Taiwan has relinquished plans to develop a missile capable of hitting Shanghai because of improving cross-strait relations, the local Chinese-language China Times claimed on Tuesday. The article, quoting unnamed sources in the military, said the National Security Council and the Ministry of National Defense had agreed not to develop a missile that could reach targets more than 1,000 kilometers away
Plans to develop military aircraft production in Saudi Arabia are moving ahead following the Kingdom's agreement to purchase Typhoon fighter jets from BAE Systems. The new deal calls for most of the aircraft to be assembled in Saudi Arabia
The South African Navy is expected to introduce the new Navy fleet to the Commander in Chief of the South African National Defence Force (SANDF), President Thabo Mbeki this week. The event, in Simons Town, would be a culmination of more than a decade of work by members of the SA Navy to ensure that the vessels are operational and that the personnel are competent and professional to crew them
General Dynamics Land Systems has been awarded a $24.2 million contract to produce 10 LAV-25 Light Armored Vehicles (LAVs), three LAV logistics vehicles and vehicle components for the United States Marine Corps (USMC) to meet anticipated war-loss requirements
The U.S
Encouraged by the remarkable success of their pilot co-development defence project, the BrahMos missile, India and Russia are planning to design and build a futuristic main battle tank. Defence industry experts will discuss the new project when a delegation of the Russian Uralvagonzavod (UVZ) tank-building factory visits India this week to participate in an international seminar on the Future Main Battle Tank (FMBT) organised by the Army along with the Confederation of Indian Industry
FARNBOROUGH --- CFM International booked orders for 540 new CFM56-5B and CFM56-7B engines during the 2008 Farnborough Air Show, in addition to inking a materials and service agreement with ST Aerospace. These agreements are valued at more than $5 billion U
A $40 billion (20 billion pound) spree by Gulf oil states prevented aircraft orders from going into freefall at this week's Farnborough Airshow but left little for Airbus and Boeing to scrap over for the rest of the year. Airbus, the planemaking unit of Europe aerospace group EADS , was still squeezing out a few orders on day four of a show that exposed a yawning divide between the industry's rich and poor as oil prices approach $150 a barrel
Saudi Arabian Airlines, Saudi Arabias national airline, has signed a firm contract with Airbus for eight A330-300 wide body aircraft, as part of its fleet modernisation plan.>> The contract follows one for 22 Airbus A320s signed at the end of 2007, marking the first agreement between Saudi Arabian Airlines and Airbus for commercial aircraft in 26 years
During the six-month period from January to June 2008, Airbus achieved a healthy gross order total of 525 aircraft units and a leading market share of 52 per cent. In dollar terms, this represents a total value of $62bn, based on current list prices