The board of directors of Russian conglomerate Rostec will consider the sale of a 26 percent stake minus one share in weapons maker Kalashnikov to two private investors, Andrei Bokarev and Alexei Krivoruchko. Rostec announced Friday that it has agreed to sell off a stake in Kalashnikov as part of an overhaul of the producer of the AK-47 assault rifle
A squadron of five E-2D Hawkeye Advanced surveillance aircraft has joined the Ronald Reagan Aircraft Carrier Strike Group in the Japanese city of Iwakuni Thursday in order to boost airborne radar and detection capabilities in the Asia-Pacific. The forward deployment is seen as an effort to raise deterrence against the efforts by China to build up its naval capabilities
Myanmar is negotiating with Pakistan to licence-build Chinese-Pak JF-17 multi-role combat aircraft. Also, the first of 16 imported JF-17s ordered by Myanmar in 2015 are expected to go into service with the air force later this year
Norway has selected Germany as its strategic partner for new submarines, making Thyssenkrupp the likely supplier. “Norway plans to buy four submarines and Germany two, while other NATO members such as Poland and the Netherlands may add to the order at a later stage,” Defence Minister Ine Eriksen Soereide said on Friday
Aircraft of the Russian Admiral Kuznetsov carrier battle group flew 420 combat sorties hitting 1000 targets of ISIS and anti-Syrian terrorist groups, the Russian MoD detailed. The carrier group which includes MiG-29K and Su-33 combat jets is returning from the Mediterranean to its home airbase in Severomorsk in the north of Russia, an MoD press release, reported in various Russian media, said
German military's first NH90 medium class military helicopters arrived in Mali as part of its largest military mission abroad currently. An additional 300 German soldiers are deployed in Mali as part of the European Unions (EU) training mission EUTM,
Thales has appointed Emmanuel de Roquefeuil as the new Vice-President and Country Director for India. He will succeed Antoine Caput with effect from 1st February 2017
India has planned to start work on installing 'smart fence' along 3,323-km-long the border that it shares with Pakistan soon. The testing for the fence is in final stages and soon work for erecting it along the Indo-Pak border will begin, Minister of State for Home Kiren Rijiju said in New Delhi today, NDTv reported The new fencing is likely to have a multi-tier security ring comprising an alarm to security force personnel in case of any infiltration bid or attempts to cut the fence
North Koreas leader Kim Jong-un has sacked the chief of the country's spy agency on suspected abuse of power after the ruling party conducted surveillance on the ministry. Kim Won-hong, 72, was dismissed from the head of the Ministry of State Security after the party's audit late last year found his agency had abused its authority
An Expert committee formed by the Indian government has recommended setting up an independent organization outside the ministry of defense to undertake defense procurement. The committee, headed by retired IIM professor Pritam Singh, recommended this measure to overcome the unending problem of delays in defence procurement, unspent budgets, allegations of corruption and botched deals