South Korean Defense Acquisition Program Administration (DAPA) announced Thursday that six prototypes of KF-16 indigenous fighter jet would be ready by 2021. DAPA in a commencement meeting in the headquarters of contractor Korea Aerospace Industries in Sacheon, South Gyeongsang Province for the fighter jet project held Thursday said that South Korea would be able to introduce the fighter in mid-2020s
Kuwait has allocated an additional $10 billion funds to purchase new fighter jets, tanks and air defense systems over the next decade. Kuwaits parliament unanimously approved a request by the state government
Belgium has decided against supplying arms to Saudi Arabia citing mass executions carried out on Jan 2 and the nations role in Yemeni conflict. “We have rejected the request (for military shipment to Saudi Arabia),” RTBF broadcaster cited Belgiums Flanders Minister-President Geert Bourgeois as saying to the Flemish Parliament Wednesday
Iran will drop lawsuit against Russian Rosoboronexport before the supplies of the first S-300 missile systems are delivered. "[Now the lawsuit] has not been dropped
Indias Defense Research Development Organization (DRDO) inducted over INR, 1.8 lakh crore (US $27 billion) in systems, products and technologies into services or in the process of production
Indias Comptroller and Auditor General (CAG) has slammed the Indian Air Force (IAF) for underutilization of operational capabilities of Air-borne Warning and Control System (AWACS) aircraft purchased for INR 5,042 crore (US $760 million) in 2004. "There was sub-optimal utilisation of operational capabilities of 'AA' in terms of flying task achieved mainly due to un-serviceability of 'AA'
Finmeccanica might delay the signing of a contract worth 7-8 billion euros to sell 28 Eurofighter jets to Kuwait. Finmeccanica CEO, Mauro Moretti said last Thursday that the contract may not be signed before December 25
Iraq has requested Germany to assist further in the fight against Islamic State (IS). Iraqi Prime Minister Haider al-Abadi had in particular asked the German government to provide help with troop training
Indian defense vendors bagged about 62 per cent of INR 65,591 crore (US $9.8 billion) contracts in 2014-15
Japans Mitsubishi Heavy Industries is expected to test fly a locally-made stealth jet by March 2016 with technology developed in-house. The plane, called Advanced Technology Demonstrator X (ATD-X) will then be handed over to the Japanese Self Defence Force (SDF), which will start conducting its own tests, Bloomberg quoted Hirofumi Doi, a program manager at the Defense Ministry as saying