NATO will not consider taking over the order for two Mistral helicopter carriers that France has committed to supply to Russia, NATO Secretary General Anders Fogh Rasmussen saidMonday. Rasmussen in a press conference said, “NATO has not considered taking over the order for two Mistral helicopter carriers that France is responsible for delivering to Russia" “It has not been considered because the issue has not been raised
A third judge has been appointed at long last in the international arbitration requested by AgustaWestland against India after the cancellation of the 560 million euro AW101 helicopter contract in December. The news of the appointment comes only days after Indias Central Bureau of Investigation announced it has failed to find any evidence of bribery while the Italian magistrates have similarly dropped all charges against AW and its parent company, Finmeccanica
South Koreas projects to develop indigenous fighters and purchase stealth warplanes have gained momentum as Seoul reportedly plans to approve crucial administrative steps at the national defense acquisition program committee in September, according to Korea Herald. According to the report, top defense officials will approve the bidding plan for the “KFX project” to develop home-built fighters, and the result of negotiations for the FX stealth fighter procurement project will be reported
After years of delays, the Indian Ministry of Defense has cleared a proposal to buy 16 multirole helicopters worth $1 billion for the Navy. The clearance was reported given at the Defence Acquisition Council (DAC) yesterday meeting chaired by the Defence Minister Arun Jaitley, according to Indian media reports
The Australian Government has awarded a multi-million dollar contract to provide specialised vehicles for the Australian Defence Forces Special Operations. Defence Minister Senator David Johnston today announced that Supacat Ltd will supply 89 Special Operations Vehicle – Commando, in a contract that will create approximately 150 new jobs in western Sydney and Victoria
The Indian Defence Ministry on Friday retracted a tender to procure 197 light choppers worth $1.5 billion which had been put on hold which has been on hold due to an ongoing bribery investigation
In connection with the judicial proceedings regarding the supply of 12 AW101 VVIP helicopters to the Indian Government, Finmeccanica today said that the judge for pre-trial investigations has decided today to grant the request for monetary measures made by the two Finmeccanica-owned companies AgustaWestland SpA and AgustaWestland Ltd, jointly with the Public Prosecutor. The judge has, in accordance with the said requests, decided to endorse the imposition of an 80,000 Euro fine regarding AgustaWestland SpA and of a 300,000 Euro fine, alongside the confiscation of 7
Defense Minister Arun Jaitley Wednesday reviewed the progress of the indigenous Scorpene submarine construction and other ongoing warship building projects, including the P-15B Class stealth destroyers, Press information Bureau reported. "With all the impediments and material hurdles resolved, the construction of the submarines is progressing on schedule to meet the planned delivery schedule of September 2016," the report said
Finmeccanica today clarified in a statement that it has not received any official communication from any relevant authorities from India regarding the recent media reports on decisions made by the Ministry of Defense pertaining to its existing and future contracts in India. Local media reported Monday that Finmeccanica and its subsidiaries will be allowed to continue doing business in India and will not face blacklisting
Pilatus Aircraft Ltd and Indias Tata Advanced Systems have signed an agreement for manufacture and supply of Pilatus PC-12 “Green Aircraft” Aerostructures at Tata Advanced Systems facility in Hyderabad, India. This will include assembly of complete airframe for the aircraft, including Integrated Fuselage, Wing, Cockpit, Ailerons, Fins, and Rudders