Lockheed Martin's F-35 program, the costliest fighter aircraft in the world, just got a little less expensive. The U
Rosoboronexport has won contracts worth $5 billion this year, according to a statement. The multi-billion dollar contract include a $2
In a deal worth several millions of dollars, Rheinmetall has been given a nod by the German government to sell 164 tanks to Indonesia, after the Dutch parliament rejected the similar request over human rights concerns. After this deal, Indonesia joins the contentious new export list along with Saudi Arabia, Qatar and the United Arab Emirates
Turkey recently announced nearing the final round of contract negotiations worth $3.5 billion with Sikorsky Aircraft for the co-production of scores of utility helicopters
In an effort to increase its anti-ship missile capabilities, MBDA plans on reaching out to Middle East nations in the coming months for a potential partnership. In 2012, Antonio Perfetti, managing director of the MBDA's Italian branch and executive group director sales and business development, said that a Middle Eastern country is interested in the joint development of a Marte ER (extended range) version
The Russian Defense Ministry on Tuesday has announced that it has issued a tender for the modernization of BMD-1 airborne fighting vehicles which will cost approximately $100 million. According to the state procurements agency, some 145 vehicles will be upgraded to BMD-2 this year and another 67 next year with the starting price of the upgrades estimated at 16 million rubles per vehicle
South Korea on Wednesday said it had agreed to buy a fleet of U.S
Buenos Aires , March 31: The Peruvian defence ministry is likely to buy 24 Russian Mil Mi-171 (Hip) helicopters worth $406.8 million to use them in the fight against drug trafficking and terrorists, reports from Buenos Aires said
Helicopter procurement programs worth billions of dollars could be delayed or altogether cancelled in India following the AgustaWestland VVIP chopper bribery scandal which is being investigated in Italy and India. India has already put further payments and delivery of the AW101 helicopters on hold till the pendency of an investigation by its Central Bureau of Investigation (CBI) which has found grounds to charge the former chief of the Indian Air Force, S
The Indian Ministry of Defense on Thursday got a 14 per cent budget hike (about $37.45 billion approximately) for 2013-14 with a promise from Finance Minister P Chidambaram to provide any additional fund required for national security