons
Agustawestland today has delivered three AW139 intermediate twin aircraft and has signed an order for two additional aircraft with Italian Coast Guard. “The AW139s will be used to perform a range of missions including maritime patrol, search and rescue (SAR), and emergency medical services
The US DoD has awarded AM General a $373 million contract to provide 2,082 High Mobility Multipurpose Wheeled Vehicles (HMMWV), or Humvees. “The contract includes spare parts and Humvees in a multi-year foreign military sale to Afghanistan, Iraq, Kenya, Lebanon, Ukraine and Tunisia,” the US Department of Defense said in a statement Monday
Finmeccanica has renegotiated the five-year revolving credit Facility that envisages the payment of a spread of 100bp above Euribor, 80bp less than the previous conditions. The size was also reduced to 2 billion euro, compared to the former 2