A high-powered ministry of defence (MoD) panel has recommended to remove low credit-rated and debt-ridden companies from the major defence projects under 'Make in India'. Even though the companies are shortlisted and are in the prominent position now, this recommendation can disqualify some of them from the defence manufacturing plans, Economic Times reported today
Iran has been made to cap its nuclear fuel cycle at an almost minimum level (IAEA standards of 3-5 per cent) of 3.67 per cent enrichment of Uranium Hexaflouride in a gaseous and at five per cent enrichment of Uranium235 for use in nuclear power generation
Orbital ATK has won a $25 million 5-year contract from the US Air Force to provide contractor logistics support for the Common Munitions Built-in-Test Reprogramming Equipment (CMBRE) system. Orbital ATK will provide technical and logistic support, depot-level repair, engineering services for obsolescence mitigation for Air Force and Foreign Military Sales (FMS) customers
Frances Safran (Sagem) will supply a crucial internal guidance technology for Indias BrahMos missiles, various media reported today. France has agreed 'in principle' to India's request for the technology
Saudi Arabia has purchased four C295W medium transport and surveillance aircraft after carrying our complete evaluation, Airbus Defense and Space said at the Paris air show on Tuesday. “The C295W is joining the Airbus A330 MRTT (Multi-Role Tanker Transport) and CN235 transports previously ordered by Saudi Arabia
The Indian Defense Ministry on Monday has released a Request for Information (RFI) for the construction and delivery of five self propelled Diving Support Craft for the Indian Navy. The Diving Support Craft should be capable of fully supporting operational/training dives in harbors and coastal waters
French-Russian talks on the amount of money that France has to return to Moscow for reneging on the Mistral helicopter carrier deal failed in May but are likely to resume later this month. A French delegation had arrived on May 28 and held talks with a Russian team
Russia is no longer interested in procuring of the two French made Mistral-class helicopter carrier warships and its only concern is in getting a compensation of 1.2 billion euro ($1
White House on Monday announced that it will not support the sale of F-35 joint strike fighters to Gulf Arab states and the administration is working to increase US arms sales to the region. "What we're focused on is the capabilities that are most relevant to the current security challenges that the GCC (Gulf Cooperation Council) faces," Ben Rhodes, deputy national security adviser to Obama was quoted as saying by Military
France has offered to refund about 785 million euros ($865 million) besides re-export rights for cancelling the Mistral amphibious assault ship deal with Russia but the latter has demanded 1.163 billion euros ($1