China today announced a double-digit hike to its defense budget with a 10.7 percent increase for 2013-14
Even 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
Earlier this week, Iranian President Mahmoud Ahmadinejad introduced his countrys latest indigenously developed fighter aircraft that can supposedly evade radar detection. The new jet known as Qaher F-313 or Dominant F-313 is said to be similar to the American F/A-18
The Taiwanese Military has announced the development of an offensive surface-to-surface missile, codenamed Cloud Peak or ‘Yunfeng that could cover southern and central Chinese regions, including Shanghai. The missile, with a 1,200-kilometer range is outfitted with a ramjet engine capable of speeds of Mach 3 or higher
Pentagons Inspector General has confirmed that Boeing will pay a $1 million settlement to the USAF for the F-15 fighters replacement parts in a 2007 mid-air jet breakup. Boeing was found to have provided ‘defective or ‘non-conforming parts, a fact which was corroborated in a joint investigation for the inspector general and USAF
During the 6th annual International Aviation Industry Exhibition underway on Kish island in the Persian Gulf, Iran showcased two domestically-produced helicopters. The two semi-heavy and mid-size military choppers, Panha-1 and Panha-2, were unveiled by Iranian Defense Minister Ahmad Vahidi
As far the Russian weapons manufacturer Rosoboronexport is concerned the competition is still on to win the Indian helicopter deal. The company has strongly denied rumors the company lost out on heavy-lift helicopters and aerial tankers tenders issued by the Indian Air Force
Lockheed Martin and Indonesian firm PT CMI Teknologi (CMI) have recently completed a production readiness review that qualifies CMI to begin in-country manufacturing for the TPS-77 and FPS-117 long-range surveillance radars. Lockheed Martin and CMI are jointly pursuing the National Airspace Surveillance – Republic of Indonesia (NASRI) program, with the intent to produce more than 20 new radars to improve airspace surveillance, safety, and management over the Indonesian Archipelago in support of the government’s defense revitalization initiative
The Missile Defense Agency (MDA) and the U.S Army successfully conducted the largest, most complex missile defense flight test ever attempted resulting in the simultaneous engagement of five ballistic missile and cruise missile targets
The defense ministers of Indonesia and India are planning to jointly start training and possible co- production sale of military, defense equipment and increase maritime security. Indian Defence Minister A