South Koreass arms procurement agency, Defense Acquisition Program Administration (DAPA) launched an institution, Defense Export Promotion Center (DEPC). The DEPC will help Korea to advance into foreign markets and will provide defense firms with a comprehensive package of support, such as export-related administrative procedures and other services, DAPA said in a statement
Lockheed Martin has been awarded a $282,085,646 contract modification for long-lead-time material and detail design in support of the construction of four Multi-Mission Surface Combatant ships (MMSC) for Saudi Arabia. This contract involves foreign military sales to the Kingdom of Saudi Arabia
Northrop Grumman has inked a deal with South Korean Defense Acquisition Program Administration (DAPA) to provide Republic of Korea Global Hawk HUAV (High-altitude Unmanned Aerial Vehicle) fleet with Contractor Logistics Support (CLS). The contract includes providing timely site activation in South Korea, complete training packages for pilots, operators and maintainers of the system; and a team of subject matter experts to provide seamless on-site and reach-back CLS support, the company said in a statement Wednesday
The Russian Knights Aerobatics team which operate modified Su-30SM aircraft will perform aerobatics at the Bahrain International Air Show starting from November 14-16. The team arrived in the capital Manama Monday along with four aircraft
Leonardo announced the signing of a contract with Italys Guardia di Finanza (Italian law enforcement agency) for the production of 22 new generation AW169M twin-engine helicopters. The contract includes a comprehensive support and training package which could be further extended with optional services valued at an additional $112
Russian firm, Technodinamika has completed R&D to design the landing gear concept for the Chinese-Russian CR929 wide-body liner. Technodinamika has prepared the conceptual design of the landing gear for the CR929 wide-body aircraft within the agreement with UAC
Russian rocket engine manufacturer Energomash and the China Aerospace Science and Technology Corporation have signed an agreement to jointly develop and manufacture new-generation liquid rocket propellants. The document was signed at the Airshow China 2018 aerospace exhibition, Energomash said in a press release
Chinese North Industries Company (NORINCO), a manufacturer of diverse weapons systems has offered international customers complete weapons packages to equip whole combat units. Current practice in the international arms trade is to supply individual items which the customer-army then puts it together for its combat units
Israel has signed a reciprocal procurement agreement with Boeing that will see the company spending billions of dollars if it wins major Israeli defense contracts. The “reciprocal procurement” agreement will have Boeing collaborate with Israeli companies for at least 35 percent of the value of any transaction it signs with the Israeli government, Reuters reported Wednesday
Russia will grant Cuba a loan of $50 million to buy defence equipment such as armored vehicles and helicopters. Document approving the purchase are expected to be signed during the Cuban-Russian intergovernmental commission on trade and scientific-technical cooperation to be held in Havana tomorrow, Kommersant newspaper reported Saturday quoting unnamed Russian sources