The Swiss Parliament approves funding of 3.1 billion francs for the acquisition of 22 Gripen fighter aircraft project
The British Government is renegotiating a deal for two 65,000-tonne aircraft carriers with BAE systems in order to control rising cost, but the terms of deal suggests otherwise, Defense Secretary Philip Hammond was quoted by Defense News. Hammond said in a statement issued in a critical Parliamentary Public Accounts Committee (PAC) report, “We are currently negotiating with industry to seek to secure proper alignment between industry and the MoD over the balance of the project and so bring the costs under control, but we are doing so within the context of a contract that gives us very little negotiating leverage...
AgustaWestland (AW) which is facing bribery charges in the sale of 12 VVIP AW101 helicopters to the Indian Air Force has contested a report of Indias Comptroller and Auditor General (CAG) “in the interest of accuracy of balance”. In a communication to the CAG last week, AW has said that it would have been able to demonstrate flight operations at a height of 6,000 meters rather than 4,500 meters as was mandated in the 2006 RFP
The Swiss Parliament today voted in favor of procuring 22 Gripen E fighter aircraft from SAAB. The security committee of the National Council reached a majority “yes” vote – 14 in favour and 9 against - and it is anticipated that the procurement will progress to the plenum of the Nationalrat for votation in the September session, according to an official statement from the company
Indian Defense Minister AK Antony revealed to Parliament that 4.67% of the annual revenue expenditure was spent on Mirage upkeep and maintenance
The Indian government has spent over Rs 2.35 lakh crore (USD 38
South Korea has submitted a $192.6 billion budget request to its Parliament for the 2014-2018 FY periods
With the EU arms embargo behind them, Syrian rebels will begin taking delivery of weapons from the U.S next month after two key U
Following a bitter debate in Italy's parliament to scrap the procurement of 90 F-35 jets, Lockheed Martin has called off a public ceremony marking the opening of an assembly plant for the F-35 Joint Strike Fighter. The ruling coalition last month agreed to seek parliament's approval before going ahead with further spending on the program
The Korean National Assembly has recommended that its government re-examine plan to buy European long-range air-to-ground missiles and high-altitude surveillance aircraft from the United States, citing too high price tags, according to the Korea Herald. The defense acquisition plan to buy Taurus missiles and Global Hawk unmanned aerial vehicles should be "reviewed again in a (future) parliamentary budget deliberation process