Serge Dassault, who heads Dassault Aviation, was taken into custody Wednesday for allegedly buying votes in Corbeil-Essonnes where he was formerly mayor. Dassault in 1998 received a two-year suspended prison sentence in Belgium for bribing members of the Socialist Party to win a helicopter deal
India-based firm, Bharat Electronics Limited (BEL) has signed a $29.24 Million contract with the Government of Myanmar for three Hull Mounted Sonars–Export (HMS-X)
Egypt and Russia have reached an initial agreement on how to implement a new arms delivery deal worth over $3 billion. According to Vedomosti newspaper, at the meeting the two sides initialed or signed contracts for the delivery of MiG-29M/M2 Fulcrum fighter jets, air defense missile complexes, Mi-35 helicopters, coastal anti-ship complexes, light weapons and ammunition
India's Defence Researsch and Development Organisation (DRDO) has signed a Memorandum of Understanding (MoU) with French-firm MBDA to jointly work on Short Range-Surface to Air Missile (SR-SAM). The announcement was made in a written statement by Defence Minister AK Antony to the Parliament
India has picked Russian Helicopters to supply 12 VVIP choppers to be used to transport high profile leaders, the Rostec state corporation said in a press release. The Mi-17V-5 helicopter was chosen by the countrys Special Protection Group (of the 150 helicopters already delivered to India) for escorting the most important politicians in India during the election season
The South Korean Defense Acquisition Program Administration (DAPA) will finalize the purchase of 40 Lockheed Martins next-generation F-35 jet fighter jets later this year. "We will push to sign the contract in the third quarter, after testing and further negotiations," Jung Kwang-Sun, the DAPAs aircraft department director, was quoted as saying by various media report
As AK Antony, Indias longest serving defense minister, enters the final year of his governments tenure, his handling of the MoD will be remembered for zero-tolerance towards corruption and a determined push to indigenization of defence hardware. Under his seven years leadership, Indias MoD initiated several programs to modernize its armed forces and streamline procurement
The Finnish Ministry of Defence (MoD) will acquire second-hand Leopard 2A6 main battle tanks (MBTs) from the Netherlands, according to Army Technology. In a letter to the Dutch Parliament's Lower House, defence minister Jeanine Antoinette Hennis-Plasschaert noted that the contract is likely to be signed next week during the visit of Finnish defence minister, Carl Haglund, to the Netherlands
As the possibility of blacklisting by the Indian government looms over AgustaWestland following the termination of the VVIP helicopter deal, its participation in various other military tenders worth an estimated $3.5 billion also hang in the balance
Finland has entered negotiations with the Netherlands to purchase around 100 Leopard 2A6 main battle tanks (MBTs), the Finnish Ministry of Defence (MoD) announced last week. "The preparations for the acquisition and the related negotiations are ongoing," a Finnish MoD statement said, adding that they "are proceeding in good faith"