Saab has won a $6 million contract from the Swedish Defence Materiel Administration (FMV) regarding design plans for a New Lightweight Torpedo (NLT). The order is part of the Letter of Intent regarding the Swedish armed forces underwater capability which was announced on June 9, 2014
CAE has bagged contracts to provide the Beechcraft T-6C ground-based training system and services for the Royal New Zealand Air Force (RNZAF) valued at $110-million. GBTS is an integrated training system that includes two T-6C operational flight trainers (OFTs), computer-based classroom training systems, and courseware customised for RNZAF pilot training
Russian Helicopters and China's Lectern Aviation Supplies signed a contract for the Mi-26TS heavy transport helicopter. Under the contract, the helicopter will be delivered in 2015
Finmeccanica-AgustaWestland signed a contract for the upgrade of eight Lynx Mk21A helicopters of the Brazilian Navys Naval Aviation. The contract, valued $160 million (EUR 117 million), includes new engines, upgraded navigation and mission avionics and a comprehensive support and training package which also comprises a flight training device
Philippines Armed Forces get 21 renewed UH1H or Huey helicopters and 50,000 American M4 rifles by year end, Defense Secretary Voltaire Gazmin said on Thursday in a report by GMA news online. Defense Undersecretary Fernando Manalo said the UHIH helicopters would cost P1
Indias $20 billion deal to buy Rafale fighter jets may not conclude this financial year as negotiations are still to be completed without which budgetary provision cannot be made. The Indian budget for fiscal 2014-15 is scheduled for July during which a higher allocation for defence as compared to last year could be made
Gianni De Gennaro, chairman and other board of directors of Finmeccanica approved guidelines to implement new Group Organizational and Operating model. The new model includes new perimeter operating companies, 100% owned by Finmeccanica, of the Aerospace and Defense core business
The Government of Canada announced that it awarded Sikorsky a contract for the acquisition and maintenance of 28 CH-148 Cyclone helicopters for the Royal Canadian Air Force (RCAF). The amended acquisition will ensure the delivery of helicopters with operational capability to begin retirement of the Sea Kings in 2015, and a program to enhance those capabilities culminating in a fully capable CH-148 maritime helicopter beginning in 2018
Airbus Defence and Space (ADS) will sell India an improved variant of the A330-200 Multi-Role Tanker Transport (MRTT) aircraft, the contract for which has been “fully negotiated and pre-signed”, an Airbus executive was quoted as saying by Janes Defence review. Named as the ‘The A330 MRTT Enhanced, the aircraft features improvements to the aerodynamics, structure, and mission computer
Finnish company Oricopa Oy has signed a contract with Norway's Kongsberg for the delivery of sub-systems for the command and control element of the NASAMS surface-to-air missile system. The total value of the contract for Oricopa is approximately €25 million, with the deliveries taking place between 2015 and 2017