Paramount Group has acquired a majority stake in Nautic Africa, one of the continents leading specialist shipbuilders, in a move that gives Paramount a key strategic maritime presence. The landmark deal comes amid a growing need to protect and secure Africas coastlines, great lakes and rivers, and political and economic assets, including oil pipelines, shipping lanes, tourist areas and national borders
The Medium Extended Air Defense System (MEADS) has marked a new milestone with the successful interception of two simultaneous targets attacking from opposite directions during a stressing demonstration at White Sands Missile Range. The demonstration was part of tests on the systems 360-degree air and missile defence (AMD) capabilities
The Indian Navy today inducted the first indigenous Hawk Advanced Jet Trainers produced by Hindustan Aeronautics Limited (HAL) at INS Dega, Vishakhapatnam. “We are proud of Indian manufactured products and it is evident from the fact that HAL made aircraft such as Vampire and Kirans are with us for decades”, Chief of Naval Staff, Admiral, D
Taiwan has received the first six of 30 Apache advanced attack helicopters bought from the US, Taiwan officials were quoted as saying by Defense News. The six AH-64Es — the latest version of one of the worlds most powerful assault helicopters — were shipped to the southern port of Kaohsiung on Monday, as Taiwan is gearing up to modernize its military despite warming ties with China
Elbit Systems yesterday delivered the newest full Flight simulator for training Seaking naval helicopter aircrews. The Seaking Helicopter Full flight Simulator is a Flight and Tactical Full Flight Mission Simulator designed specifically for Navy's commando airlift and anti-submarine warfare operations squadrons
As a side-effect to Edward Snowden's revelations on widespread snooping US' National Security Agency (NSA), defense companies rolling out new cyber security solutions aimed at securely sharing sensitive information. Lockheed Martin this week announced the development of a new cyber security solution that allows intelligence to be securely shared among personnel working at all security levels -- from highly classified intelligence sites to unclassified users in the field
Cubic Corporation has won a contract in excess of $10 million from the U.S
The Indian Air Forces first of 49 upgraded Mirage 2000 aircraft completed its maiden flight in France. Dassault Aviation will upgrade the rest of the Mirage fleet under an approximately $1 billion modernization program
Week after week, new details on the US extensive spying program emerge bringing with it an onslaught of backlash from not only the public but also allies. This weeks revelations about PRISM, the Machiavellian spying program, said that the US National Security Agency (NSA) monitored telephone exchanges of 35 world leaders
Saudi Arabia has signed a contract with Lockheed Martin for the purchase of the first two of 25 potential C-130J Super Hercules airlifters, including two KC-130J refueling tankers. "Here we see another nation recapitalizing with the proven C-130J," said Chris Antone, vice president of business development for Saudi Arabia at Lockheed Martin Aeronautics Co