In the aftermath of the Libyan civil war and the country’s liberation from Muammar Gaddafi, mountains of weapons were stolen and looted from across the country. The United Nations and NATO have been trying to secure the lost munitions that they fear could reach Al Qaeda and other outfits in North Africa, but with little success
China intends to deploy drones along its coast line as maritime quarrels with its neighbours continue to grow. Chinese officials made the announcement as tensions with neighbours grow over the disputed South and North China Sea islands
A new era in cyber warfare seems to have emerged over the past week as an estimated 500,000 Indians, hailing from the country's North East fled the southern cities of Bangalore and Hyderabad following the circulation of anonymous text-messages threatening mass violence against them. The texts contained multi-media clips of violence and links to social networking sites showing graphic images of violence
Rolls-Royce announced that it has won a contract of £8 million to design and power highly specialised buoy tender vessel for India. The contract includes supply of main engines, propulsion system, automation and control system, deck machinery and shaft generators
EADS has enlisted accountancy firm PricewaterhouseCoopers to help conduct a parallel investigation alongside UK’s Serious Fraud Office's (SFO) to look into bribery allegations. PwC will look into the accounts and audits at EADS’ subsidiary GPT Special Projects after the SFO launched a criminal investigation into allegations concerning its business transactions in Saudi Arabia
A former EADS employee has accused his colleagues from the company’s UK unit of using middlemen to bribe Saudi Arabian officials with luxury cars, jewelry and briefcases of cash in an effort to win a $3.3bn communications contract five years ago
The U.S has announced that it will ground all flight operations of the MV-22 Osprey that was recently installed in Japan until Tokyo confirms the safety of the planes
The India Navy’s Multi Role Helicopter (MRH) competition has been extended till December 2012 with the two bidders, Sikorsky and NHI Industries having been notified by the Indian Ministry of Defense (MoD) that their commercial proposals validity be extended till the end of the year. The two bids which have been found technically complaint are to be reviewed by a commercial negotiations committee (CNC) before the end of the renewed deadline to choose a winner
Turkey will spend up to $8 billion in defense purchases as its exports will reach $2 billion in 2016, four years from now, according to a major estimation by the procurement agency, the Undersecretariat for Defense Industries (SSM). The present figures are around half of that
Iranian lawmakers announced on Friday that the issue of Russian S-300 air-defense system delivery to Iran could still be resolved. Iran is hoping Moscow will fulfill its contractual obligation and deliver the system to Tehran, said lawmaker Mohammad-Reza Mohseni-Sani