South Korea has refused renegotiation possibilites to share estimated US$1 billion expenses spent by US for deploying Thaad missile defense system on land of the East Asian country. "I don't think it's an issue for renegotiation," Moon Sang-gyun, a spokesman for the Ministry of National Defense, was quoted as saying by
Indian government is reportedly in an advanced stage of formulating new defense manufacturing policy that enables India to become a manufacturing hub. “The new defence manufacturing policy will enable India to cut import of combat planes, ships and submarines,” Finance Minister Arun Jaitley said on Friday, addressing an annual meeting of Confederation of Indian Industry (CII) in New Delhi
The Finnish Defence Forces have signed a contract with Rauma Marine Constructions (RMC) for designing Finnish Navys four multirole corvettes under Squadron 2020 project. The 7
Japan may incur an 86 Billion Yen (US$770 Million) maintenance hit on the US warplanes and drones it has bought or is planning to buy such as the F-35, Osprey, Global Hawk and E-2D Hawkeye. The aircraft including the unmanned Global Hawk were purchased under the Pentagons foreign military sales (FMS) system and maintenance for it is to be performed by the American OEM
Egypt has received its first batch of Russian modernized MiG-29M2 fighter jets. “We have already received some of the aircraft, but not all
Eurofighter Typhoon has completed a simultaneous firing of two MBDA Meteor Beyond Visual Range air-to-air missiles as part of a major program to integrate the weapon on to the aircraft. The test was conducted using Airbus Defence & Space Instrumented Production Aircraft (IPA) 4 with the support of BAE Systems, Eurofighter GmbH, MBDA and the UK‘s Ministry of Defence
The US Navy has awarded a $109 million contract to Lockheed Martin for hardware and software upgrade kits in support of the F-35 Joint strike fighter aircraft. The awarded contract is for the procurement of 567 modification kits for offboard system hardware and turnaround assets, and also recurring labor for the completion of hardware and software upgrades in support of the F-35 Lighting III Block 3F upgrade for Air Force ($62,663,062); Marine Corps ($43,453,490); Navy $3,060,885); and international partners ($386,297), the US Department of Defense said in a press release Tuesday
Lockheed Martin incurred reduced net earnings of $114 million, or $0.39 per share due to a $120 million charge on a 'loss program' to design, integrate, and install an integrated air missile defense C4I system for an international customer
Airbus Safran has launched production of Ariane 6 ground qualification models, under contract with the European Space Agency (ESA) following review from Maturity Gate 6.1 industrialization
Bulgarian working group has completed the analysis on offers for the supply of new combat aircraft to replace its ageing fleet of Russian-made MiG fighter aircraft. The working group set up by the defence ministry and led by Air Force Commander Maj