Japan plans to establish a new agency for defense equipment, including all processes from development and procurement to final disposal by October this year. The agency will be provisionally called the Acquisition, Technology and Logistics Agency and is expected to be a powerful entity that will control nearly a third of the country's defense budget, Nekkei reported Tuesday
Boeing announced today that the board of directors has elected Dennis A. Muilenburg as the new President and CEO
Northrop Grumman announced today that it has won a $31.7 million contract to deliver an advanced anti-missile system to the US Air National Guard and Air Force Reserve Command
The US has provided Egypt with two fast missile boats that would contribute towards “ensuring regional security, countering terrorism, and protecting global commerce,” the US embassy in Cairo said Monday. The embassy said in a statement that the two Fast Missile navy vessels reached the Mediterranean city of Alexandria on June 17
Even as Dassault basks in recent sales success of the Rafale, it might be hard pressed to scale up production to meet the 84 export orders besides its existing commitment to the French Armed Forces. Dassault has successfully sold 84 Rafale fighter jets this year to Egypt, India and Qatar
People's Republic of Korea has selected Caterpillar Marines Cat power solutions to power 16 new build Patrol Boats for the nations Navy. Each Patrol Boat will be equipped with two Cat C32 main propulsion diesel engines and two Cat C9 ship service diesel generators, the company announced Friday
Sikorsky Aircraft announced Friday that it has delivered six CH-148 Cyclone helicopters to the Canadian government during an acceptance celebration. The six helicopters represent the first of 28 Cyclone aircraft that Sikorsky will deliver to the Canadian Armed Forces to perform a full range of anti-submarine and anti-surface warfare, search and rescue, and utility missions in various environments
US based Firearms manufacturer Colt has filed for bankruptcy after it failed to garner support of bondholders for a debt reshaping agreement, the company said in a statement last Sunday. "Colt plans to try to reduce its $355 million debt burden via a court-supervised auction of its business, to generate proceeds to repay some of its lenders," Wall Street Journal reported Monday, 15, June 2015
Frances Safran (Sagem) will supply a crucial internal guidance technology for Indias BrahMos missiles, various media reported today. France has agreed 'in principle' to India's request for the technology
Data Link Solutions (DLS) has won a $478.6 million contract from the Space and Naval Warfare Systems Command (SPAWAR) for the production, development and sustainment of Multifunctional Information Distribution System Joint Tactical Radio Systems (MIDS JTRS) terminals, Rockwell Collins announced Thursday