Finmeccanica plans to restore ties with India after an Italian court acquitted former CEO Giuseppe Orsi and former CEO of AgustaWestland Bruno Spagnolini of alleged bribery charges. “The verdict will allow us to reopen dialogue with Indian institutions, which was interrupted as a result of the investigations linked to supply of 12 AW101 VVIP helicopters to the Indian MoD,” the CEO and General Manager of Finmeccanica Mauro Moretti said in a statement
Former CEO of Finmeccanica, Giuseppe Orsi and former CEO of AgustaWestland Bruno Spagnolini have been sentenced to two years in prison in the Indian VVIP helicopter deal scam. The duo have been found guilty of false invoicing and have been acquitted of alleged bribery charges
General Dynamics Fidelis Cybersecurity Solutions announced it is using Carbon Black as a key component of its incident response solution to help customers rapidly detect and remediate data breaches. Bit9® + Carbon Black® is the leader in endpoint threat prevention, detection and response
Goa Shipyard Limited today said it has supplied naval equipment to countries such as Myanmar and Mauritius and is pursuing orders from other friendly foreign nations. "Contracts for two Fast Patrol Vessels for Mauritius Coast Guard have been signed along with a contract with its Government for supply of 11 Fast Interceptor Boats for their Coast Guard
Exelis and Airbus Defence and Space have agreed to offer users of ENVI image analysis software seamless access to the Airbus Defence and Space catalog of geospatial imagery. With easy access to the worldwide Airbus Defence and Space archive, ENVI users will save time on mission and project planning with the ability to discover needed data and preview images without leaving the ENVI environment
Russian aircraft manufacturer, RAC MiG expects to sign a repair and modernization of a second batch of MiG-29 Fulcrum fighter jets contract with the Peruvian Air Force this year, Forecast International reported. In August 2008, the Peruvian Defense Ministry awarded a contract worth $106 million to RAC MiG for upgrades to eight of the MiG-29s in inventory
MTC Industries and Research announced today that it will present its unique mortar and rocket steering unit during the Association of the United States Army (AUSA) 2014 Annual Meeting at Washington D.C from October 13-15
BAE Systems has successfully completed its acquisition of Signal Innovations Group, Inc. (SIG), a provider of imaging technologies and analytics to the U
CAE announced today that it has won a series of contracts valued at approximately C$115 million to provide a range of training systems and services for global defence and security customers. These include contracts to continue providing MQ-1 Predator/MQ-9 Reaper aircrew training to the United States Air Force , a contract to update the Royal Canadian Air Force's CP-140 simulator, and a contract to design and manufacture a UH-72A flight training device for the United States Army
India is reportedly preparing the wheeled-version of the indigenous unmanned aerial vehicle (UAV) Nishant for its maiden flight, according to local media reports. The Panchi UAV will reportedly be capable of taking off and landing from semi-prepared runways, thereby reducing the turnaround time between missions