News

KMW Acquires Tank Dismantling Firm

February 26, 2016 @ 07:57 AM

Krauss-Maffei Wegmann (KMW) has acquired Germany-based Battle Tank Dismantling GmbH Koch, the company announced Thursday. The company was formerly owned by the Scholz Group, a world leader in steel and scrap recycling
Four HH-101A CAESAR Helicopters Enters Service With Italian Air Force

February 26, 2016 @ 07:51 AM

Finmeccanica has delivered the first AgustaWestland AW101 helicopter, designated the HH-101A “CAESAR”, to the Italian Air Force during an official ceremony on Thursday held at Cervia Air Base. A total of four HH-101A “CAESAR” helicopters, out of a total requirement of 15, have been delivered from the Finmeccanica Helicopter Divisions assembly line in Yeovil (UK) to date, and will be used to perform personnel recovery and special forces missions
CAE Wins Simulation and Training Services Contract Worth C$80 Million

February 26, 2016 @ 07:42 AM

CAE announced Thursday a series of defense contracts worth C$80 million awarded by its military customers in fourth quarter of fiscal year 2016 to provide simulation products and training services. Among the contracts, the first announced was awarded by the NATO Support and Procurement Agency (NSPA) to CAE to perform a major upgrade on the German Navy's Sea King MK41 helicopter simulator
AM General Wins $23M US Army Contract For Converting M1151 Configuration Humvees...

February 26, 2016 @ 07:28 AM

AM General LLC has been awarded a $23 million contract from the US Army for converting the M1151 Enhanced Armament Carrier to an M1167 High Mobility Multipurpose Wheeled Vehicles (HMMWV) for up to 251 vehicles. “AM General LLC, South Bend, Indiana, was awarded a $23,159,070 firm-fixed-price contract with options to recapitalize the Army National Guard's High Mobility Multipurpose Wheeled Vehicles (HMMWV) by converting the M1151 to an M1167 HMMWV for up to 251 vehicles,” the US Department of Defense announced Thursday
Switzerland To Restart Fighter Procurement Program

February 25, 2016 @ 02:48 PM

The Swiss government plans to evaluate a new fighter aircraft to replace ageing F/A-18 Hornet and F-5E Tiger II jet fighters. The fighter replacement program had ground to a halt after Swiss voters rejected the procurement of 22 Gripen fighters in a referendum
India Considering Exclusive Set Up For Defense Procurement

February 25, 2016 @ 02:16 PM

India is considering setting up an exclusive organization for defense acquisition. "A separate set up for defence acquisition, at capital level as well as revenue level and OFB needs to be created
Estonian Defence Forces To Get €818m Worth Weapons, Ammo Over Four Years

February 25, 2016 @ 11:54 AM

Estonian Defense Forces will receive €818 million of the existing defence budget for the next four years to buy new weapon systems and other equipment that include new sidearms, unmanned aircraft, and long-range anti-tank systems. The Defence Forces' tender budget for the next four years is €818 million
Australia Plans US$195 Billion Defence Spending

February 25, 2016 @ 11:38 AM

Australia plans to spend 195 billion dollars (US$139 billion) over the next decade for bolstering its defence capability, including a doubling of its submarine fleet to 24, three additional destroyers, nine new frigates and 12 offshore patrol boats. The details were provided in a White Paper released today by Prime Minister Malcolm Turnbull who justified the proposed spending by citing “high stakes” and “momentous times” in Asia
Finmeccanica Starts Final Assembly Phase Of First Two M-346 Trainer Aircraft To...

February 25, 2016 @ 10:22 AM

Finmeccanica has started the final assembly phase for the first two Aermacchi M-346s of the eight advanced jet trainer that are to be supplied to Polish Air Force. The delivery of the first two M-346 aircraft is scheduled for the end of November 2016, in line with the programmes time frame, the company said in a statement Wednesday
Many Takers for Snoop-Free Brazilian Submarine Internet Cable

February 25, 2016 @ 10:05 AM

Google and Facebook besides several unnamed corporations are interested in switching their internet traffic between Europe and South America to a new undersea cable that will bypass America being set up by the Brazilian telecom firm Telebras. The US$ 250 million cable project which was announced after the US spying of the Brazilian president and government was made public will earn money by selling communications bandwidth to entities who do not want their internet traffic to be routed through America, the Brazilian Communications Minister Andre Figueirdo said at the Mobile World Congress in Barcelona on Tuesday

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