India and Russia have worked out a new financial mechanism to bypass US sanctions against Moscow which will commence with payments for the sale of S-400 anti-missile system. New Delhi is expected to make the first instalment payment for the S-400 by the end of the year, believed to be 10% of the $5
Moscow has offered to build six Project-75I diesel-electric submarines worth $6.6 billion (INR 450 billion) jointly with India and integrate the BrahMos missile systems into them in lieu of licensed production of the submersibles
Indonesia will seek foreign funds up to US$1.2 billion to finance the construction of three submarines as part of the nation's minimum essential force (MEF) program
The US State Department has approved a $250.4 million sustainment and support package contract for Moroccos fleet of Lockheed Martin F-16 fighters
A core team consisting of ten people will be assigned 10,000 working hours to estimate the price of the F-35 aircraft after a Norwegian newspaper alleged in April that the government inflated the cost of the fighters by NOK 16 billion (almost $1.9 billion)
Raytheon has won a $36.7 million contract to supply Rolling Airframe Missile (RAM) Guided Missile Launching System (GMLS) to Japan and the US Navy
Turkey is expected to receive S-400 Triumf missile defense systems by this year end, TASS reports quoting an official as saying. "We plan to fulfill our commitments on delivering equipment and training specialists by the end of this year," the Federal Service for Military-Technical Cooperation said on Wednesday
Days after an Iranian air defence missile brought down a US Global Hawk surveillance drone, Iraq has sought technical collaboration from Tehran to develop air defence systems. The cooperation, highlighted during the visit last week of of Deputy Commander of the Iraqi Army Tariq Abbas Ibrahim Abdulhussein, would potentially include production, training, logistical support in various fields, including electronic warfare operations, radar operation, optical surveillance, command and control, radar calculations, and software
The United States has announced a $250 Million military aid to Ukraine which includes sniper rifles, rocket-propelled grenade launchers, counter-artillery radars; command and control; electronic warfare detection and secure communications. The total US security assistance to Ukraine now stands at to $1
Eurofighter GmbH, EUROJET and NETMA (NATO Eurofighter & Tornado Management Agency), have signed €53.7 million contracts at the Paris Airshow 2019 to study improvement to communications, on-board systems and engine of the Typhoon combat aircraft