Indias Defence Acquisition Council (DAC) cleared procurement of 72,400 assault rifles and 93,895 carbines on fast track basis for US$ 555 million (INR 3,547 crore) on Tuesday, to enable the Defence Forces to meet their immediate requirement for the troops deployed on the borders. Both the deals had been repeatedly cancelled in the past
European aerospace giant Airbus issued a statement on January 13 that it has been ordered to pay a fine of €104 million regarding missiles sale to Taiwan in 1992. The company said that it acknowledges notification of an arbitral award on 12 January 2018 concerning a breach of contract claim related to a purchase agreement signed in 1992 for the supply of missiles for which the products were delivered in the years shortly thereafter
Lockheed Martin demonstrated the ability to greatly increase operational performance, efficiency and reliability of Aegis Ashore, by connecting key components of its Aegis Ashore and Long Range Discrimination Radar (LRDR) technologies. "Connecting these systems is more than a technological advantage - it's a way to provide the warfighter with earlier intelligence and expanded situational awareness," said Dr
US space transport services company SpaceX launched a super-secretive US government payload into orbit from its Falcon 9 rocket in the early hours of January 8. The Falcon lifted off at 8 p
The US Department of State on Friday approved a $98.4 million sale RGM-84L Harpoon Block II surface launched missiles, Block II Rolling Airframe Missile (RAM) tactical missiles and MK 54 Mod 0 lightweight torpedoes to Mexico
Belgian Defence has ordered Termas ylon Integrated Dispensing System (PIDS+) configuration pylons for its fleet of F-16 fighter jets. According to company press release, all of the original European Participating Air Forces (EPAF) countries – Denmark, Norway, the Netherlands, and Belgium – have now ordered the Terma PIDS+ pylons for their F-16s, and all of them are equipped with the Hensoldt AAR-60(V)2 Missile Warning System (MWS)
Stryke Industries LLC announced Thursday the contract awarded by the US Army to supply artificial intelligence technology, as part of the U.S
Turkeys defense company Aselsan has signed a 76.8 million euro ($92
Israels largest bank Poalim Bank and prime aerospace and aviation manufacturer Israel Aerospace Industries (IAI) have announced collaboration for leveraging Blockchain technology to create innovative cyber solutions. The joint research undertaken by the two companies will examine how Blockchain, the innovative technology at the basis of cryptocurrencies such as Bitcoin, could be used for developing innovative cyber security solutions, such as secure transmission of information between services and supply chains, user authentication, critical devices and elements that run with no human intervention and additional solutions for the cyber challenges in a hyper-connected world
BAE Systems plans to begin full-rate production of the M109A7 Self-Propelled Howitzer and M992A3 ammunition carrier vehicles under a United States Army contract under a deal potentially worth US#1.7 billion