News

Israel Aims For $10 Billion In Defense Exports, After Achieving $7 Billion

January 11, 2013 @ 12:27 PM

Israeli defense exports saw a 20 percent increase from 2011 with sales reaching $7 billion last year placing Israel between fourth and sixth in the world for weapons sales. Military exports have fluctuated widely in recent years, peaking at around $7 billion in 2009-2010
Thales Appoints Jean-Bernard Lévy As New CEO

January 5, 2013 @ 12:00 AM

Thales has appointed Jean-Bernard Lévy as the new Chairman and Chief Executive Officer of the company after his predecessor Luc Vigneron tendered his resignation to the company's directors at a meeting of the Board of Directors on 20 December 2012. Thales's two main shareholders, the French State and the Dassault Aviation, welcome this appointment and will work in agreement with senior management to pursue the continued recovery of the Group and its future development, according to a company statement
Russia Delivers Second Stealth Frigate To India

December 31, 2012 @ 12:00 AM

The Indian Navy has taken delivery of the second of three stealth frigates that are currently being built at a Russian shipyard. In 2006, Russia and India signed a $1
China, Pakistan To Manufacture New Version Of Al-Khalid Tanks

December 31, 2012 @ 12:00 AM

Pakistan and China today signed a contract to manufacture a version of the jointly developed Al-Khalid-I tanks. First developed in the 1990’s, the tank was introduced in 2001 with the new version equipped with has improved capability and systems
Russia Lagging Behind U.S In Arms Sales Growth

December 17, 2012 @ 12:00 AM

The U.S Defense Security Cooperation Agency has earned $65 billion in sales of equipment and services to allies in 2012 compared with last year’s $35 billion
Boeing Co. Appoints Pratyush Kumar President Of Boeing India

December 13, 2012 @ 12:00 AM

Boeing today appointed Pratyush ‘Prat’ Kumar as president of Boeing India, effective December 14. He joins Boeing with significant business leadership experience and insight into the Indian market, having served in senior executive positions at GE Transportation since 2003
IAI, BEL Strengthen Ties With Latest MoU

December 11, 2012 @ 12:00 AM

India’s Bharat Electronics Limited India (BEL) and Israel Aerospace Industries (IAI) have entered into a new partnership to jointly produce Long Range Surface to Air Missile (LRSAM) Ship-Defence Systems. The latest partnership allows BEL to function as the Lead Integrator and producer of major sub-systems and IAI will continue in its capacity as the Design Authority, producing sub-systems as a main sub-contractor of BEL, according to a statement
BEL, IAI Sign MoU To Develop Future LRSAM Projects

December 10, 2012 @ 12:00 AM

India’s state run public sector unit (PSU) Bharat Electronics Limited India (BEL) and the Israel Aerospace Industries (IAI) have signed a Memorandum of Understanding (MoU) to cooperate on future Long Range Surface to Air Missile (LRSAM) Ship-Defence Systems projects. IAI has previously collaborated with the DRDO and other Indian defense industries on developing sub-systems for the Indian Navy and Air Force
BAE Systems To Build New Attack Submarine For Royal Navy

December 10, 2012 @ 12:00 AM

BAE Systems has been awarded a £1.2bn contract from the Ministry of Defense to build the Royal Navy’s new attack submarine
CAE Simulators To Be Used For Trauma Training, Disaster Management

December 6, 2012 @ 12:00 AM

CAE Healthcare has announced the sale of Caesar trauma patient simulators to NATO and a U.S

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