Several of India’s big ticket defense acquisition programs could be delayed as the country battles drought coupled with the slowest economic growth in years and high inflation. With wide-spread drought reported all over the country, several states such as Gujarat, Rajasthan, Punjab, Karnataka and Maharashtra among others are in line to receive a $2 billion federal relief package
High defense budget cuts are leaving major companies and even the White House worrying about the aftermath of sequestration, an arbitrary and automatic cut that is imposed across the board to federal programs from the Pentagon budget, putting 2 million jobs at risk. The only viable solution to overthrow sequestration that comes into effect January 2, 2013 is either a full-blown conflict
As Iran continues to develop its nuclear enrichment program despite growing calls from Western States to halt, five nuclear scientists from the country have been assassinated over the last two years. With the most recent killing in January 2012, Iran is accusing Israel of aiding bombers and breeding terrorism in its country
The Indian Air Force which operates 190 Su-30 aircraft has identified a “design flaw” in the jets, revealed Air Chief NAK Browne. While speaking at an event on Sunday, Browne criticized the aircraft but maintained that the flaw did not affect its “airworthiness”
The Stuxnet computer virus, suspected to have been created by the CIA to impede Iran’s nuclear program, may have led to extensive collateral damage by affecting Siemens control software in India and Indonesia to a large extent and in over 100 other countries to a smaller extent. Since first being detected in 2010, Stuxnet infected over 8,500 Indian systems in the first five days, another 5,000 in Indonesia and about 3,000 in Iran, according to media reports
Brazilian aircraft-maker Embraer has seen unprecedented success with its Super Tucano trainer plane which also doubles as an attack aircraft. In the last eight years, Embraer has sold 160 Super Tucano aircraft to 10 countries worth an estimated $2
Demining operations could soon start in Myanmar (Burma) which has one of the world's highest landmine casualty rates. Mine Advisory Group, or MAG International, a specialist demining agency, recently visited the country in order to study the humanitarian impact on landmines and exploded remnants of war
In the next 10 years, the market for heavy airlift aircraft will see tremendous growth as militaries around the world acquire airlift aircraft in large numbers. Tonnage requirements have catapulted as military cargo requirements grow steadily since heavy airlifting of equipment is now the preferred mode of transport
As Russia joins the World Trade Organisation later this year, a bipartisan group of U.S Senators are introducing a new bill that will allow permanent normal trade relations (PNTR) between the two countries
A new agreement allowing the merger of Belgium, the Netherlands and Luxembourg armed forces will also amalgamate their current defense procurement plans. The Benelux Army as it is now known will come into effect this week