News

India, France Ink Rafale Fighter IGA, Financial Terms In Couple Of Days

January 25, 2016 @ 10:29 AM

India and France have inked a Inter-Governmental Agreement on the multi-billion dollar 36 Rafale fighter deal. “Leaving out financial aspect, India and France have signed IGA on purchase of 36 Rafale fighter jets,” Indian Prime Minister Narendra Modi said at the press briefing after the MoU for the fighters was signed with French President Francois Hollande Monday
Elta Expected To Bag $57 million Philippine Radar Contract

January 25, 2016 @ 08:03 AM

Philippines Department of National Defense (DND) is a step closer to award a deal to Israeli firm for supplying three air surveillance radars worth P2.68 billion (US$56
Japan Closer Than Ever Before To Australian Submarine Deal

January 23, 2016 @ 10:42 AM

Japan may be closer to grabbing a US$34.55 billion Australian submarine fleet contract as Germanys ThyssenKrupp Marine Systems (TKMS) is reported to lose ground over technical concerns
Armenia To Get Refurbished Il-76 and Su-30SM Aircraft From Russia

January 23, 2016 @ 08:31 AM

Armenia is to be supplied with refurbished Il-76 and Su-30SM aircraft alongside armored vehicles, artillery and missiles from Russia. The news follows this weeks Armenian-Russian Intergovernmental Commission on Military-Technical Cooperation which discussed further bilateral trade and military-technical cooperation, Defense Industry Daily reported quoting Hayastan News
Not Sure Of Rafale Deal During Hollande Visit: French Envoy

January 22, 2016 @ 02:38 PM

There is no certainty that the Indo-French Government to Government multi-billion dollar Rafale fighter deal will be signed during the French Presidents visit to New Delhi next week. "The discussions are taking place at present
Six South Korean KF-16 Prototypes To Fly By 2021

January 22, 2016 @ 01:14 PM

South Korean Defense Acquisition Program Administration (DAPA) announced Thursday that six prototypes of KF-16 indigenous fighter jet would be ready by 2021. DAPA in a commencement meeting in the headquarters of contractor Korea Aerospace Industries in Sacheon, South Gyeongsang Province for the fighter jet project held Thursday said that South Korea would be able to introduce the fighter in mid-2020s
US Congress Stalls F-16 Fighter Sale To Pakistan

January 22, 2016 @ 12:31 PM

The US Congress has stalled the sale of eight F-16 fighter jets to Islamabad citing anti-Pakistan sentiments over its reluctance in taking action against terrorist groups. "The hold reflects the growing anti-Pakistan sentiments on Capitol Hill where it is now a routine to see strong attacks on Pakistan and its policies during congressional hearings," Pakistani News daily, the Dawn reported
US Approves Smart Bombs, Missiles, Munitions Worth $2 Billion For Iraqi F-16

January 21, 2016 @ 01:02 PM

The US Government has approved sale of smart bombs, AIM-9M Sidewinder missiles and other munitions for use on its fleet of 36 F-16 fighter jets in a deal valued at up to $1.95 billion to Iraq
Finmeccanica Group As ‘One Company’ At Bahrain Airshow 2016

January 21, 2016 @ 12:10 PM

Finmeccanica group will showcase products from Airborne & Space Systems”, “Land & Naval Defence Electronics” and “Security & Information Systems” divisions as ‘One Company at Bahrain Airshow from Jan 21 till 23. Finmeccanica has become one organisation operating in aerospace, defence and security, with new governance and operating model, organised into sectors and divisions and replacing the previous model of a holding company of separately controlled businesses, the company said in a statement Thursday
China's NORINCO Announces Policy Against WMD Proliferation

January 21, 2016 @ 09:55 AM

NORINCO has established and implemented a multi-faceted Internal Compliance Program (ICP) to prevent the proliferation of Weapons of Mass Destruction (WMD). The ICP also involves means of delivery and control the proliferation risks of conventional defense products and technologies, dual-use goods and technologies, intangible technology transfers (ITT) and deemed exports, the company said in a statement Wednesday

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