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
Rheinmetall announced today that its PUMA infantry fighting vehicle has been approved for service by the German procurement agency. The Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support, or BAAINBw issued the required Approval for service use permit
Pratt & Whitney announced today that it has been awarded $325 million contract for Versatile Affordable Advanced Turbine Engines (VAATE) III and beyond. The VAATE program is a joint government and industry effort to develop revolutionary and innovative technologies by the 2017 timeframe that will permit an order of magnitude increase in turbo-propulsion affordability over the year 2000 state-of-the-art technology
The likes of Boeing, Dassault, Eurofighter and Saab assembled at LIMA 2015 may come away disappointed as it is almost certain now that Kuala Lumpur may not consider an outright purchase to replace its MiG-29N fighters. Instead, a lease option has been mooted but its acceptance may depend upon the cost and terms of lease
Indian Finance Minister Arun Jaitley announced today that the government would allocate a budgetary estimate of INR 2.46 trillion (US$40
The Airbus KC-30A multirole tanker transport (MRTT) is likely to achieve final operating capability with the Royal Australian Air Force this year. The RAAF has five KC-30As, including one currently deployed to the Middle East in support of Operation Okra
The Indian Navy successfully test fired BRAHMOS Supersonic Cruise Missile from its newest destroyer INS Kolkata. First Kolkata-class guided-missile destroyer was commissioned on August 2014, and two more ships are in the pipeline