Search Results
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Embraer Should Pay $205 Million To Settle Bribery Charges: US SEC
October 25, 2016 @ 03:32 PMEmbraer has to pay $205 Million to resolve alleged violations of Foreign Corrupt Practices Act, according to a global settlement announced today by US Securities and Exchange Commission (SEC). SEC, an agency of US federal government, announced today along with US department of Jstice and Brazilian authorities
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UK Approves £1.3 Billion To Start Construction Work On Successor Nuclear Submarines
October 3, 2016 @ 02:15 PMUK has announced £1.3 billion of new investment to start construction work on Successor nuclear-powered missile submarine, which will begin to replace the current Vanguard-class in Royal Navy service in the early 2030s
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Raytheon Wins $129 Million To Provide TOW Missiles To Bahrain And Morocco
August 9, 2016 @ 09:34 AMRaytheon has won a $129 million contract for procurement of tube launched optically tracked wireless guided (TOW)missiles for the US Marine Corps, US Army, Bahrain and Morocco. Work will be completed with an estimated completion date of Aug
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Rheinmetall Weapon And Ammo Orders Intake Reaches 1.7 Billion Euros In First...
August 4, 2016 @ 03:04 PMRheinmetalls defence sector posted a high order intake of €1,751 million in the first half of 2016, considerably exceeding the prior-year figure (H1/2015: €1,235 million) with growth of 42 percent. The sectors order backlog reached a new record value of €6,905 million (June 30, 2016)
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British Parliament Votes To Renew Its Nuclear-Armed Submarine Fleet
July 19, 2016 @ 12:10 PMBritish parliament on Monday voted to replace its aging fleet of nuclear-armed submarines with new vessels. Prime Minister Theresa May's Conservative government is committed to keeping the country's nuclear arsenal, a powerful but costly symbol of the country's military status that consists of four Royal Navy submarines armed with Trident missiles
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General Dynamics Wins US Navy’s $3.1 Billion Worth Fleet Replenishment Oiler Ships...
July 1, 2016 @ 09:56 AMGeneral Dynamics is being awarded contract for the detail design and construction of six T-AO 205 Class Fleet Replenishment Oilers (lead ship in fiscal 2016 and, if appropriated, one follow ship per year from fiscal 2018 to fiscal 2022). The award amount of this contract is $640 million for the lead ship
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First Squadron Of Indian LCA Tejas To Be Formed in July 2016
May 18, 2016 @ 02:09 PMThe first squadron of Indias LCA Tejas fighter aircraft is expected to be formed on July 1 this year as the series production of aircraft has commenced this year. The IAF has also decided to place an order for an additional 80 Tejas in the advanced LCA MK1A configuration, an MoD release said
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Philippines Anti-Submarine Chopper Deal Signed
April 1, 2016 @ 11:26 AMThe Philippine Department of Defense has signed a $116 million contract for the purchase of two Agustawestland AW 159 anti-submarine helicopters for the navy. Defense Secretary Voltaire Gazmin and AgustaWestland Limited Senior Vice President Stefano Bortoli on Tuesday inked the deal,
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Estonian Defence Forces To Get €818m Worth Weapons, Ammo Over Four Years
February 25, 2016 @ 11:54 AMEstonian Defense Forces will receive €818 million of the existing defence budget for the next four years to buy new weapon systems and other equipment that include new sidearms, unmanned aircraft, and long-range anti-tank systems. The Defence Forces' tender budget for the next four years is €818 million
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Belgian F-16 Fighter Replacement To Cost Close To $16.4 Billion
February 24, 2016 @ 02:16 PMBelgiums plan to purchase 34 fighter aircraft will cost nearly 15 billion euros (16.4 billion) which includes purchase and use for over forty years
Portugal Orders Sixth KC-390 Aircraft Contract
Korea Aerospace Unveils Design of New Electronic Warfare Aircraft
Israel Completes Iron Beam Laser Weapon Development, IDF Delivery Imminent
Canada Receives First CT-102B Astra II Training Aircraft
China's Mass-produced J-35A Aircraft Set to Disrupt Global Stealth Fighter Market
China is aiming to disrupt the global stealth fighter market by mass-producing its fifth-generation J-35A at a pace comparable to...
The Future of Combat: Miniaturized Laser Weapons Set to Replace Bullets and Missiles
Lasers may soon replace bullets, and drones could disable enemy UAVs with beams of light instead of missiles
Four-legged Robots Vs. Military Dogs
Four legged robots that resemble dogs are increasingly being seen in war zones and exercises for functions such as reconnaissance...
Lockheed Martin Faces Billions in F-35 Cuts Under U.S. Policy Shift
Americas policy of controlling F-35 usage, spares, and maintenance—combined with President Donald Trumps threats of trade wars with Europe, halted...
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...