Russian companies saw 20 percent increase in arms sales in FY 2013 compared with their US and Western counterparts, according to the report by the Stockholm International Peace Research Institute (SIPRI). Siemon Wezeman, senior researcher with SIPRI's Arms and Military Expenditure Programme, said "the remarkable increases" in Russian companies arms sales in both 2012 and 2013 are in large part due to uninterrupted investments in military procurement by the Russian government during the 2000s
Nexter and Hydrema have signed a partnership agreement on 16 december, concerning the Danish Armoured Personal Carrier replacement program (APC-R). Under an existing agreement, Hydrema will also perform the in-country logistic support of Nexters CAESAR self-propelled howitzer in the event that CAESAR is selected by DALO as part of its on-going artillery competition
The US Defense Security Cooperation Agency (DSCA) today has approved sale of 17 AIM-120C7 Advanced Medium Range Air-to-Air Missiles (AMRAAM) to Japan for an estimated $33 million. "The Government of Japan requires these missiles for national defense, regional security, inventory modernization, and U
CAE announced today that it has won a series of contracts worth more than $98.5 million to provide a range of simulation products and upgrades and other support services
Airbus Helicopters announced today that it has delivered the 2nd Super Puma AS332 C1e helicopter to the Bolivian Air Force (FAB). At the end of 2013, the FAB purchased six of these light-medium helicopters to fight drug trafficking and perform civil security and public service missions throughout the country
Saab has received an order from the Swedish Defence Materiel Administration (FMV) for the extended lease of Gripen from Sweden to the Czech Republic. This agreement provides for the continuing support and upgrade of the Czech aircraft for a further 12 years
Airbus Defence and Space has signed as the leader of the industrial team (including Thales Alenia Space as co-prime contractor), a contract with the Armed Forces of the United Arab Emirates (UAEAF) for the development, manufacture and launch of Falcon Eye, a high-performance optical Earth-observation satellite system. The contract was officially signed by the United Arab Emirates in August 2014 and is now entering into force
Russian President Vladimir Putins visit to New Delhi, starting tomorrow, will be particularly challenging as he tries to regain lost ground among Indias defence supplier community. Russia was bumped to second place by the US as Indias largest weapons supplier earlier this year after losing a number of helicopter and transport aircraft contracts
Lockheed Martin announced Sunday that it has opened a new innovation centre in Abu Dhabis Masdar City to provide advanced security solutions to the United Arab Emirates. The Centre for Innovation and Security Solutions (CISS) is the first of its kind outside the United States, the company said in a statement
The French-Russian mistral helicopter deal has been embroiled in controversy over the last few months over Moscows involvement in the Ukraine crisis. The deal, since it was signed in 2010, has drawn fire from the United States and its NATO allies from Eastern Europe