News

US Cancels Russian Helicopter Purchase Plans

November 14, 2013 @ 08:26 AM

The Pentagon has scrapped plans to buy Russian helicopters for the Afghan Air Force from Rosoboronexport, a state-owned arms exporter that also sells weapons to Syria. The Pentagons plans to buy additional 15 Russian Mi-17 helicopters for $345 million appears to end for now
Egypt Plans Russian Arms Purchase: Foreign Minister

November 13, 2013 @ 10:39 AM

Cairo is considering deliveries of Russian arms, Egypts Foreign Minister Nabil Fahmy was quoted as saying by RIA Novosti ahead of a Russian delegation's visit. Nabil Fahmy said in an interview with RT television channel that “the issue of purchasing new Russian weapons should be carefully examined,” confirming the issue is under consideration in the Egyptian government
AgustaWestland Scores Big Contract Wins This Year

November 12, 2013 @ 12:36 PM

AgustaWestland took home contracts worth over €1.44 billion in the last few months, the company said in a statement
Declining Defence Budgets And Technology Upgrade Shaping Night Vision Market

November 12, 2013 @ 11:54 AM

As defence budgets take a beating due to the downturn of the war in Afghanistan, the market for night vision devices (NVDs) is being shaped by an upgrade of technology from Generation II to Generation III. A decade ago, a major chunk of the night vision market supported war efforts in Iraq and Afghanistan
Romania To Buy F-16 Block 15 MLU Aircrafts Worth $457 Million

November 11, 2013 @ 01:17 PM

Romania requests a sale of weapons, equipment, and support for 12 F-16 MLU Block 15 for an estimated cost of $457 million. The proposed sale includes 13 Embedded Global Positioning Systems/Inertial Navigation Systems (EGPS/INS) with GPS Security Devices, Airborne * 3 AN/ALQ-131 Electronic Countermeasure Pods, 30 AIM-120C Advanced Medium Range Air-to-Air Missiles (AMRAAM), 5 AIM-120C Captive Air Training Missiles (CATMs), 60 AIM-9M Sidewinder Missiles, 4 AIM-9M CATMs, 48 LAU-129 Launchers, 10 GBU-12 Enhanced Guided Bomb Units, 18 AGM-65H/KB Maverick Missiles, 4 AGM-65 CATMs, 15 Multifunctional Information Distribution System/Low Volume Terminals and 2 Multifunctional Information Distribution System Ground Support Systems
AgustaWestland Wins €1 Billion SAR Helicopters Contract From Norway

November 9, 2013 @ 08:30 AM

Norway has selected AgustaWestland to supply 16 new AW101 search-and-rescue helicopters in a deal that could be worth more than €1 billion. An announcement on a Norwegian government website on Nov
Paramount Acquires Controlling Stake In Nautic Africa

November 7, 2013 @ 01:06 PM

Paramount Group has acquired a majority stake in Nautic Africa, one of the continents leading specialist shipbuilders, in a move that gives Paramount a key strategic maritime presence. The landmark deal comes amid a growing need to protect and secure Africas coastlines, great lakes and rivers, and political and economic assets, including oil pipelines, shipping lanes, tourist areas and national borders
Taiwan Takes Delivery Of First Six Apache Helicopters

November 6, 2013 @ 09:28 AM

Taiwan has received the first six of 30 Apache advanced attack helicopters bought from the US, Taiwan officials were quoted as saying by Defense News. The six AH-64Es — the latest version of one of the worlds most powerful assault helicopters — were shipped to the southern port of Kaohsiung on Monday, as Taiwan is gearing up to modernize its military despite warming ties with China
Saudi Arabia To Buy German Submarines Worth $16 Billion

November 5, 2013 @ 12:02 PM

Saudi Arabia will reportedly purchase five Type 209 submarines for 12 billion euros ($16.5 billion) from Germany
Snowden Revelations Leave US Allies Scrambling To Build Cyber Defense Capabilities

November 1, 2013 @ 11:12 AM

As a side-effect to Edward Snowden's revelations on widespread snooping US' National Security Agency (NSA), defense companies rolling out new cyber security solutions aimed at securely sharing sensitive information. Lockheed Martin this week announced the development of a new cyber security solution that allows intelligence to be securely shared among personnel working at all security levels -- from highly classified intelligence sites to unclassified users in the field

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