The Saab Gripen is quietly usurping fighter aircraft sales while competitors like the Lockheed F-35 face cuts in global sales orders. In October, Saab won a $5
Indias top criminal investigation agency, the Central Bureau of Investigation, has closed its investigation into alleged irregularities in a $92 million contract awarded Bharat Dynamics Limited (BDL) to produce the Akash missile system citing lack of evidence. The CBI began its probe last May after allegations surfaced that the then Chief Managing Director Maj Gen (retd) Ravi Khetarpal, and other senior officials were involved in the irregularities in the contract
United Technologies has announced Tuesday that Chief Executive Officer Louis Chenevert has stepped down and will be succeeded by Gregory Hayes, who has been serving as the company's chief financial officer. The decision comes as a surprise as the company struggles to boost growth in several key units, Bloomberg reported
US intelligence agencies along with their British counterparts allegedly wiretap undersea cables, particularly those passing through the Strait of Hormuz into the Persian/Arabian Gulf. The cables are used by telecommunication companies like Vodafone and tapped to conduct mass surveillance programs, according to new secret documents leaked by hacker Edward Snowden
BEL, together with the Indian Navy and Coast Guard, has developed a new naval intelligence network to track ships in real time. Defense Minister Manohar Parrikar inaugurated the Information Management and Analysis Centre (IMAC), nodal centre of the National Command Control Communications and Intelligence Network (NC3I Network) on Sunday
Russia appointed a Deputy Navy Commander Vice Admiral Alexander Fedotenkov to take charge of transferring the first Mistral-class helicopter carrier, the Vladivostok from France, Ria Novosti reported Friday. Russia and France signed the $1
French shipbuilder DCNS has started work on the second Mistral-class amphibious assault ship built for Russia even as Paris has withheld export clearance for the first of the ships. The second helicopter carrier, named Sevastopol left its dry dock in the French port city of Saint-Nazaire on Thursday, RIA Novosti correspondent reported
The US Department of Defense has accused Lockheed Martin of supplying C-5 aircraft to the US government with defective parts, according to a report released Tuesday. The report released by the Inspector General of the Department of Defense states Lockheeds defective parts caused the government to use its money to repair or replace the parts
The U.S
China unveiled its new J-31 stealth fighter jet at the Zhuhai Air Show last week as an alternative to the very expensive Lockheed Martin F-35 jet. The J-31 conducted a demonstration flight at the show with a mock-up also on display