Brazil and Russia are in talks to buy surface-to-air missile batteries with negotiations due to start in March. According to the Brazilian foreign ministry statement, the countries were committed to “the joint development of new defense products and to the participation of strategic Brazilian defense companies in the production processes with full, effective technology transfer
Even bribery and money laundering dont seem to have escaped the woes of inflation and rising prices around the world. The bribery scandal involving AgustaWestland and India is a fine example of how kickbacks have been affected by global economic downturn
The Finmeccanica group has today appointed Alessandro Pansa as the companys CEO and COO after his predecessor Giuseppe Orsi was arrested on charges on money laundering and corruption. Pansa, who was COO of the company, will be “insuring comprehensive management of the company and the group,” the firm said in a statement
California-based AOptix has been awarded a $3 million research contract from the U.S Department of Defense to develop technology that could allow troops to use a smartphone to scan and record facial features and identity people from a distance, AOptix announced
Former Indian Air Force Chief Air Chief Marshal S P Tyagi today strongly denied allegations that he was paid a multi-million dollar bribe to help AgustaWestland seal the VVIP helicopter deal. His statement comes a day after Finmeccanica CEO and Chief Executive Giuseppe Orsi was arrested in connection to the money laundering charges
Deals between India and AgustaWestland seem jinxed taking into account that this is the second time in two decades that a helicopter deal between the two has been dogged by scandals. In 1986, the Indian government under then Prime Minister Rajiv Gandhi agreed to purchase 21 Westland helicopters for the Indian Navy despite staunch opposition from experts who didnt want the helicopters in the fleet
Executives from Irkut Corporation of Russia held talks with the Indian Air Force (IAF) chief, NAK Browne and other IAF brass at Aero India 2013 here on upgrading the Sukhoi-30 MKI fighter plane to the next generation model, dubbed as ‘Super Sukhoi'.The most significant aspect of the upgrade will be installation of an Active Electronically Scanned Array(AESA) radar, weapons, avionics, new cockpit and fire control systems
Rockwell Collins and Tata Power Strategic Engineering Division (Tata Power SED) today announced a teaming agreement as part of their pursuit of the Indian Air Force Software Defined Radio program. “Together, our companies provide the expertise to deliver the best-value software defined radio (SDR) solution for the Indian Air Force while offering an unmatched opportunity for technology transfer,” said Ram Prasad, managing director of Rockwell Collins India
Indias indigenously developed LCA Tejas will have to be modified further for operating in high-altitude areas after the engine failed to work during a recent trial, according to Indian Air Force chief Air Chief Marshal N A K Browne. "Recently we went for high-altitude trials
The British Army has revealed a drone, codenamed Black Hornet, and just eight inches long with three cameras hidden inside its nose and still manages to weigh less than 15 grams, or half an ounce.The “game-changing” drone has a smooth grey body and twin black rotors, stays airborne thanks to a small rechargeable battery, the Daily Mail reported