News

Vietnam To Sell Former US Airbase For $540 Million

January 19, 2016 @ 10:46 AM

Vietnam plans to sell former US airbase measuring more than 186 hectares in Nha Trang valued at around US $540 Million. The airbase is open for sale to investors for a shopping-services mixed development under a build-transfer project, thanhnien news reported Tuesday
South Korea Presses For Stricter Sanctions Against North

January 19, 2016 @ 10:38 AM

South Korean President has said that unless ‘strong and substantive measures to punish North Korea, DPRK would continue additional experiments without facing the consequence. President Park Geun-hye instructed her foreign and security policy aides to make utmost efforts to convince United Nations Security Council (UNSC) to draw powerful sanctions, Korea Herald news daily reported Tuesday
Russia Eyes Iran’s Helicopter Market After Ease On Sanctions

January 19, 2016 @ 08:05 AM

Russian Helicopters hopes to deliver military helicopters to Iran now that sanctions have been lifted on the Islamic Republic, TASS news agency reported on Monday, citing the Russian firm. "The lifting of sanctions gives an opportunity to provide the Iranian side new helicopters," the company told TASS
China’s Second Indigenous Coast Guard Ship Ready For Deployment

January 13, 2016 @ 11:42 AM

Chinas second domestically produced coast guard ship has been completed recently and is ready for deployment. The CCG3901 will be deployed in the South China Sea and become a mainstay of China's maritime law enforcement in that area, Global Times news daily reported citing unnamed sources as saying Monday
Saab Signs SEK 1.4 Billion Contract For Carl-Gustaf Ammunitions

January 13, 2016 @ 09:40 AM

Saab has signed a contract worth SEK 1.4 billion ($164 million) for the production and delivery of ammunition for the Carl-Gustaf man-portable weapon system
Indian MoD Approves Changes in Offsets, Stresses On Local Production In New...

January 12, 2016 @ 02:37 PM

Indias Defense Acquisition Council (DAC) has approved major policy changes that include increased offset baseline, reduced delays in procedures and emphasis on local production. The DAC has cleared the new clauses to the proposed Defense Procurement Policy (DPP) on Monday
Indian Army To Get Self-Propelled Vajra Howitzers

January 11, 2016 @ 03:00 PM

The Indian Army is likely to receive 155-mm/52-caliber self-propelled howitzer, K9 Vajra-T after the gun clears the evaluation trials of the defence ministry. Although the bids were made under the ‘Buy Global provision of the defence procurement procedure, the K9 Vajra-T gun will be made at its Talegaon plant near Pune by the L&T, Indian Express news daily reported Sunday
Indian Army Took 11 Hours To Eliminate Terrorists Who Attacked Pathankot Air

January 9, 2016 @ 11:50 AM

The Indian Army may have taken more than 100 hours to eliminate six terrorists who infiltrated into the Pathankot air base, but it engaged the terrorists in firefights for only about 11 hours leading up to their killing. None of the soldiers involved in the firefight suffered any casualty and the army was able to block the terrorists from venturing close to where the Indian Air Force aircraft were parked
Lockheed Martin To Upgrade Apache Helicopter Display With Color

January 8, 2016 @ 02:55 PM

Lockheed Martin has won $54.3 million US Army contract to upgrade the Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) on the AH-64E Apache helicopter, bringing color to the cockpit for the first time
Indian Navy Commissions Anti-Submarine Warfare Corvette

January 7, 2016 @ 07:31 PM

INS Kadmatt, second ship of Project 28 (P28) class Anti-Submarine Warfare (ASW) Corvettes was commissioned into the Indian Navy at the Naval Dockyard, Visakhapatnam today. The event marks the formal induction into the Navy of the second of the four ASW Corvettes, indigenously designed by the Indian Navys in-house organisation, Directorate of Naval Design and constructed by Garden Reach Shipbuilders and Engineers Limited, Kolkata

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