Russias small-arms holding Kalashnikov Concern is in negotiations with Italy's Beretta on the establishment of joint ventures in Russia, a senior government official was quoted as saying by RIA Novosti. The on-going talks on the joint venture is to manufacture hunting and sporting weapons
A Russian official accused of embezzlement is now the victim of a con herself. Yevgenia Vasilyeva, former head of the Defense Ministrys property management administration, known as Oboronservis spent millions on what she thought were world class art pieces turned out to be nothing but cheap fakes
Following Russia's announcement of potential Su-35 sale to China, Defenseworld.net compares India's Super Sukhois with the expected Chinese Su-35
Russia will postpone the supply of 12 MiG-29M/M2 jets and the S-300 missile systems to Syria until 2016-2017 due to failed payments, according to the Kommersant newspaper. Initially six of 12 MiGs were expected to be shipped to Syria by the end of this year
As the U.S
Almaz-Antei corporation will showcase for the first time its newest S-350E Vityaz mid-range air defense system at the upcoming MAKS-2013 air show near Moscow. The Vityaz, which is expected to replace the outdated S-300 systems, is superior to similar foreign models, according to the company statement
Russia could sign a deal to purchase MiG-35 fighter jets by next week, while first deliveries to begin in 2015-2016. The contract could be signed at Moscows MAKS International Aviation and Space show, which will run from August 27 through September 1, Trade and Industry Minister Denis Manturov was quoted as saying by RIA Novosti
Russian Helicopters will present the new medium multirole Mi-171A2 at the MAKS 2013 show, which starts on August 27 in the Moscow Region town of Zhukovsky. The Mi-171A2 is one of the most eagerly anticipated new models of the Russian aviation industry
Russias Deputy Defense Minister Yury Borisov announced this week that the plan to procure 35 AW139 helicopters from AgustaWestland has been cancelled only a week before the MAKS Air Show is to begin. The defense ministry considers the helicopters too expensive at $700 million, Itar-Tass reported
The Syrian government has a new problem on its hands, besides its on-going two year long conflict with homegrown rebel forces, a debilitating currency is threatening to create financial crisis. Taking advantage of the falling Syrian pound, Russia has taken to expecting hard currency for defense purchases