News

HAL Makes US$39 Million Insurance Claim For Sukhoi Crash

July 10, 2018 @ 03:13 PM

In a first, Indias state-owned general insurer New India Assurance (NIA) will have to shell out INR 273 crore ($39 million) for an under-production Sukhoi jet that recently crashed during its test flight near Nashik, Maharashtra. This is the largest insurance claim in the aviation sector for Indian insurers involving a fighter jet
Taiwan Plans to Buy 108 M1A2 Abrams Tanks

July 10, 2018 @ 12:03 PM

Taiwan's Ministry of National Defence has requested the government to approve purchase of 108 US-made M1A2 Abrams main battle tanks. According to Taipei Times, the ministry decided to purchase the tanks for two armored battalions under the Sixth Army Corps stationed in northern Taiwan, after it turned down the armys request to buy 500 tanks
France to Set up Foreign Military Sales (FMS) program

July 9, 2018 @ 01:03 PM

France plans to set up its own version of the Foreign Military Sales (FMS) program under which it will offer weapons in the international market on country-to-country basis. The French Directorate General of Armament, the Directorate of Legal Affairs, and the EMA (Military Staff, Ed) together have set up the new form of ‘state-to-state contract with allied countries in the framework of strategic projects
New Zealand Buying 4 Boeing P8-A Maritime Patrol Aircraft

July 9, 2018 @ 11:54 AM

New Zealand will order four P8-A Poseidon Maritime Patrol Aircraft from Boeing costing US$1.6 Billion to replace six aging Orion patrolling planes
IBD Unveils Active Armour Tech to Protect Main Battle Tanks

July 9, 2018 @ 10:21 AM

IBD Deisenroth Engineering (IBD), a German company specialized in production of protection systems for military vehicles has unveiled new active armour technologies to protect main battle tanks and medium to heavy armoured fighting platforms against tandem warhead threats. The two technologies namely Explosive Reactive Armour (ERA) and Active Protection Systems (APS) have been designed to counter charge threats
India, South Korea Likely to Discuss Jet Trainers Procurement

July 6, 2018 @ 01:05 PM

India and South Korea are likely to discuss procurement of KT-1 jet trainers for the Indian Air Force during the South Korean President Moon-Jae-ins visit to India on Monday. Trainer aircraft ‘KT-1 of Korean Aircraft Industries of South Korea could be considered for the Indian Air Force (IAF), as it was one of the shortlisted aircraft in 2011
Turkish Aerospace Selects Dassault Systèmes Software for TF-X Aircraft Development

July 6, 2018 @ 11:31 AM

Dassault Systèmes announced Thursday that Turkish Aerospace Industries, Inc. chose the 3DEXPERIENCE platform to accelerate the development of the TF-X aircraft, the newest and largest aviation development project in Turkey
Israeli Cyber Warfare Firm Employee Caught Selling Eavesdropping Software

July 6, 2018 @ 10:25 AM

Israels cyber warfare giant, NSOs former employee stole companys ‘Pegasus eavesdropping program software and tried to sell it on the ‘dark web. The Pegasus is a classified security tool that can eavesdrop on any person in the world without their knowledge,
Boeing to Take Over Embraer's Commercial Aircraft Business for $4.75 billion

July 5, 2018 @ 02:16 PM

Boeing and Embraer today announced they have signed a MoU to set up a joint venture comprising the commercial aircraft business of Embraer that would strategically align with Boeings commercial development, production, marketing and lifecycle services operations. Under the terms of the agreement, Boeing will hold an 80 percent ownership stake in the joint venture and Embraer will own the remaining 20 percent stake
Netherlands, US to Share New Technology Systems for Large Equipment Projects

July 5, 2018 @ 06:38 AM

The Netherlands and the US signed a defense cooperation agreement that includes sharing of information about new technological systems for large equipment projects. The agreement signed by the Dutch Prime Minister Mark Rutte and US President Donal Trump deals with partnership on military equipment and operations, the Netherlands Ministry of Defense said in a statement Monday

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