Import of Dassault Rafale aircraft into India will be tax free, according to sources in the Indian finance ministry. “Since, it is government-to-government (G2G) deal, it will not attract any duty (basic custom duty, special additional duty SAD or counter veiling duty CVD),” a senior Finance Ministry official was quoted as saying by the Businessline daily
The US Federal government will no longer provide military equipment to local law-enforcement, President Barack Obama announced Monday. According to the announcement, the local departments will not have armored vehicles that run on a tracked system instead of wheels, weaponized aircraft or vehicles, firearms or ammunition of
Heckler & Koch (HK) has admitted to using Germanys counter-intelligence service, MAD to spy into negative press coverage on G36 assault rifles amid possible takeover in 2013, German media reported. According to the reports, the German Defense Minister Ursula von der Leyen had asked to investigate the links between officials from the Defense Ministry and HK
Israel has received four patriot missiles batteries for its navy to protect the offshore natural-gas drilling platforms in the Mediterranean,Defense Minister Moshe Ya'alon said on Monday. Ya'alon said at a joint press conference with German Defense Minister Ursula Von Der Leyen at the Kirya military compound in Tel Aviv that Israel received the batteries in recent years as part of a military aid program
Even as the Indian inter-governmental committee is being formed to negotiate the purchase of 36 Dassault Rafale aircraft from France, information floating about the price is of the order $ 7 billion. This works out to a per Rafale cost of $ 220 million, while informed sources say that negotiations under the 2007 Request for Proposal (RFP) was working out to be $ 70 million per aircraft including life cycle cost (LCC) at initially quoted price of $ 12 billion
Fincantieri, Finmeccanica announced today that they have won a 3.5 billion Euros (US$ 4 billion) contract for the construction of seven ships in the plan to renew Italian Navy fleet
US Marine Gen.Joseph Dunford Jr is likely to become the next chairman of the Joint Chiefs of Staff succeeding Army Gen
The French government announced today that Qatar has agreed to buy 24 Rafale fighter jets taking the total export tally of Dassaults aircraft order to 84. Qatar becomes the third country after Egypt and India to confirm orders for the Rafale fighters
Saab has ruled out selling 24 Gripen E/F combat aircraft to Argentina, as such a deal would face an opposition from Britain, a senior company representative told reporters on 27 April. Britain provides some 30 percent of the Gripen's content, including the radar on its next-generation Gripen E/F
Finmeccanica-Alenia Aermacchi announced Tuesday that it is presenting the M-345 Ground Based Training Demonstrator Device(GDD) at ITEC on 28-30 April 2015 in Prague. The M-345 GDD is an advanced flight simulator, representative of the flight qualities of the Alenia Aermacchi M-345 HET (High Efficiency Trainer) aircraft and offering a replica of the cockpit and the main flight controls of the aircraft