Raytheon, Lockheed Martin and Northrop Grumman are each being awarded contract with a minimum amount of $10,000 and a maximum amount of $4.1 billion to provide autonomous acquisition and persistent precision tracking and discrimination to optimize the defensive capability of the Ballistic Missile Defense (BMD) system and counter evolving threats
The Indian Defense Ministry has received six bids for the Request for Information for the manufacture of 110 fighter aircraft for the Indian Air Force. The deadline for the RFI issued in April ended on 6 July
Indias state-run Goa Shipyard has signed a memorandum of understanding with Brazilian shipyard INACE to design three of four future Tamandare corvettes for the Brazilian navy if it won the tender. The collaboration between the two companies will allow technology transfer from the Indian partner to INACE and also allow the creation of regional production base in Ceara covering most of the GSLs products, Brazilian news daily
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
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
The members of the European Parliament have approved a proposal to establish a European defence industrial development programme, under which €500 million would be allocated from the EU budget for 2019-2020 to co-finance the joint development of new defence technologies and equipment. The EU will be able to spend money on defence for the first time ever
Boeing AH-64 Apache helicopters and Turkish TAI T-129 ATAK helicopters are in fray for Moroccan helicopter program. Morocco reportedly is in negotiations with American Boeing for the purchase of Apache AH-64 helicopters for its Armed Forces
Boeing has won a $80.7 million worth contract to supply four new build MH-47G rotary wing aircraft to the US Army Special Operations Aviation Command (USASOC), the Department of defense announced Thursday
The US Army Futures Command has issued a draft request for proposal (RFP) for the purpose of the Future Attack Reconnaissance Aircraft Competitive Prototype (FARA CP). According to the draft document released on 22 June this year, the US Army currently lacks the ability to conduct armed reconnaissance, light attack, and security with improved stand-off and lethal and non-lethal capabilities with a platform sized to hide in RADAR clutter and for the urban canyons of mega cities
Airbus has warned the UK administration that it could be force to pull out of the UK if Britain leaves the European Union without a deal. Britain withdrawing from the European Union without a deal ‘would lead to sever disruption and interruption of UK production, Airbus said in the Brexit risk assessment