The South Korean Navy will receive the first of several new generation high-speed patrol boats for operation near the border with North Korea in the Yellow Sea. The new 230-ton patrol killer medium rocket ship will be delivered in a ceremony to be held at Busan shipyard of Hanjin Heavy Industries later today, according to the South Korean Defense Acquisition Program Administration officials quoted in the Korean media
The Indian Army is likely to float a Request for Information (RFI) soon to buy some 10,000 light machine guns (LMG) as part of a program to procure LMGs, carbines and assault rifles costing nearly INR40,000 crore (US$6.1 Billion), news agency PTI reported today quoting unnamed sources
India and Russia will likely sign a contract estimated $4 billion for the purchase of four missile-carrying frigates, soon. Called Project 11356, Official sources told Hindu Business Line that the contract to be signed between the two nations would be based on the “two plus two formula, wherein two frigates will be built in Russia and sent to India, whereas another two will be built at the Goa Shipyard with assistance on technology transfer”
Larsen & Toubro Limited, India's engineering conglomerate is looking to invest INR 500 crore (US$77 million) on the missile systems facilities which will be built in Indian states of Tamil Nadu, Maharashtra or Gujarat. "We are looking at Tamil Nadu, Maharashtra and even Gujarat to set up the missile and missile systems plant, which would involve an outlay of around Rs 500 crore
Turkish company Nurol Makina will manufacture 1000 ‘Dragon armored vehicles in Uzbekistan jointly with Uzbek firm UzAuto, a memorandum of understanding (MoU) to this effect was signed in Ankrara earlier this week. Nurol Makina signed the MoU with UzAuto during Uzbek President Shavkat Mirziyoyevs visit to Turkey earlier this week, Hurriyet Daily News reported
General Dynamics Ordnance and Tactical Systems has been awarded a $93,000,000 foreign military sales (Iraq) contract to obtain 120mm insensitive munition high explosive with tracer (IM HE-T) tank ammunition cartridges. The 120mm IM HE-T High Explosive Cartridge provides the armor forces with an improved infantry support capability, a US DoD contract announcement said
Raytheon Integrated Defense Systems is being awarded a maximum value $1,500,000,000 contract to provide operations and sustainment support (O&S) for the US Army Navy Transportable Radar Surveillance Model 2 (AN/TPY-2) and Sea-Based X-Band (SBX) radar. This O&S support includes AN/TPY-2 radar logistics support, AN/TPY-2 sustaining engineering, AN/TPY-2 transition and transfer, AN/TPY-2 depot transition, SBX logistics support, and SBX sustaining engineering
BAE Systems Australia has selected local partner, Milspec Manufacturing to offer a Combat Reconnaissance Vehicle (CRV) for Australian Army's largest ever vehicle replacement program, dubbed LAND 400 Phase 2 to replace the General Dynamics Land Systems (8x8) ASLAV. BAE Systems is offering Patria's AMV35 Combat Reconnaissance Vehicle that will be fitted with a Hagglunds CV9035 35 mm two-person turret
Northrop Grumman has dropped out from the competition to produce the US Navys unmanned aerial tanker, the MQ-25A Stingray, the company's CEO announced Wednesday. Wes Bush, CEO of Northrop Grumman, was quoted as saying by Defense News during an October 25 earnings call that “the particular nature of that final RFP,” or request for proposals, triggered Northrop to withdraw from the competition, but did not further clarify what parts of the solicitation raised eyebrows
Belarus' Defense Ministry announced Wednesday that the country has signed an agreement with Russia's Almaz-Antey defense contractor for the delivery of another battery of Tor-M2 air defense missile systems. "Our country will get the new armament as part of the agreement between the Russian Federation and the Republic of Belarus on developing military and technical cooperation dated December 10, 2009," the press office of the Belarusian Defense Ministry said, TASS reports