In testimony to the U.S
President Dmitri Medvedev says Russia's armed forces must be modernized in response to local crises, international terrorism, and attempts to expand NATO infrastructure near the borders of Russia. Speaking at a meeting of senior Defense Ministry officials in Moscow, the Russian leader stressed the importance of re-arming troops with the latest armaments
NEWTOWN, Conn. --- Despite the sharp decline in oil prices from highs of $150 per barrel in July 2008 down to less than $40 per barrel in the first weeks of 2009, the Middle East will continue as a strong area of opportunity for defense producers
Russia could lease 'several' 'Shchuka-B' class nuclear attack submarines to India in coming years though the delivery of the first of the two nuke subs reportedly contracted by India is far behind schedule.>> The Russian offer comes as Indian Navy has formulated a 20 year plan to produce indigenously 24 conventional submarines
BAIKONUR COSMODROME, Kazakhstan --- International Launch Services (ILS), a world leader in providing mission and launch services to the commercial satellite industry, successfully carried the Ciel II satellite into space for the Ciel Satellite Group of Canada today on Russias premier heavy-lift launch vehicle, the Proton Breeze M.>> This was the sixth launch of the year, and 49th overall, for ILS
JAKARTA --- Sukhoi Civil Aircraft Company (SCAC) and Kartika Airlines have signed the Heads of Agreement for 15 Sukhoi Superjet 100s and another 15 optional aircraft. The order is valued at $448 million at list prices
JSC Scientific-production corporation Irkut was recognized as the best enterprise of Russian defense industry. Oleg Demchenko, Irkut President, was presented with the Company of 2008 national prize in the nomination Engineering – Defense on December 2, 2008 in Moscow
MOSCOW --- The latest development in the saga that has been the modernization of the Admiral Gorshkov for the Indian Navy, Russian naval and defense industry officials have indicated that Russia may acquire the vessel if India is unwilling to provide the $2 billion needed to finance the extensive retrofit.>> On November 13, Deputy General-Director of Sevmash (Severodvinsk Machine Building Enterprise) Sergey Novoselov told RIA Novosti new agency that, "On the market, the price of an aircraft carrier like that varies from three to four billion dollars
>UTAir will become the first customer for Russian-assembled AgustaWestland AW139 civil helicopters. (AgustaWestland photo)MOSCOW--- Oboronprom Corporation and AgustaWestland, a Finmeccanica company, are pleased to announce they have signed an agreement for the establishment of a 50-50 joint venture company in Russia to set up and run a civil AW139 helicopter Final Assembly Line, for which the approval of the Russian Government is being sought, as required under the Strategic Enterprises Law
BAIKONUR COSMODROME, Kazakhstan --- A Proton Breeze M launch vehicle successfully lifted the ASTRA 1M satellite into orbit today, marking the fifth mission of the year for International Launch Services (ILS).>> The Proton vehicle lifted off from Pad 39 at the cosmodrome at 2:44 a