India is likely to shut the AgustaWestland chopper bribery case due to lack of evidence after recovering INR 2,400 crore (US $377 million) deposited as bank guarantee in Italy and India. The Central Bureau of Investigation (CBI) has not made any headway in the scam investigation that involves former Indian Air Force (IAF) Chief SP Tyagi, his cousins and former top executives of Finmeccanica, the parent company of AgustaWestland
Russia will start building a new aircraft carrier for its Navy after 2025, a Russian Military official said Monday. “Work for creating an aircraft carrier has never stopped
US based Firearms manufacturer Colt has filed for bankruptcy after it failed to garner support of bondholders for a debt reshaping agreement, the company said in a statement last Sunday. "Colt plans to try to reduce its $355 million debt burden via a court-supervised auction of its business, to generate proceeds to repay some of its lenders," Wall Street Journal reported Monday, 15, June 2015
Airbus Helicopters announced today that it has delivered the first retrofitted H135s choppers to the Bavarian Police in Germany. The H135s, currently showcased at the ongoing Paris Airshow is upgraded to retrofit package that significantly improves the operating performance and the handling qualities retaining the payload lift capabilities of this lightweight twin-engine rotorcraft
Airbus Helicopters will be showcasing its latest combat, search and rescue and tactical transport helicopters at Paris Air Show 2015, the company said in a statement today. Airbus helicopters will display H160 rotorcraft that has distinctive Blue Edge blades, canted Fenestron and biplane stabilizer TM
CybAero which designs and manufactures remotely operated choppers as completed tests of its remotely piloted helicopter systems to be supplied to China Customs for use from its new ships. The tests were performed with the Chinese shipyard that builds the ships for the end user
The Indian defence ministry has cleared more than $3.1 billion worth two deals to buy US-built attack and heavy-lift helicopters for equipping the Indian Air Force, Hindustan Times reported Tuesday
The delivery of the Russian S-300 anti-aircraft missiles to Iran will take place ‘quite soon, Iranian deputy foreign minister Hossein Amir-Abdollahian said on Monday. "The negotiations on the subject have ended in success
Russia is expecting a formal notification from the Indian government on its decision to launch Ka-226T cargo-transport helicopter project at the earliest, Sputnik reported Thursday. We expect 200 aircraft to be manufactured in the initial phase, a formal notification from the Indian side is expected in the near future,” Alexander Mikheev, Russian Helicopters CEO was quoted as saying by the news website
Saudi Arabia will be buying 10 Sikorsky SeaHawk MH60R multi-mission helicopters equipped with Advanced Precision Kill Weapon System (APKWS) and Hellfire II missiles from US for $1.9 billion