The Indian Government has introduced detailed guidelines on for forming joint ventures for Defence Public Sector Undertakings (DPSUs). This comes after private shipyards in the country raised objections after the initial selection of joint venture (JV) partner by Mazagon Dock Limited (MDL)
Switzerland has confirmed the order to purchase 22 Gripen fight aircraft from Sweden on Tuesday in a deal worth $3.1 billion
The Indian Minister of Defense AK Antony informed the parliament on Monday that the Air Force will receive 75 Basic Trainer Aircraft from Pilatus between 2013 and 2015. According to the terms of the $500 million contract signed in May 2012, Pilatus will begin delivery of the aircraft and the complete training system in the fourth quarter this year
India has spent more on indigenous acquisition of defence equipment compared to imports. According to information provided by the government of India, in the year 2009-2010, the capital acquisition from indigenous sources was $4683
India's Ministry of Defense will receive $74.5 billion to spend on weapons acquisition and modernization of all three forces, according to figures revealed by Defence Minister AK Antony in Parliament
India’s Ministry of Defense is verifying reports that the U.S sold defense equipment to several countries using “faulty spare parts made in China"
The UK Ministry of Defense is preparing to outsource the procurement of military equipments to private contractors worth $21 billion a year. The announcement was made by Defense Secretary Philip Hammond to the parliament on Tuesday
Despite allegations of “manipulating” the Rafale selection, India’s Defense Ministry has cleared the evaluation process that led to the purchase of 126 French Rafale fighter aircraft. The medium multi-role combat aircraft (MMRCA) contract was awarded to the lowest bidder, Dassault, on the basis of technology transfer and lifecycle cost
Russia’s parliament has passed a bill to establish an advanced military research agency dedicated to the development of advanced weaponry and help streamline the arms procurement process in Russia. The Russian Foundation for Advanced Research Projects will mirror the U
Indonesia today announced its decision to buy 100 battle tanks from Germany after pulling out of a deal that was earlier awarded to Netherlands. The decision to cancel the $280 million contract comes after spending several months awaiting approval from the Dutch parliament