Saab has won a $5.4 billion contract for the development and production of 36 Gripen NG fighter for Brazil
Partnerships between Indian and foreign arms manufacturers have shown a distinct upward trend in the past few months. Perhaps enthused by the hike in foreign investment limit from 26% to 49% and the Modi governments thrust to domestic manufacture of defence equipment, an increasing number of international firms are scouting for local partners
India Today decided to buy an Israeli anti-tank missile, ‘Spike for INR 3200 crore (US$520 million approx) while rejecting the offer of the Raytheon-Lockheed Martin ‘Javelin missile. The defence acquisition council (DAC) of the Indian MOD approved the purchase of the Israeli missile made by Rafael which has offered to co-produce the missile in India along with transfer of technology
Boeing has sold airplane parts to Iran Air, national flag carrier of Iran, for the first time since the 1979 hostage crisis between Iran and the US,Anatolian News Agency reported Thursday. Boeing has stated in a report that it generated approximately $120,000 in revenues and overall $12,000 net profits during the third quarter of 2014 from Iranian contracts
General Dynamics C4 Systems announced today that it will deliver up to 1,000 Samsung KNOXTM-enabled Galaxy S4 smart phones provisioned with added GD Protected software for the US government. General Dynamics recently received the Defense Mobile Classified Capability (DMCC) contract from the National Security Agency (NSA)
The Argentine Defense Minister Agustín Rossi announced on October 21 that the government will soon negotiate on purchase of 24 Swedish-designed Gripen NG combat aircraft that will be produced in Brazil. The conditions of purchase, as well as the eventual Argentine participation in the production of these aircraft, will be the subject of negotiations in the coming months between representatives of the two countries
India has decided to ground its fleet of over 200 Su-30 aircraft, following a crash in Pune last week, until an investigation into the problem of automatically ejecting pilot seats has been concluded. In 2013, Hindustan Aeronautics Limited (HAL) wrote to IRKUT Corp and Rosoboronexport about having problems with the aircraft's ejection seats on multiple occasions
Finmeccanica - Selex ES has completed the acquisition of Tactical Technologies Inc. (TTI) operating out of Ottawa, Canada
Computer Sciences Corp and a division of Northrop Grumman have won separate contracts worth a total of $65.2 billion to provide the U
Lockheed Martin UK has won a $1 billion contract from General Dynamics UK to provide turrets for the new SCOUT armored vehicle ordered by Britains Royal Armed Forces, the company said in a statement today. The contract includes design and manufacture of 245 turrets for the new tanks that would sustain 880 jobs at its site in Bedfordshire, England