Russian Air and Missile Defense force has launched a short range ballistic missile interceptor Tuesday. "The purpose of the launch was to prove the characteristics of the missile defense systems antimissiles in service with the Russian Aerospace Force [RusAF]," Defense Ministrys press office told journalists
Indias 36 rafale fighter deliveries may be delayed further if Egypt opts to purchase 12 Rafale optional under the contract signed with France in February 2015. In the wake of the visit of French President François Hollande in Egypt in April this year , negotiations between the Egyptian army and Dassault Aviation have started to purchase twelve Rafale optional under the last years contract, La Tribune reported quoting sources as saying last week
Bharat Electronics Ltd (BEL) has been chosen as one of ‘Indias Top 500 Companies at the Dun & Bradstreet Corporate Awards 2016 function held in Mumbai recently. Mr M M Pandey, GM (Navi Mumbai), BEL, received the award for BEL from Dr Bibek Debroy, Member, NITI Aayog, Government of India, the chief guest
North Korea has deployed an intermediate-range ballistic missile to its east coast, a South Korean government source told Yonhap news agency. South Korean and Japanese military officials are monitoring the situation, though there have been no signs of a launch detected
Honeywell has been awarded the US Air Force contract worth $75 million for the Versatile Affordable Advanced Turbine Engines (VAATE) III & Beyond program. “This contract increases the not-to-exceed ceiling for the VAATE program, which is a multiple government agency and industry joint effort to develop revolutionary and innovative technologies by the 2017 timeframe that will permit an order of magnitude increase in turbo-propulsion affordability over the year 2000 state-of-the-art technology,” the US Department of Defense announced Monday
Qatar is planning to develop its own drone technology to boost security of its coastal borders, a defense official said. General Khalid bin Ahmad Al Kuwari, director of the Qatar Armed Forces Reconnaissance and Surveillance Center (RSC), told Gulf Times that the remote-controlled aircraft would help boost the countrys security
The government of India announced changes to the countrys foreign direct investment (FDI) policy Monday, which allows 100 percent foreign investment in defense, civil aviation and pharmaceutical sectors. Previously, FDI in the defense sector was capped at 49 percent and now, 100 percent FDI will be allowed by the government on a case-specific basis, when “it is likely to result in access to modern and ‘state-of-art technology in the country”, an Indian Commerce Ministry statement said Monday
The Boeing Company is currently going through the Foreign Military Sales (FMS) process for the sale of Super Hornet aircraft to Kuwait and is hoping to finalize the deal soon. The announcement was made during a press briefing in Florida on June 10, where Boeing briefed on taking steps to keep its F-18 production line open for future US Navy requirements and international sales based on positive signs from multiple sources
State Bank of India (SBI) has been named in a 'Hall of Shame' list of 158 banking and financial institutions globally that have invested billions of dollars in companies making cluster bombs. SBI, the only Indian entity joins the list of global giants like JP Morgan, Barclays, Bank of America and Credit Suisse that invested over $28 billion in seven producers of cluster munitions between June 2012 and April 2016, PTI reported citing a report by Dutch campaign group PAX
The Norwegian Government long term plan proposes an acquisition of four new submarines to replace the current fleet, replace Norways Maritime Patrol Aircraft and other investments in air defense systems after completing the acquisition of F-35 fighter jets. The long term plan will both see the introduction of longer range weapons to Norway's current NASAMS II-system, as well as the acquisition of dedicated long range air-defence systems to protect critical areas