News

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
Norway To Focus On Training, Readiness With 2013 Budget Plan

October 8, 2012 @ 12:00 AM

The Norwegian government will spend $7.4 billion on defence in 2013, an increase from 2012’s $52
Poland To Modernise Defense Missile System in $3.7 Billion Project

September 26, 2012 @ 12:00 AM

Poland plans to modernise its missile defense system in a $3.7 billion project, which is expected to be completed in 2013
Poland Hikes Defense Budget For 2013

September 12, 2012 @ 12:00 AM

The Polish Ministry of Defense will augment its defense program for 2013 with a $40.22 billion budget which is about 6
South Africa’s Defense Export Contracts Fall By Half This Year

September 11, 2012 @ 12:00 AM

According to a report published by the National Conventional Arms Control Committee (NCACC), the South African government has approved the sale of military equipment worth R4.88 billion (USD $593 million) this year
India Issues New Guidelines On Forming JVs

September 4, 2012 @ 12:00 AM

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 To Buy 22 JAS Gripen Aircraft Worth $3.1 Billion

August 29, 2012 @ 12:00 AM

Switzerland has confirmed the order to purchase 22 Gripen fight aircraft from Sweden on Tuesday in a deal worth $3.1 billion

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