Finmeccanica does not run the risk of being blacklisted in India despite ongoing investigations pointing to money laundering and corruption, according to reports. And still remains a candidate in an Indian government bidding contest for helicopters
BAE Systems on Monday announced that it has won a three-year, $80 million contract to perform maintenance work on U.S
Three U.S-made Patriot anti-missile air defense batteries will be deployed in southern Taiwan, in addition to the one already in northern Taiwan, Deputy Defense Minister Andrew Yang said Thursday
The Danish Supreme Court has ordered SAAB to repay about MDKK 187 plus interest costs, totalling about MDKK 243, to the Danish Defence Acquisition and Logistics Organisation (DALO) and to compensate DALOs court costs. The DACCIS dispute originates from a terminated contract concerning the command and control system DACCIS
The Indian Defense Acquisition Council has laid emphasis on indigenous development and self reliance in defence production for the Defence Procurement Procedure (DPP) 2013. These include preferential treatment to categories of procurement, favouring indigenous development and domestic manufacturing, rationalisation of taxes and duty structure so as to create a level-playing ground for the private sector and sharing the public version of LTIPP amongst a host of other welcome steps
Brazilian helicopter manufacturer Helibras, a subsidiary of Eurocopter, has selected Safran Engineering Services as the design authority to supply the installation design and full integration of multiple avionics communication and navigation systems, including a sophisticated new Glass Cockpit System from Sagem (Safran), as well as the integration of the auto-pilot system, for the modernization of 34 Esquilo and Fennec helicopters of the Brazilian Army. Safran will also support the DCTA certification
April 21 2013 marks a momentous day for MiG fighter aircraft in India as it completes 50 years of its relationship with the Indian Air Force (IAF). Built in 1956, the worlds most common fighter aircraft emerged from the shadows in 1962 when India announced that it would be buying the newly developed Russian jets
AgustaWestland which is being accused of changing the specs of its AW109 helicopter to be included in a contract to supply VVIP helicopters in India is being similarly charged in Malta. Its competitor, Eurocopter has charged that AgustaWestland with corruption in a Euro58 million contract for the procurement of up to three helicopters for the Maltese Armed Forces
The U.S and Israel today successfully tested the Arrow anti-missile system for the first time, allowing Tel Aviv defence against "threats in the regional arena" namely Iran
Former Indian Air Force Chief Air Chief Marshal S P Tyagi today strongly denied allegations that he was paid a multi-million dollar bribe to help AgustaWestland seal the VVIP helicopter deal. His statement comes a day after Finmeccanica CEO and Chief Executive Giuseppe Orsi was arrested in connection to the money laundering charges