Over 100 investigators raided premises of the Korean Aerospace Industries (KAI) today looking for evidence to prove charges of inflating research and development (R & D) cost of a defence project and swindling funds. The Seoul Central District Prosecutors Office conducted the raid on the headquarters of KAI, located in Sacheon, South Gyeongsang Province, and its Seoul branch to seize materials for evidence such as hard disks and documents
Ukraines state-run UkrOboronProm in collaboration with American company Delphi Corporation have founded a new enterprise ‘Electric Systems. With a 10 MEUR investment, the new enterprise is expected to create nearly 2 thousand new jobs and market wage rates, the company said in a press release Wednesday
Indian Army has received the first batch of 7,500 ballistic helmets to protect its infantry soldiers for the first time in 25 years. The first batch has arrived at the ordnance depots, whereas a second batch of 30,000 helmets is expected by 2017 end
Thailands security commission has approved a reform plan aimed at improving the government's intelligence work by consolidating work of a network of 27 agencies. The security commission led by Deputy Prime Minister Prawit Wongsuwon has also approved a plan to create an app to decode encrypted information classified as confidential and related to national security, The Bangkok Post reported citing a statement made by National Security Council secretary-general Thawip Netniyom Wednesday
Almaz-Antey Group will showcase missile defense systems at the MAKS-2017 international airshow in Zhukovsky outside Moscow on July 18-23, the companys press office reported on Wednesday. Specifically, Almaz-Antey plans to showcase the full-scale models of the most advanced Tor-M2DT Arctic short-range air defense missile systems combat vehicle, the launcher of the S-400 Triumf surface-to-air missile complex, the self-propelled fire unit of the Buk-M2E medium-range air defense system with a container-type training simulator, antiaircraft missiles for the S-400 Triumf air defense complex, the Tor-M2E system and other military hardware items, the press office reported
China has dispatched its Peoples Liberation Armys troops to Djibouti in Africa to operationalize its first overseas naval base. A step seen as boosting its military influence and complement its growing arms sales in the region
The US officials briefed German military on the F-35 fighter jets to this week. Berlin had requested for a classified briefing on the aircraft in May
Lockheed Martin has won $288 million contract to modernize U.S
Australian Department of Defense has set up a secure facility in Cherbourg, France together with Naval Group (formerly DCNS) and Lockheed Martin Australia which will house Submarine designers, naval architects and engineers who will work alongside each other on Australia's Future Submarine Program. More than 50 Australians will join Naval Group and Lockheed Martin Australia employees to progress the important work of developing a mature design of the Future Submarine
Australian Air Force is likely to collaborate on the development of the AN/ALQ-249 Next Generation Jammer Mid-band program with assistance from the Airborne Electronic Attack (AEA) Systems and EA-6B Program Office (PMA-234) and the Navy International Programs Office (Navy IPO). The allies joined mid-June for a Cooperative Partnership week, during which the RAAF had an opportunity to gain insight into the current status of the NGJ-MB program, in anticipation of formally entering a cooperative project later this year, RAAF said in a statement