Indian government is reportedly in an advanced stage of formulating new defense manufacturing policy that enables India to become a manufacturing hub. “The new defence manufacturing policy will enable India to cut import of combat planes, ships and submarines,” Finance Minister Arun Jaitley said on Friday, addressing an annual meeting of Confederation of Indian Industry (CII) in New Delhi
The Finnish Defence Forces have signed a contract with Rauma Marine Constructions (RMC) for designing Finnish Navys four multirole corvettes under Squadron 2020 project. The 7
Syria is negotiating to buy missile defense systems from Russia to defend itself agaist Israeli and American attacks. “It is natural for us to negotiate with the Russians now with a view to strengthening (our) systems, whether to face any Israeli threats from the air or the threats of American missiles,” Syrian President Bashar al-Assad in an interview to Venezuelan channel Telesur
Russian naval intelligence ship sank after it collided with a Turkish vessel carrying livestock off Black sea coast because of the poor visibility early Friday Morning. There were no casualties from either ships
Pakistan Air Force today successfully flight tested the dual-seat variant of the JF-17 Thunder fighter jets – the JF-17B, for the first time. Jointly developed by China and Pakistan, the dual-seat JF-17 variant is currently entering the testing phase
Tata Motors has signed a contract to supply 3192 units of the Tata Safari Storme 4x4 to the Indian Armed Forces, under a new category of vehicles - GS800 (General Service 800). The Indian Ministry of Defence (MOD) had floated an RFP for vehicles with three basic criteria – minimum payload capacity of 800 kgs; hard roofs and air conditioning, the company announced today
Lockheed Martin booked $184M in charges on two Middle East contracts, in a move that highlights the potential pitfalls of the overseas deals that have been driving growth for US defense contractors. Lockheed Martin took charges on a new missile-defense system being developed for the UAE and an Abu Dhabi-based aircraft maintenance joint venture, ending a multi-quarter run of earnings beats, the company said in a statement Tuesday
UKs £1billion HMS Dragon destroyer has been damaged in a blaze caused by a spark inside its machinery area while it was in the Portsmouth Naval base. The crew rushed immediately to extinguish the fire before it swept through the Type 45 destroyer,
The US Air Force has deployed F-35A stealth Joint Strike Fighters to Estonia that borders with Russia. The reason for the deployment is said to be to train with aircraft from the US and allied militaries
Boeing has pulled out of Belgian F-16 replacement program and also informed the government that it will not participate in the bidders conference nor respond to the request for proposal (RFP). “We regret that after reviewing the request we do not see an opportunity to compete on a truly level playing field with the extremely capable and cost-effective F/A-18 Super Hornet, the company said in a statement Thursday