News

EU Provided $22 Billion Illegal Subsidies to Airbus

May 16, 2018 @ 03:31 PM

The World Trade Organization (WTO) today in its final decision found that the European Union (EU) has failed to honor multiple previous rulings and has provided more than $22 billion of illegal subsidies to European aircraft maker Airbus. After examining this case for more than a decade, the WTO has determined the EU must end its unfair business practices and remedy the ongoing harm caused by the illegal subsidies, Boeing said in a statement Tesday
China to Improve Market Entry Mechanism for Military Products

May 16, 2018 @ 03:14 PM

Chinas state run Science, Technology and Industry for National Defense (SASTIND) has resolved with the defense sector to improve the market entry mechanism for military products. SASTIND will actively build an exchange platform as well as pilot projects to improve the efficiency of private companies undertaking military product manufacturing, said Long Hongshan, chief engineer with SASTIND, People's Daily reported on Monday
Denmark Unveils $240M Cyber Defence Plan

May 16, 2018 @ 01:17 PM

The Danish government has unveiled a $240 million to protect Authorities, businesses and individuals as part of their strategy for cyber and information security. The strategy consists of 25 concrete initiatives to strengthen society's defense against cyber-attacks and cybercriminals
Airbus Joins Race for S Korea's $1.76B Maritime Patrol Aircraft Project

May 16, 2018 @ 12:34 PM

Airbus has offered its C295 Maritime Patrol Aircraft (MPA) for the South Korean Navy's MPA requirement which already has Boeing P8 and Saab Swordfish in the race. In February, the Defense Acquisition Program Administration (DAPA) unveiled its plan to sign a deal with an overseas aircraft manufacturer to introduce next-generation maritime patrol aircraft by 2020
Argentinian President OKs Super-Etendard Aircraft Purchase

May 15, 2018 @ 11:29 AM

Argentine President Mauricio Macri has given the go-ahead for the purchase of five Super-Etendards, a French carrier-borne strike fighter aircraft designed by Dassault-Breguet, for the Navy for an estimated amount of about 12 million euros, according to a report in French daily La Tribune. However, the report has stated that the Argentinian government is yet to make payments
US Transfers two Cessna Surveillance Aircraft to Cameroon

May 14, 2018 @ 02:36 PM

The US government has transferred two American-made Cessna surveillance aircraft to the Cameroon Air Force to fight against Boko Haram and Islamic State in West Africa. The Cameroon C208 Cessna Program is valued at approximately 24 billion CFA, or $4
European Meteor Long-range Missiles To Enhance Capabilities Of LCA Tejas

May 14, 2018 @ 11:30 AM

Indias indigenous Light Combat Aircraft (LCA) Tejas will be equipped with a long-range missile of the Meteor class for enhanced capability. The missiles are required to be equipped on the 83 Mark 1A LCAs for which an order has been placed by the air force with the public sector unit Hindustan Aeronautics Limited, government sources told
Bulgaria To Discuss Air and Land Military Modernisation Projects Next Week

May 11, 2018 @ 03:09 PM

Bulgarian Government has postponed the decision on projects to acquire fighter jets and armoured infantry vehicles and will discuss it in the regular weekly meeting on May 16. Earlier discussion on May 9 was halted because of the absence of Finance Minister Vladislav Goranov, who was out of the country and was expected to return on May 11, Sofia Globe
Philippine Navy To Deploy First Missile-Firing Assault Vessels In Three Months

May 11, 2018 @ 02:39 PM

The Philippine Navys multipurpose attack vessels are being equipped with Israeli-made missiles, which will likely be inducted in the next three months, the navy chief said Thursday. The surface-to-surface missiles, called Spike ER,which have a range of 8 kilometers (5 miles), are being installed in three multipurpose attack vessels which were acquired earlier and will be ready for deployment in two to three months, Vice Admiral Robert Empedrad was quoted as saying by AP after a maritime security forum in Manila
Raytheon to Supply RAM Guided Missile Round Pack to US Navy, Qatar

May 11, 2018 @ 04:30 AM

Raytheon has won $242 million contract to supply Rolling Airframe Missile (RAM) Block 2 guided missile round pack, missile ordnance alterations, and spares to US Navy and Qatar for fiscal 2018. RAM is a missile system designed to provide anti-ship missile defense for multiple ship platforms

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