News

No Decision To Blacklist Finmeccanica, CBI Questions Former Indian Air Chief

March 7, 2013 @ 11:43 AM

India's lead investigation agency the Central Bureau of Investigation (CBI) on Wednesday questioned former air force chief of staff SP Tyagi in the VVIP-AgustaWestland helicopter bribery scandal. The agency say they are looking into allegations that several officials including Tyagi received kickbacks from AgustaWestlands parent company Finmeccanica to ensure the company wins the helicopter competition
Iraqi Probe Finds Ukraine Delivered Low-Quality APCs

March 1, 2013 @ 02:54 PM

Ukraine has come under fire after a senior Iraqi official accused the country of delivering low-quality armored personnel carriers and breaching the delivery terms of a contract signed in 2009. “A probe into Ukrainian arms deliveries to Iraq revealed corruption with regard to Part 3 of the contract, concerning the sale of 420 armored personnel carriers, of which only about 100 have been delivered to date despite the fact that the contract was ratified several years ago,” Shiwan Muhammad Taha, a member of the Iraqi parliaments security and defense commission, said in an interview with RIA Novosti
Indian Defense Budget Gets 14 Percent Hike

February 28, 2013 @ 09:26 PM

The Indian Ministry of Defense on Thursday got a 14 per cent budget hike (about $37.45 billion approximately) for 2013-14 with a promise from Finance Minister P Chidambaram to provide any additional fund required for national security
Junk F-35, Says POGO Director Amid Pricing, Underperformance Issues

January 8, 2013 @ 12:00 AM

Lockheed Martin’s F-35 fighter aircraft is an under-performing plane, according to Winslow Wheeler, Director of the Straus Military Reform Project of the Center for Defense Information, a part of the Project on Government Oversight. According to Wheeler, the F-35 is a mediocre aircraft because its “varied requirements force it to make compromises” and says that the aircraft should be boxed
Indian RFP For $15 Billion Submarine Project soon

December 7, 2012 @ 12:00 AM

The Indian Navy will soon issue a global RFP for three new stealth submarines called Project 75 (I) (for India) after the Defense Acquisition Council gave its approval recently. This is a follow on acquisition to six Project Submarines under construction in India with technical help from DCNS, France called Project 75 submarines
Indian Navy Draws Up A Nearly $20 Billion Procurement Plan

December 7, 2012 @ 12:00 AM

As the Chinese navy continues to undergo rapid modernization with the induction of aircraft carriers, the Indian Navy’s ambitious procurement plans just got bigger. With a budget of $24
No Formal Inquiry Into VVIP Helicopter Bribery Allegations, Says Indian Defense Minister

November 30, 2012 @ 12:00 AM

The Indian Government has not ordered any inquiry into the allegations of bribery concerning the purchase of 12 VVIP helicopters in the absence of specific information. Augusta Westland was awarded the contract valued at 556 million Euros with deliveries expected to begin in 2013
Top U.S, Russian Military Officers Lose Jobs Over Sex Scandal

November 22, 2012 @ 12:00 AM

The U.S and Russia may not have many things in common but the two super powers have found their respective high ranking military officials in rather embarrassing dealings this month
Taiwan To Induct To Warships From The U.S By 2015

November 5, 2012 @ 12:00 AM

Taiwan’s defence minister Kao Hua-chu has announced his country’s plan to two warships from the U.S to modernise its naval force amid a perceived military threat from China
IAF Rubbishes Bribery Charge, To Go Ahead with AgustaWestland VVIP Helo Deal

November 3, 2012 @ 12:00 AM

The Indian Air Force (IAF) intends to go ahead with the purchase of 12 AgustaWestland VVIP helicopters despite the latest string of bribery and corruption allegations which have appeared in an Indian newspaper. The IAF has rubbished reports of its former pilots being involved in an alleged bribery scandal surrounding the procurement of VVIP helicopters from AgustaWestland

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