Indias Garden Reach Ship Builders (GRSE) has signed a Memorandum of Understanding (MoU) with Khulna Shipyard Limited (KSY) of Bangladesh to help the country in design and construction of warships. The MoU was signed on May 8 this year
The Indian Defense Ministry has signed two-thirds of defense contracts with local vendors in the past three years. During the last three years and current year (up to June, 2018) out of total 168 contracts, 106 contracts have been signed with Indian vendors for procurement of defence equipment for Armed Forces such as helicopters, radar, ballistic helmets, artillery guns, simulators, missiles, bullet proof jackets, electronic fuzes, and ammunition, Indian Minister of State for Defense, Dr
The members of the European Parliament have approved a proposal to establish a European defence industrial development programme, under which €500 million would be allocated from the EU budget for 2019-2020 to co-finance the joint development of new defence technologies and equipment. The EU will be able to spend money on defence for the first time ever
Airbus and the Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) signed an operator agreement for HERON TP unmanned aerial systems (UAS) after parliamentary approval was granted on 13 June 2018. This contract includes both the provision of HERON TP UAS as well as all operational services required for the system
The German Parliament, Bundestag, is likely to approve leasing of unmanned aerial vehicles (UAVs) from Israel in a €1 billion (US $1.1 billion) deal amidst opposition from the German Social Democratic Party (SDP)
The Bulgarian National Assembly committee on finance and budget cleared $1.08 billion for the procurement of 16 fighter jets
Israels Rafael Advanced Defense Systems Ltd. has signed a cooperation agreement with Romanian company Romaero for the first ever export sales of the Iron Dome rocket interception system
Bulgarian government has decided to ask the parliament to approve military spending of nearly $3 billion to acquire 16 fighter jets in two stages and 150 armoured vehicles. The purchase of the first stage of eight fighter jets is expected to cost about 1
The German Ministry of Defense is looking to reviving a multi-billion dollar deal for leasing Israel-built unmanned aerial vehicles (UAV), after the Budget Committee in the German Parliament decided to postpone the acquisition in June 2017. The ministry is soon expected to request for a 1-billion-euro ($1
A facility to manufacture KA-226T helicopters in India by a recently formed company, Indo Russian Helicopter Pvt. Ltd