Search Results
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CBI To Continue With Finmeccanica Chopper Scam Probe
July 30, 2014 @ 11:06 AMThe Central Bureau of Investigation (CBI) said that it would go ahead with its probe into a scrapped helicopter contract with Finmeccanica on Wednesday, a day after prosecutors in Italy agreed to settle legal proceedings against the defense group. Kanchan Prasad, a spokeswoman for CBI, told Reuters the development in Italy did not affect India's probe of the deal
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Italy Drops Kickback Charges Against Finmeccanica In Indian VVIP Chopper Scam
July 30, 2014 @ 10:49 AMThe Italian Prosecutor has discontinued investigations relating to the 12 AW101 VVIP helicopter contract signed with the Indian ministry of Defense in 2010, Finmeccanica said in a press release on 29 July. “AgustaWestland together with the Prosecutor, have agreed to apply for a negligible fine, whilst confirming the appropriateness of their internal control systems and specifically their non-involvement in the misconduct alleged by the Prosecutor
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Indian Naval Multi-Role Helicopter Deal Kept on Hold
July 30, 2014 @ 09:09 AMThe procurement of 16 multi-role helicopters for Indian Navy is deferred by Indian government until the Central Bureau of Investigation (CBI) completes its probe in the AgustaWestland VVIP helicopter deal, reported the pioneer. Finmeccanica, parent company of AgustaWestland is one of the two companies in the fray
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Business to Boom For Rosoboronexport Despite US Sanctions Threat
July 24, 2014 @ 02:53 PMRosoboronexport could benefit from a growing demand for low priced arms despite the looming threat of US sanctions. The Obama administration has passed international sanctions against Kalashnikov, the Russian automatic weapons manufacturer but is yet to take a decision against Rosoboronexport which exports most of Russias ships, tanks, aircraft and other heavy weapons
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India Likely To Conclude $2.5 billion Worth Apache And Chinook Chopper Deals
July 8, 2014 @ 09:40 AMIndian M0Ds defense acquisition council is expected to approve purchase of Apache attack and Chinook heavy-lift choppers worth $2.5 billion once they meet in Delhi on July 19, according to media reports
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Rosoboronexport Accused of Employing “Middleman”
June 30, 2014 @ 02:19 PMIndias biggest military equipment supplier, Rosoboronexport of Russia could have flouted Indian rules by using the services of a “middleman”, Rosoboronservice in a Rs 21-crore chopper engine deal with the Indian Navy. The contract refers to the supply of four TV3-117 MAR engines for the Indian Navy Kamov KA-31 helicopters in 2011
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Germany Cancels Verizon Contract As US Rejects ‘No Spy’ Proposal
June 27, 2014 @ 02:44 PMThe Germany has cancelled contract with U.S
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Philippines To Get American Choppers, M4 Rifles By Year End
June 27, 2014 @ 12:06 PMPhilippines Armed Forces get 21 renewed UH1H or Huey helicopters and 50,000 American M4 rifles by year end, Defense Secretary Voltaire Gazmin said on Thursday in a report by GMA news online. Defense Undersecretary Fernando Manalo said the UHIH helicopters would cost P1
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Sikorsky Bags $1.28 Billion U.S. Helicopter Deal
June 27, 2014 @ 09:00 AMSikorsky won a $1.28 billion contract to develop a combat rescue helicopter for the U
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India To Review AgustaWestland VVIP Deal
June 3, 2014 @ 02:12 PMIndias new Defence Minister Arun Jaitley will review the AgustaWestland chopper deal, according to local media reports. The Directorate General of Acquisition will present a detailed briefing before the Defence Minister on the case where 12 AW-101 VVIP choppers were being procured for the IAF, Defence Ministry officials said Monday
Italian Navy’s First FREMM EVO Frigate Begins Construction
Northrop to Equip Australian C-130J Fleet with New Electronic Warfare System
Trump Tariffs Could Impact F-35 Global Supply Chain, Other Defense Projects
U.S. to Deploy Korea-based Patriot Missile Systems to Middle East
Lockheed Martin Faces Billions in F-35 Cuts Under U.S. Policy Shift
Americas policy of controlling F-35 usage, spares, and maintenance—combined with President Donald Trumps threats of trade wars with Europe, halted...
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...
NATO’s Intensified Exercises a Prep to Attack Russia?
Recent NATO exercises such as the BALTOPS-24, Steadfast Defender 2024 and its first-ever Basic Fighter Maneuvers exercise have been its...
Precision in the Skies: The Evolution of Loitering Munitions
Loitering munitions - drones that hover over a target and blow up near it - have become the weapon of...