Finmeccanica plans to restore ties with India after an Italian court acquitted former CEO Giuseppe Orsi and former CEO of AgustaWestland Bruno Spagnolini of alleged bribery charges. “The verdict will allow us to reopen dialogue with Indian institutions, which was interrupted as a result of the investigations linked to supply of 12 AW101 VVIP helicopters to the Indian MoD,” the CEO and General Manager of Finmeccanica Mauro Moretti said in a statement
Alenia Aermacchi announced today that it has selected Williams International FJ44-4M engine to power the new M-345 HET (High Efficiency Trainer) aircraft. Alenia Aermacchi has selected Williams International FJ44-4M engine to power the new M-345 HET (High Efficiency Trainer) aircraft
Former CEO of Finmeccanica, Giuseppe Orsi and former CEO of AgustaWestland Bruno Spagnolini have been sentenced to two years in prison in the Indian VVIP helicopter deal scam. The duo have been found guilty of false invoicing and have been acquitted of alleged bribery charges
Finmeccanica plans to make a comeback in India even if it means paying a penalty for bribery allegations against its subsidiary AgustaWestland in the VVIP chopper deal, Hindustan Times, a national daily reported Monday. Earlier this year, India imposed a partial ban on Finmeccanica and its subsidiaries after scrapping the $606 million deal to buy 12 VVIP helicopters from AgustaWestland
China's central military authority has reportedly “issued guidelines to enhance management of military information and severely crack down on illegal online activities involving military affairs”. According to PLA Daily, a military newspaper, the circular was issued by the Central Military Commission (CMC) to strengthen military information security of the Chinese People's Liberation Army (PLA) and armed police
Thales has denied allegations that fixer Ajay Sooklal facilitated a R500 000 a year bribe for President Jacob Zuma and arranged perks for him when he faced corruption charges linked to the arms deal, according to Defenseweb.com
Germany has approved deliveries of tanks, grenade launchers and machine guns to several Arab countries, according to a report in the Sueddeutsche Zeitung newspaper. The report yesterday stated that weapons are to be delivered to countries including the United Arab Emirates, Saudi Arabia and Algeria
Russian Helicopters announced earlier this year that it had built the 3,500th export version of the Mi-17 at Kazan Helicopters, a number which makes it perhaps the most successful helicopter model of all time. First introduced in 1977, the Russian-made Mi-17 helicopters has been sold to over 65 countries including the US, India, Afghanistan, Iraq and China among others
Russian Mi-17 helos have been a force multiplier for the Afghan military and police in their fight against the Taliban, a top US general has acknowledged. The Mi-17 helicopter has been a "game changer" in the movement of Afghan soldier and supplies to far corners of the country, the US Army general in charge of American operations and the International Security Assistance Force in Afghanistan was quoted by Ria Novosti as saying
The United Arab Emirates is gearing up to launch a cyber command within the General Headquarters (GHQ) of the UAE Armed Forces. Sources with knowledge on the matter told Defenseworld