Brazilian aerospace giant, Embraer, has emerged as one of the worlds leading aircraft-makers despite the odds which include: a troubled economy and a lack of military-industrial base. In early 2012, Embraer missed earnings expectations in reporting first-quarter profit of 35 cents per ADS, and said that its order backlog had slipped to $14
April 21 2013 marks a momentous day for MiG fighter aircraft in India as it completes 50 years of its relationship with the Indian Air Force (IAF). Built in 1956, the worlds most common fighter aircraft emerged from the shadows in 1962 when India announced that it would be buying the newly developed Russian jets
Honeywell and Embraer have signed an agreement worth $2.8 billion over its lifetime to provide Honeywell's Primus Epic as the integrated avionics system for Embraer's new second generation of the E-Jet aircraft family, according to a joint statement
CAE announced it has won a series of military contracts valued at more than C$70 million. They include a contract from the United States Navy to develop two MH-60R tactical operational flight trainers (TOFTs) for the Royal Australian Navy under a foreign military sale program, a contract from the Australian Defence Force to provide King Air 350 simulator services, and a contract from the Royal New Zealand Air Force to provide C-130 training
BAE Systems Technology Solution and Services has been awarded a 6-year, $49.2 million contract from the USAF to manage, operate, maintain and logistically support the Solid State Phased Array Radar Systems (SSPARS)
Russia’s latest intercontinental ballistic missile will be capable of carrying a 5-ton warhead, much larger than its predecessors. The new ICBM payload will be four times bigger than the Yars missile and will have a greater capability for missile defense penetration
The Polish Army has placed an order for 26 helicopters in order to amplify its aviation capabilities. Poland will spend $900 million on the acquisition of the new choppers
Russia will build a new heavy intercontinental ballistic missile by 2018. Col
Switzerland has confirmed the order to purchase 22 Gripen fight aircraft from Sweden on Tuesday in a deal worth $3.1 billion
The Indian Government on Wednesday said the launch of the Navy’s indigenous aircraft carrier is expected to take place in 2013. A K Antony, India’s Defence Minister said, "The complexity of the project and this being the first ship of its kind being built in India, has led to timelines being extended