Thales revealed their annual result for the year 2013, stating the order intake has increased about 7% from the previous year totally valued $14.17 billion
Rolls-Royce has won a contract worth $1 billion to deliver approximately 600 engines for future C-130J Super Hercules aircraft. The agreement secures the Rolls-Royce AE 2100 as the engine of choice for all variants of the C-130J to 2025
The UK Ministry of Defence (MoD) is close to signing the first contract for Lockheed Martin-built F-35 Lightning II joint strike fighter (JSF) aircraft, UK Defence Secretary Philip Hammond was quoted as saying by Reuters Television. The UK MoD will soon place a firm order in a bid to have the first squadron ready to start flying training off the Queen Elizabeth aircraft carrier in 2018
The South Korean Defense Acquisition Program Administration (DAPA) will finalize the purchase of 40 Lockheed Martins next-generation F-35 jet fighter jets later this year. "We will push to sign the contract in the third quarter, after testing and further negotiations," Jung Kwang-Sun, the DAPAs aircraft department director, was quoted as saying by various media report
The New Zealand Defence Force (NZDF) has signed a contract worth $127 million to buy 11 Beechcraft T-6Cs to meet its requirement for an advanced pilot training capability, and includes simulators and classroom- and computer-based training packages. New Zealand requires an intermediate trainer with a glass cockpit that will be able to take students from the Pacific Aerospace CT-4E Airtrainer to the Lockheed Martin P-3K2 Orion maritime patrol aircraft, Boeing 757 and upgraded Lockheed C-130H transports, plus the AgustaWestland AW109, NH Industries NH90 and future Kaman SH-2G(I) Seasprite helicopters, according to Flight Global
Naval procurement in Southeast Asia continues to grow as countries like Indonesia, Vietnam, Singapore and Thailand forge contracts to better equip their naval forces. Vietnam has recently entered into an agreement with India to receive training for up to 500 submariners
Northrop Grumman has won a $200 million contract for the Embedded Global Positioning System Inertial Navigation System (EGI). The contract for the acquisition and sustainment will consist of platform integration, modernization, diminishing manufacturing sources, flight test support, technical support following integration efforts, training, engineering support/studies, contractor depot repair, spares, and data for the standard EGI
The refit of one of Russias four heavy nuclear-powered missile cruisers has begun after years of delays, according to RIA Novosti. The work on the Admiral Nakhimov will revamp its firepower and set the stage for the revitalization of the Russian Navys capital ships, which have not been modernized in the post-Soviet era
Considered to be the most advanced military force in Southeast Asia, Singapores defense market is set to be worth $13.4 Billion by 2018
Poland has issued a request for proposal (RFP) to upgrade its 12 PZL-130 Orlik training aircraft to a version with Glass Cockpit. The Armament Inspectorate has launched a market analysis for the modernization of 12 school-training PZL-130 Orlik TC-I version TC-II Glass Cockpit, adding that participating companies can send their offers by January end