Piriou and DCNS has won a contract from the Direction Générale de l'Armement's (DGA) to develop and deliver three multi-mission ocean-going vessels for the French Navy. The three ships development contract, which has an option for a fourth and the associated maintenance service, is a part of the French Navy's B2M multi-mission ship programme, for which Piriou serves as the lead contractor
The Peoples Liberation Army (PLA) of China spent a chunk of last year showcasing its new advanced weapons, bagging major arms deals and plans to accelerate its arms development this year. In September, Turkey began contract negotiations with the China Precision Machinery Export-Import Corporation (CPMIEC), which is under US sanctions for selling arms and missile technology to Iran and Syria
The Indian government is seeking repayments worth some $367 million from the troubled Italian firm AgustaWestland over a scrapped helicopter deal. India last week cancelled a $770 million deal with AgustaWestland for 12 AW101 helicopters over what it termed a breach of integrity relating to alleged corruption
Eurocopter, now officially Airbus Helicopters, has in the past struggled to gain a foothold in the Indian military helicopter market. The company has lost out on various tenders for a horde reasons including high price tags on its choppers
CAE today announced that it has won contracts valued at more than $110 million to provide a range of training systems and services. The string of contracts, which add to CAE's third quarter fiscal year 2014 order intake, include a new program to provide Beechcraft T-44C aircrew training for the United States Navy, a foreign military sale contract to provide an MH-60R Seahawk helicopter simulator for the Royal Danish Navy, and a contract from Beechcraft to provide a T-6C ground-based training system (GBTS) for the Mexican Air Force
With the cancellation of the AgustaWestland VVIP helicopter deal and delays in acquiring the medium multi role combat aircraft (MMRCA) from Dassault, the Indian defense establishment is reeling under concerns that important projects maybe be further delayed. However, despite delays, India has reached major milestones with the indigenous supersonic fighter aircraft LCA-Tejas achieving its Initial Operation Clearance and the army taking delivery of its first indigenous helicopter, the Rudra ALH from HAL (Hindustan Aeronautics Ltd) in 2013
Turkey may have to shell out over $800 million to acquire a new amphibious assault vessel, according to Hurriyet Daily. “This is definitely going to be one of the biggest ever price tags for any naval program for a single platform,” an official was quoted as saying
As the possibility of blacklisting by the Indian government looms over AgustaWestland following the termination of the VVIP helicopter deal, its participation in various other military tenders worth an estimated $3.5 billion also hang in the balance
Beechcraft Corporation announced today that Textron Inc. has agreed to acquire its parent, Beech Holdings, LLC
The Canadian Department of National Defence announced on 20 December the cancellation of its controversial $1.8 billion (C$2 billion) Close Combat Vehicle (CCV) project to acquire infantry fighting vehicles