Raytheon has won a $1 billion contract from the US department of Homeland Security to Provide Mission Critical Cybersecurity Solutions. The US Department of Homeland Security (DHS) has selected Raytheon to be the prime contractor and systems integrator for the agency's Network Security Deployment (NSD) Division
India has signed two contracts with the US officials on Monday to buy 22 AH-64E Apache attack helicopters, and 15 CH-47F Chinook multi-mission heavy lift helicopters for the countrys air force. Two of the contracts, which were signed between the US Boeing and Indian defence ministry, were for the direct commercial sale (DCS) part of the contracts
France has agreed to an Indian government demand to invest a part of the multi-billion dollar Dassault Rafale fighter jet purchase in ‘Make In India program as part of the deal. “The French manufacturers of the Rafale fighter will commit to making investments worth $4
Bulgaria may lose access to spares and documetation of it MiG-29 fighters following a decsion to carry out servicing of its aircraft in Poland. In a move to limit dependency on Russia, Bulgaria chose not to renew its existing repair and maintenance contract with Russian Aircraft Corporation MiG (abbreviated RSK MiG) which ends in September, instead it entered into a servicing agreement with Poland for the maintenance of its old MiG-29s in August
Airbus signed a strategic partnership with French IT service company Atos to develop security systems against computer attacks. The Airbus Defense and Space announced Monday that it is venturing with Atos for providing "products, services and solutions designed to counteract cyber-attacks" to clients, and increase their stake in "the growing cyber security market estimated to be worth $84 billion" or 75 billion euros by 2016
China may have agreed to co-operate with the US over Cyber Security due to threat of economic sanctions against the nation. The Obama administration was able to extract the agreement under threat of sanctions should China not sign the agreement which among other things forces Beijing to prosecute Chinese officials and private citizens involved in cyber threat or espionage against the US, various US media reported
The US government has approved the $9 billion sale of Sikorsky Aircraft from United Technologies Corp to Lockheed Martin. “In a filing with the US Securities and Exchange Commission, Authorities in Japan and South Korea had also approved the deal, but it was waiting for other regulatory approvals,” Reuters quoted Lockheed Martin as saying in a statement Thursday
A Delhi court has issued an open ended non-bailable warrant against Christian Michael James in the INR 3,600 crore (US $540 million) VVIP Chopper deal case. The Central Bureau of Investigation had sought a non-bailable arrest warrant against a London-based accused in the VVIP helicopter ‘scam case earlier this month
The Indian government has raised the validity of industrial license for defense manufacturing to 15 years and extendable provision by upto 18 years. Currently, the initial validity for defense sector stands at seven years and further extendable up to 10 years
The Japanese Self Defense Forces can now go offensive when under attack as per the new legislation. “The defense forces can use force to defend allies under armed attack and expands the scope of its use of arms in U