Brazilian government is offering incentives - a 'line of credits' financing scheme, to the countries buying Brazilian defense products. The president of the National Bank for Economic and Social Development (BNDES), Maria Sílvia Bastos Marques, announced on Tuesday during LAAD 2017, which is taking place at Rio de Janeiro that customers could receive financing of up to 25 years with a five-year grace period
Damen Shipyards Group has submitted a tender for the SEA 1180 Phase 1 Project to deliver twelve Offshore Patrol Vessels to the Royal Australian Navy. Damen has teamed with ASC Forgacs Shipbuilding, a joint venture established to build the initial two ships in South Australia and further 10 in Western Australia, to compete for the foundation project of Australias continuous Naval shipbuilding enterprise
South American countries, wanting to buy Chinese defence equipment are demanding 100% financing which is making it difficult for China based companies to sell in that market. "Previously, Latin American countries mainly use products made in Europe and America
Raytheon was awarded a $59.6 million contract for the Multi-Object Kill Vehicle (KV) technology risk reduction (TRR) effort
Australia today issued a Request for Tender (RFT) to BAE, Fincantieri and Navantia who have been shortlisted in its AU$35 billion Future Frigate project, said to be the largest project of its kind in the world. Minister for Defence Industry Christopher Pyne said in an official release, “Todays announcement shows the Government is on track to begin construction of the Future Frigates in 2020 in Adelaide
Leonardo DRS has selected a location in Tuskegee, Alabama to set up a new aircraft manufacturing facility to produce its T-100 integrated jet training system should it be selected by the U.S
Malaysias defence minister Hishamuddin Hussain has squashed reports that the Dassault Rafale and Eurofighter Typhoon had been shortlisted for the Malaysian air forces multi-role combat aircraft (MRCA) requirement. Asked if the ministry would settle for Eurofighter Typhoon by BAE Systems or the Rafale by Dassault Aviation, he said the Boeing F/A-18E/F Super Hornet and the Saab Gripen “are still in the running”
Rheinmetall and Rohde & Schwarz have agreed to establish a joint venture to compete for two major German procurement projects: mobile tactical communications ( MoTaKo) and mobile tactical information network (MoTIV). Rheinmetall will have a 74
US Air Force has released an industry Invitation to participate in evaluation of the military utility of light attack platforms in future force structure. The invitation is part of a broader Air Force effort to explore cost-effective attack platform options, US Air Force announced Thursday
Russian United Aircraft Corporation and Indian Hindustan Aeronautics have signed $300 million worth two Long Term Service Agreements (LTSA) for Indian Air Force Su-30MKI fighter jet. The agreement was signed by the President of UAC Yuri Slyusar and HAL Chairman Suvarna Raju in the presence of Russian Minister of Industry and Trade, D