Romania will likely award a contract worth EUR 234 million to Germany's Rheinmetall for producing 8×8 armored vehicle 'Agilis' at Moreni, in Southern Romania. Thorsten Kutz, board member of the joint venture between the Romanian state and the German company, told in an interview with
Ukrainian state aircraft manufacturing company, UkrOboronProm and US-based Oriole Capital Group have reached an agreement for an investment of $150 million for mass production of An-74 aircraft at Kharkiv State Aircraft Manufacturing Company. The agreement was reached during the international exhibition Dubai Airshow 2017, currently held in the United Arab Emirates, the company said in a statement Monday
The UAE Armed Forces announced a deal worth US$1.63 billion awarded to the US defense firm Lockheed Martin at the on-going Dubai Airshow to upgrade its fleet of 80 F-16E/F fighter jets, Reuters report
The United Arab Emirates has closed the deal to acquire two French-made Gowind-class corvettes during France's Minister of Armed Forces, Florence Parly, visit to Abu Dhabi this week. French President Emmanuel Macron announced the deal Thursday, stating “this decision further strengthens the strategic and military partnership between France and the United Arab Emirates, and represents a new export success for France”
Intending to replace the ageing Soviet-origin T-72 tanks, India's Defense Ministry has issued a global request for information (RFI) on Wednesday for development and manufacturing of new generation, state-of-the-art tanks. As reported by
French firm MBDA has entered into global strategic partnership with Safran Australia as part of its bid for the Missile Moyen Portee (MMP) system anti-tank guided missile (ATGM) component being offered for the Australian Armys LAND 400 Ph 2 Combat Reconnaissance Vehicle (CRV) programme. According to the press release, Safran Electronics & Defense will play a key role in response to the Commonwealth of Australias Defence Industry Policy Statement to support the development of Australian sovereign industrial and strategic capability
Lockheed Martin recently delivered F-35 Full Mission Simulators (FMS) to the Israeli, Italian, Japanese and Norwegian Air Forces – the first-ever deliveries to international F-35 operators. The simulators are critical components of the pilot training capability at F-35 operating bases in these four countries, where they will facilitate pilot qualification training, continuation training and mission rehearsal training
Indias $10 billion is believed to have hit a roadblock over contentious issues of transfer of technology (ToT) and equity participation even as negotiations for buying additional Rafale jets from French Dassault are underway. The two main contenders for the deal — Lockheed Martin and SAAB — have made it clear to the Defence Ministry that they will not go in for a complete transfer of technology (ToT) with 49 per cent equity participation in the joint ventures that they have inked with their respective Indian partners Tata Advanced Defense Systems and Adani Group,
Swedish Saab and Indian Adani group joint venture is eyeing to produce a portfolio of products that include unmanned aerial vehicles, helicopters apart from supplying fighter jets to the Indian armed forces. Asish Rajvanshi, head of the Adani Groups Defence and Aerospace division, said the joint venture was focusing on developing “foundational capabilities” to produce a wide-range of products in the aerospace sector for the domestic as well as export markets, PTI reports stated Sunday
UAEs NIMR Automotive has announced partnering Malaysian DefTech and Thai to support marketing and sales of its complete range of vehicles in Southeast Asia. NIMR will also work with Thailands FICO Technology and Engineering (FTECH) to explore potential opportunities in the country