Indias ABG shipyard is likely to sell a stake to a Russian firm to inject finances into the loss-making firm. The Mumbai based naval shipbuilder has confirmed that it engaged with a Russian firm to sell a stake to improve the companys financial strength but it did not reveal which Russian firm as discussion is going on,
Indias Border Security Force (BSF) has upgraded the laser wall technology that is being used along the Indo-Pakistan international broder late last month to strengthen the India-Pakistan international border against infiltration. Apart from detecting breach, the laser wall that use laser beams and infrared rays, is also able to distinguish between wild animal and human
Textron AirLand has demonstrated its Scorpion jet equipped with Hydra-70 unguided 2.75-inch rockets, advanced Precision Kill Weapon System and the AGM-114F Hellfire missile at its first weapon exercise
Japan has offered price concession for the purchase of 12 US-2 amphibious aircraft for the Indian Navy. “Japan is offering a price concession of more than 10 percent per aircraft from $133 million per aircraft to around $113 million, and the $1
Rheinmetall Defence has signed its first Global Supply Chain agreement to provide Australian companies greater access to international supply chains. “The Agreement will provide new commercial and defence opportunities in Rheinmetalls international supply chain, and assist in breaking down barriers that may otherwise deter local firms from doing business in overseas markets
Israel is seeking to purchase three more advanced submarines from Germany at a combined price of €1.2 billion, a local newspaper reports Friday
CSRA has won a task order through the Department of Defense Joint Service Provider program to develop and deploy an in-depth security network strategy that will deter and neutralize malicious activities for various offices within the US Department of Defense. The $114 million task order was awarded under the CIO-SP3 contract vehicle, and has a period of performance over four and a half years, the company announced Thursday
India, which is buying BAE's M777A2 lightweight howitzers for its army to deploy it along India-China border, is facing another issue in purchase conditions. The apex body that takes the final call on purchase of defense equipment has approved the deviations in the earlier approved purchase plan and now it will be referred to the Cabinet on Security for financial clearance, Indian defense ministry was quoted as saying by Sputnik News Thursday
Sri Lanka has signed defence deals worth 120 million RMB with China that includes provision of Offshore Patrol Vessel (OPV), during an official visit by the Secretary of Defence to Beijing this week. During the second Defence Cooperation Dialogue co-chaired by Defense Secretary Hettiarachchi and Admiral Sun Jianguo, deputy chief of Joint Staff Department of China's Central Military Commission (CMC), China has also agreed to provide military assistance to the country, Sri Lanka's Ministry of Defense (MOD) said
Former National Security Agency (NSA) contractor Harold Martin III has stolen 500 million pages of US government records over 20 years, including details of secret military activities, the US department of Justice stated in a court filing. The defendant violated that trust by engaging in wholesale theft of classified government documents and property throughout his government assignments