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
Korea Aerospace Industries (KAI) and the Indonesia government have signed an agreement yesterday to jointly develop a new South Korean fighter jet, the KF-X, which will be a competitor to the Lockheed Martin F-16 in the global market. The agreement, described as ‘tentative by the Korean media wa signed in Seoul Yesterday
Indias indigenously designed Light Combat Helicopter is all set to achieve final clearance this month. Hindustan Aeronautics (HAL) will start serial production the attack helicopters after getting the clearance, The Hindu reported Friday
The Indonesian parliament approved a 1.07 trillion Rupiah (US$78
Price of the Dassault Rafale fighter aircraft seems to be the main sticking point in Indo-French negotiations to purchase 36 units of the medium multi-role combat aircraft (MMRCA). The negotiations which commenced in May this year to meet the “urgent requirements” of the Indian Air Force have not reached fruition despite several rounds of meetings
The UK Ministry of Defence has published its latest equipment plan for spending 166 billion Pounds on new equipment including aircraft carriers and submarines over the next decade. The Spending plan is a part of a stable base for the Strategic Defence and Security Review (SDSR) of the UK Ministry of Defense The ministry has published the third annual update on Defence Equipment Plan after an independent audit found the cost of the departments 13 biggest equipment programmes fell by 247m pounds last year
The Finland Defence Forces has received a mandate from the countrys defence ministry to start the HX fighter project for replacing the operational capability of F/A-18 aircraft, which will be phased out by 2025. Developments in Finlands operating environment and the tasks of the Defence Forces, the Air Force and air defence require that the capabilities provided by the Hornet fleet be replaced by the end of the 2020s
The US Department of Defense has approved the sale of four MQ-9 Reaper unmanned aircraft to Spain for $243 million. The deal would include four MQ-9 Block 5 drones, 20 embedded Global Positioning Systems, two mobile ground control stations, five targeting systems and five radars, the Defense Security Cooperation Agency said in a statement
Poland and other East-European NATO allies threatened to cancel defence deals with France if it sold the Mistral Warship to Russia. This information has been revealed in recently released transcripts from the French Senate's International Affairs Committee that Eastern European NATO member states have put "significant pressure" to scrap the USD$ 1