The armys air defence (AAD) wing is undergoing a long awaited modernisation by acquiring six batterys of Aakash surface to air missiles (SAM) and modernizing older Russian origin SAMs. Defence Minister Manohar Parrikar is likely handed over the Akash missiles at a ceremony later this month
Falling oil prices have not deterred Middle East countries from spending on defense procurement. UAE announced AED 18
India might consider acquiring four warships from Russias Yantar shipyard, which has built six frigates for the Indian Navy, Ria Novosti quoted the Shipyards chief Oleg Shumakov as saying on Wednesday. "We will explore the possibility of new orders to build [vessels] for the Indian fleet
General Dynamics team announced today that it has won US Armys $415 million Live Training Transformation (LT2) Consolidated Product-line Management (CPM) Next contract. The original CPM program contract was awarded in 2009 by the Program Executive Office for Simulation, Training and Instrumentation (PEO STRI) Program Manager for Training Devices (PM TRADE)
BAE Systems has won an £859m ($1.3 billion) initial development contract to build the next generation of Type 26 Global Combat Ship for the British navy
GE Aviation is expecting certification of the F414 engine for the Light Combat Aircraft (LCA) Mark II fighter by this year-end, Mr Nalin Jain, CEO of GE Transportation and Aviation told Defenseworld.net
France has closed a €5.2 billion ($5
Irans drones will now be equipped with high precision smart missiles travelling at supersonic speed, Fars news agency reported today. “The new drones are capable of destroying different types of aircraft that include fighter jets, drones and helicopters,” Deputy Defense Minister Brigadier General Amir Hatami was quoted as saying by Fars
The French President Francois Hollande confirmed the conclusion of the first contract of sale of 24 Rafale fighter aircraft to Egypt, which will be signed on February 16, the Elysee Palace said in a statement Thursday. "The Egyptian authorities have let me know today of their intention to acquire 24 Rafale combat aircraft and a multi-mission frigate and associated equipment
Indias Mahindra group is planning to acquire 30% stake in Pipavav Defense as it plans to make a foray into defense sector. Pipavav is Indias largest shipyard in the private sector