Canada has paid $30 million to develop its version of the F-35 fighter jet that could become insurance in the trade dispute between US's Boeing and Canada's Bombardier. The annual payment was made to the US military at the end of April, the Department of National Defence said in the Canadian Press Friday
Three high ranking military officials have been named as suspects in a scam that involved inflating the price of AugustaWestland AW-101 helicopter meant for ferrying VVIPs, the Indonesian Military (TNI) Commander Gen. Gator Nurmantyo said on Friday
North Korea test fired a short-range ballistic missile on Monday that landed in the sea off its east coast, the latest defying world pressure and threats of more sanctions. The missile, reportedly a Scud-class ballistic missile, launched from the coastal town of Wonsan flew about 450 km (280 miles), South Korean officials said
The successful launch of California-based Rocket Labs' battery-powered and 3-D printed rocket yesterday that costs $5 million per flight could challenge affordable satellite launch services from India and China. The first flight was conducted in New Zealand facility because of the open seas to its south, and a relatively low amount of air traffic, unlike in the United States, boats and flights have to be re-routed for most rocket launches
Loss suffered by Pakistan's economy on account of its fight against terrorism has been estimated at $3.88 billion (Rs407
Seiler Instrument and Manufacturing was awarded a $15 million contract for procurement of 145 optical fire control kits, and associated spare parts, in support of Indian M777A2 howitzers. One bid was solicited and one bid received
Seoul has approved a project to upgrade its aircraft identification friend-or-foe (IFF) from the current Mode 4 to Mode 5 at a cost of 2.5 trillion won ($2
BMT Defence Services (BMT), a subsidiary of BMT Group Ltd, has won a contract with the Norwegian Defence Materiel Agency (NDMA) to provide consultancy support for the New Norwegian Submarine Acquisition programme. Following an international competition, the contract, which was signed this month, is a framework agreement through which BMT can either conduct stand-alone tasks or provide resources to address any shortfalls in capacity, capability or confidence within the organisations of key project stakeholders
Northrop Grumman won $13.9 million contract for hardware to integrate US, UK and Australian Navys large aircraft infrared countermeasures on combat aircraft
Israel has stepped up the negotiation talks with Italy for the purchase of new helicopters from the Italian firm Leonardo on a condition of reciprocal defense procurement between the governments. Leonardo is offering to sell its new training helicopters to Israel