Search Results
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Indian Govt Freezes Helicopter Payment
February 15, 2013 @ 07:48 AMThe Indian government has frozen payments for nine of 12 VVIP helicopters it intended to procure from AgustaWestland worth $750 million as the countrys premier investigation agency conducts its probe just days after AWs CEO Guiseppe Orsi was arrested. AgustaWestland recently delivered the first three helicopters with the remaining scheduled to be delivered by the end of this year
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AgustaWestland Expecting Growth In Civilian Helicopter Market
February 14, 2013 @ 12:50 PMAs AgustaWestlands Military division continues to sustain under the possibility of being blacklisted by the Indian government, its civilian helicopter production is taking off. The worlds second largest helicopter maker is expected to begin civil rotorcraft production in the UK if the company wins the SAR competition, according to AgustaWestland Chairman Graham Cole
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Indian Defense Commissions Keep Up With Inflation
February 14, 2013 @ 11:58 AMEven bribery and money laundering dont seem to have escaped the woes of inflation and rising prices around the world. The bribery scandal involving AgustaWestland and India is a fine example of how kickbacks have been affected by global economic downturn
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Former IAF Chief Calls AgustaWestland Money Trail ‘Baseless’
February 13, 2013 @ 12:29 PMFormer Indian Air Force Chief Air Chief Marshal S P Tyagi today strongly denied allegations that he was paid a multi-million dollar bribe to help AgustaWestland seal the VVIP helicopter deal. His statement comes a day after Finmeccanica CEO and Chief Executive Giuseppe Orsi was arrested in connection to the money laundering charges
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AgustaWestland Jinxed in India
February 13, 2013 @ 12:05 PMDeals between India and AgustaWestland seem jinxed taking into account that this is the second time in two decades that a helicopter deal between the two has been dogged by scandals. In 1986, the Indian government under then Prime Minister Rajiv Gandhi agreed to purchase 21 Westland helicopters for the Indian Navy despite staunch opposition from experts who didnt want the helicopters in the fleet
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Finmeccanica CEO Arrested In Connection To India Bribery Case
February 12, 2013 @ 09:35 AMFinmeccanica Chairman and Chief Executive Giuseppe Orsi was arrested today by the Italian police in connection to a “possible international corruption” involving the sale of 12 VVIP helicopters to India worth $750 million. According to the prosecutor investigating the case, Orsi is being scrutinized for corruption and embezzlement in relation to alleged bribes given to the Indian government
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Saudi Arabia To Buy Patrol Boats Worth $2 Billion From Germany
February 11, 2013 @ 11:16 AMThe Kingdom of Saudi Arabia is considering procuring German patrol boats worth $2 billion, according to reports. Although the potential sale has drawn criticism in Germany, the federal Security Council, which includes Chancellor Angela Merkel, has issued a positive response to a preliminary request for the sale by the Bremen-based Luerssen shipyard
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No Competition In Amphibious Aircraft Competition, Says US-2 Manufacturer
February 8, 2013 @ 10:11 AMJapanese aircraft maker ShinMaywa is hoping to supply the US-2 amphibious short take-off and landing (STOL) aircraft to the Indian Navy which is currently looking to induct new naval aircraft. In 2011, ShinMaywa was granted permission by Japanese government to respond to a global request for information (RFI) by the Indian Navy In an interview with Defenseworld
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Iran Introduces Indigenous Fighter Jet
February 5, 2013 @ 07:30 AMThe Government of Iran has introduced the countrys latest fighter jet that it claims can evade radar detection. President Mahmoud Ahmadinejad said that the Qaher-313, or Dominant-313, showed Iran's will to "capture peaks"
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SAIC Bags $667M Warfighter Platform Integration Contract From U.S. SSC Atlantic
February 4, 2013 @ 08:33 AMScience Applications International Corporation or SAIC was awarded a $667 million contract by the U.S
BMP-3 Armored Vehicle Deliveries to Russian Troops Gathers Pace
U.S. Issues Licence to Export GE F110 Engines for Turkey’s KAAN Fighter...
U.S., Iran Halt Strikes on One Another, But Tankers War Continues
U.K. Army to Induct Ukraine-tested Tekever Reconnaissance Drones
One Month Since U.S., Israeli War Against Iran: Who Is Gaining?
One month after the United States and Israel launched coordinated strikes on Iran on February 28 the conflict has expanded...
Modern Tank Showdown: T-90MS, Leopard 2A7, M1E3 Abrams Compared
Main Battle Tanks (MBTs) have shown their mettle in recent conflicts such as in Ukraine despite being increasingly vulnerable to...
European Nations Prioritizing Europe-made IRIS-T & SAMP-T over American Patriot Air Defense Systems?
European nations looking to procure new air defense systems appear to be giving the much-vaunted American Patriot a miss in...
Russian T-90MS Crew Discuss Future Upgrades
Defense Mirror spoke with the crew members of the Russian T-90MS main battle tank, produced by UralVagonZavod
China's Mass-produced J-35A Aircraft Set to Disrupt Global Stealth Fighter Market
China is aiming to disrupt the global stealth fighter market by mass-producing its fifth-generation J-35A at a pace comparable to...
The Future of Combat: Miniaturized Laser Weapons Set to Replace Bullets and Missiles
Lasers may soon replace bullets, and drones could disable enemy UAVs with beams of light instead of missiles