Russia and China have signed an agreement today to set up a leasing company to support sales of Sukhoi Superjet 100 aircraft for an approximate US$ 3 billion in China and South-East Asia for the next three years, UAC Russia said in a release. The framework agreement was supported by the Russia-China Intergovernmental Commission
Even as the Indian inter-governmental committee is being formed to negotiate the purchase of 36 Dassault Rafale aircraft from France, information floating about the price is of the order $ 7 billion. This works out to a per Rafale cost of $ 220 million, while informed sources say that negotiations under the 2007 Request for Proposal (RFP) was working out to be $ 70 million per aircraft including life cycle cost (LCC) at initially quoted price of $ 12 billion
US Defense Security Cooperation Agency announced that it has approved $21 million worth sale of AIM-120C7 Advanced Medium Range Air-to-Air Missiles (AMRAAM) to Malaysia. Malaysia has placed a request for 10 AMRAAM, missile containers, spare and repair parts, support and test equipment, publications and technical documentation, personnel training and training equipment, U
India and France will set up team to discuss the acquisition of 36 Dassault Rafale fighters in a ‘time bound manner. A short statement from India's MOD said after the Indian Defence Minister Manohar Parrikar met his French counterpart Jean-Yves Le Drian in Delhi today to flag off the acquisition process
US Navys Unmanned Carrier-Launched Airborne Surveillance and Strike (UCLASS) system has been delayed due to an ongoing debate about the primary role of the drone, the US Governmental Accountability Office (GAO) said in a report on Monday. "Ongoing debate about whether the primary role of the UCLASS system should be mainly surveillance with limited strike or mainly strike with limited surveillance has delayed the program," GAO report said
Turkey's Havelsan will acquire flight simulation assets of Quantum3D that has US government units and civil companies as its customers, in order to increase simulation and training abilities. The deal with Quantum3D will likely to be finalized this year and its products will continue to be sold under the Quantum3D brand name like before, various media reported last week
The Nordic fund company has blacklisted Boeing as the group is manufacturing and supplying nuclear weapons, Financial Times reported Sunday. Nordea added that the move is due to the groups involvement in producing components for replacement of nuclear-armed Trident ballistic missile submarines in 2014
China in a move to sell its Type 054A to Russia might showcase the guided-missile frigates at the joint sea 2015 naval exercise later this month in the Mediterranean Sea, Want China Times website reported Sunday. According to Alexander Mozgovoy, a Russian defense expert, Chinese Type 054A can be used as substitutes for the obsolete vessels currently in service before the Russian Navy puts advanced domestic frigates into service
Negotiations between Indian and French Governments to buy 36 Dassault Rafale fighter could take months, CEO of Dassault Aviation, Eric Trappier said. “It is a matter of a few weeks to a few months”, Trappier said in an interview to Le Figaro newspaper ahead of signing ceremony in Qatar to buy 24 Dassault Rafale aircraft for the tiny gulf state
NASA announced Thursday that its researchers along with the US Air Force Research Laboratory (AFRL) and FlexSys Inc have successfully completed initial flight tests of a new morphing wing technology that can reduce airframe weight. The new technology has a potential to save millions of dollars annually in fuel costs, reduce airframe weight and decrease aircraft noise during takeoffs and landings