Non-finalization of big ticket defense projects in the current fiscal and under-utilization of defense acquisition funds during the previous fiscal may have led to a hike of just 4.8 per cent in the defense allocation in the Indian budget for 2016-17
Japan has no immediate plans for ‘selling or delivering the US-2 amphibious aircraft to India, a senior diplomat was quoted as saying by the Hindu news daily Friday. “There is no decision about its delivery nor did the Foreign Secretaries discuss the timing of the delivery”, Yasuhisa Kawamura, Director General of Press and Public Diplomacy of Japan was quoted by the
Lockheed Martin has delivered the 200th Electro-Optical Targeting System (EOTS) for the F-35 Lightning II. Lockheed Martin is delivering F-35 EOTS under Low-Rate Initial Production contracts with a total of 367 systems ordered to date
Rostec State Corporation expects to sign a deal for supplying 48 Mi-17V-5 helicopters to the Indian armed forces, soon. A commercial proposal has been presented to the Indian side earlier this February and after the commercial terms are agreed upon, a firm order is expected to be received this year, the company announced Friday
Boeing has been awarded a $10 million contract to provide support to F/A-18A-D, F/A-18E/F, and EA-18G aircraft for the US Navy and the governments of Australia, Canada, Spain, Finland, Switzerland, Kuwait, and Malaysia. “The Boeing Co
There was no mention of decisions relating to blacklisting of companies and the report on strategic partnerships in the Indian Defense Acquisition Council (DAC) meeting press briefing Tuesday. India has already firmed up the new Defense Procurement Procedure, but it is yet to take up policy changes relating to blacklisting of firms accused of corruption
The Finnish Defence Forces has contracted Bittium for developing a new software package (waveform) for the Bittium Tactical Wireless IP Network (TAC WIN) system under a EUR 2.8 million agreement
Saab has selected iXBlue as part of a 7-year contract to equip the two type A26 next-generation submarines with MARINS units, the state-of-the-art in fiber-optic gyroscope technology. Scheduled to be operational in 2024, the A26 is a unique and high-tech submarine with proven modular design
With a total of 48 submarines on order in export deals by the end of 2015 and other orders that include Australian, Indonesian and Indian submarine contracts coming up this year, submarine sales are expect to grow significantly. The advent of submarine technology now offers underwater endurance lasting several weeks and is equipped with ling-range anti-ship missiles and torpedoes and land-attack missiles
Rheinmetall has won a 220 million euro contract for overhauling Polands 128 Leopard 2 main battle tanks (MBT). In cooperation with Polands Polska Grupa Zbrojeniowa (PGZ) and ZM Bumar-Łabędy, Rheinmetall will serve as a strategic partner, supplying crucial key capabilities, including electronics and weapon technology, the company said in a statement Tuesday