AgustaWestland today announced that the Court of Milan partially upheld the complaint lodged by the Indian Ministry of Defence, and thereby revoked the order issued by the judge on last March 17. The order pertains to the seeking of emergency interim lodged by AgustaWestland to resist the calling of certain first demand bank guarantees provided with reference to the contract for the supply of 12 helicopters AW 101 VVIP/VIP for an amount of EUR 228 million maximum against a call seeking to cash EUR 278 million
The Indian Air Forces Su-30MKIs and the French Rafale fighters will come together for a ten-day air exercise called the 'Garuda-5', aimed at training the pilots and crew of Indian and French fighters in air superiority operation in Rajasthan's Jodhpur airbase from June 3. The French composition for the Garuda- 5 will include four Rafale multi-role fighter aircraft and one air-refueler aircraft with more than 100 personnel
With Indias Central Bureau of Investigation (CBI) yet to prove the existence of any money trail in the VVIP helicopter bribery scandal and AgustaWestland not blacklisted yet, the possibility of the Anglo-Italian manufacturer making a comeback in India looks likely. A year after the CBI began its investigation the agency has not been able to establish a money trial and is no longer expected to file charges, according to reports
Indias decision to blacklist AgustaWestland is set to be delayed as the countrys Solicitor General Mohan Parasaran advised against any immediate steps. "The Law officer has asked us to wait before going ahead with the blacklisting of the Anglo-Italian firm
Lockheed Martin received a $611 million contract from the U.S
China is building underwater surveillance systems to detect submarines and began developing the project in 2011. The system is apparently similar to the one used by the US during the Cold War
Selex ES has successfully carried out multiple end-to-end tests of its BriteCloud Expendable Active Decoy (EAD) technology. The tests proved the new technologys capability under live conditions and will clear the way for Selex ES to begin production of the decoys
Germany is likely to cancel the sale of Leopard 2 main battle tanks (MBTs) to Saudi Arabia, because of opposition from the German Vice Chancellor and Economy Minister Sigmar Gabriel. "Without agreement from the economy minister, the deal has no chance," the goverment official was quoted as saying by Bild am Sonntag
The Danish Ministry of Defense has issued a Request for Binding Information (RBI) on April 10 in order to evaluate the four candidates for the replacement of its current fleet of 30-year old Lockheed F-16AM/BM fighters. The four bidders for the competition are Eurofighter Typhoon, Boeing F/A-18F Super Hornet, Lockheed's F-35A Joint Strike Fighter and Saab Gripen E
Sikorsky will pay $3.5 million to settle claims that it overcharged the US military for replacement Black Hawk components, according to The Courant