News

Nexter Systems and Krauss‐Maffei Wegmann (KMW) merger agreement signed

July 29, 2015 @ 07:34 PM

Nexter Systems and Krauss‐Maffei Wegmann today signed an agreement to merge into a Franco‐German defence technology group with a 2 billion euro turnover, 9 billion euro order book and over 6,000 employees. Nexter and its owners view this step as decisive for the consolidation of the defence technology industry in Europe
Carnegie Mellon University’s Software Engineering Institute Wins $1.73 Billion Software Contract

July 29, 2015 @ 04:31 PM

Carnegie Mellon Universitys Software Engineering Institute has won a $1.73 billion renewed contract to support the US DoD with secure software systems
Remove Hurdles For Indian Firms In Defense Manufacturing: ASSOCHAM

July 29, 2015 @ 01:12 PM

Dilution of stringent conditions, removing nomination based Defense Public Sector Undertaking (DPSU) contracts, and setting indigenization target with a time frame will encourage Indian domestic companies to take part in defense equipment manufacturing. The Indian government should set indigenization target within a time frame to encourage domestic companies to take part in Defense equipment manufacturing
Rheinmetall Wins $493 Million Canadian Soldier And Medium Range Radar System

July 28, 2015 @ 03:46 PM

Rheinmetall has won a $493 million contract to provide an Integrated Soldier System and a Medium Range Radar System to Canadian forces. The Integrated Soldier System Project is a suite of military equipment that is vital to the effectiveness and protection of frontline soldiers on a modern battlefield
Footage ‘Proof’ that Drone Came From India: Pak Army

July 28, 2015 @ 09:37 AM

The Pakistani army released footage from a drone it downed near Line of Control (LoC) earlier this month, claiming that it presented evidence that it was flown for reconnaissance inside Pakistan. According to a statement and video released by the Inter Services Public Relations (ISPR) of the Pak armed forces yesterday, the Quadcopter (drone) contained an image taken ‘from the office of an Indian firm and an Indian ‘command post
Egypt Likely to Order Two More Gowind Corvettes‏

July 27, 2015 @ 03:13 PM

France is initiating negotiations with Egypt on buying two more Gowind Corvettes. French Defense Minister Jean-Yves Le Drian visited Cairo last weekend
Roadblocks Hinder 'Make in India' in Defense Sector

July 27, 2015 @ 01:30 PM

Offset policy, delay in procurement process and over-regulated Defense procurement policy (DPP) and many other issues have hindered make in India program. Talking during a panel discussion on 'Make in India' energizing A&D manufacturing sector as part of the Aerospace and Defense Summit (ADMS-2015) in Bangalore on Saturday, Rajeev Sikka, CEO Sika Interplant systems said, “Make in India initiative requires a lot of unlearning as we have always had a non-regulatory environment in the defense sector so far
Factory Acceptance For Airbus HATS01 Helicopter, Meant for Australian Army, Navy Pilot...

July 27, 2015 @ 11:57 AM

Airbus Helicopters has achieved Factory Acceptance of HATS01, the first of fifteen helicopters of theH135 family, for joint Australian Navy and Army pilot training. Boeing Defence Australia is the prime contractor for the new training system for the Australian Defense Force
Oshkosh To Modernize Extendable Boom Forklift

July 25, 2015 @ 05:42 PM

Oshkosh Defense has won a $54 million contract from the US Marine Corps Command to modernize the fleet of Extendable Boom Forklifts (EBFL). The company announced Friday that the deliveries will begin in 2016
Companies With Low Financial Ratings To Be Out of 'Make in India'

July 25, 2015 @ 05:40 PM

A high-powered ministry of defence (MoD) panel has recommended to remove low credit-rated and debt-ridden companies from the major defence projects under 'Make in India'. Even though the companies are shortlisted and are in the prominent position now, this recommendation can disqualify some of them from the defence manufacturing plans, Economic Times reported today

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