The India Navy’s Multi Role Helicopter (MRH) competition has been extended till December 2012 with the two bidders, Sikorsky and NHI Industries having been notified by the Indian Ministry of Defense (MoD) that their commercial proposals validity be extended till the end of the year. The two bids which have been found technically complaint are to be reviewed by a commercial negotiations committee (CNC) before the end of the renewed deadline to choose a winner
The Indian ministry of defense has announced that Transfer of Technology (ToT) has been made eligible for offsets, removing a major hurdle in defense equipment sales to India. In a new Defence Procurement Policy which took effect on August 1, the Indian MoD has also specified what constitutes offset multipliers and allowed sub-vendors to discharge offsets
BAE Systems has been awarded a $1.1 billion contract by South Korea to upgrade its KF-16 fighter jets
General Dynamics, NASSCO, Norfolk, Va., is being awarded a $115,016,340 modification to previously awarded contract (N00024-09-C-4416) for amphibious landing ship USS Oak Hill (LSD 51) to extended dry docking, modernization, upgrades, repairs and alterations to several shipboard systems such as the engineering control systems, power management platform, and chilled water distribution systems for the LSD-class amphibious landing ships
The Missile Defense Agency is announcing the award of a competitive contract combining cost-plus-award-fee, cost-plus-incentive-fee, and fixed-price-incentive-fee, to Raytheon Co., Integrated Defense Systems, Woburn, Mass
As India plans to replace its aging Avro transport aircraft fleet, Russia’s Ilyushin, the Ukrainian Antonov, EADS’ Casa C-295 and the Italian Alenia C-27J Spartan could be chosen as potential competitors for the $2.4 billion aircraft contest
The U.S DoD has awarded Harris Corp’s RF Communications a $26 million contract to upgrade and maintain the Soldier Radio Waveform for wideband tactical communications
According to new plans drafted by the German Economics Ministry, the government is planning to relax its tight restrictions on arms exports making it easier for companies to compete with European rivals. However, Germany has drawn heavy criticism from within about its role in the global weapons trade
As defense budgets across the world feel the pressure of the on-going financial crises, EADS has announced its decision to help South Korea build its own fighter aircraft. As Korea plans to spend $7
Israel-based Elisra and Danish defense company Terma today signed a cooperation agreement to jointly develop airborne Electronic Warfare (EW) and Aircraft Survivability Equipment (ASE). The two companies will integrate their solutions for on board fighter aircraft thus enabling them to jointly explore business opportunities in the fields of EW and ASE