Turkey and Russia have signed a loan agreement for the purchase of S-400 Triumf anti-aircraft weapon systems, TASS reports, citing Haberturk TV channel announcement on Friday. According to Kommersant daily report on December 27, Turkey will pay 45 percent of the cost up front, with Russia providing loans to cover the remaining 55 percent of the deal worth US$2
Russia will provide loans worth US$1.375 Billion to help Turkey pay for its purchase of the S-400 surface-to-air missile defence system
South Korea and United Arab Emirates are in discussions to carry out a test of Korean-built missile interception system at a site in the Middle Eastern country, to bolster a military cooperation project between the countries. The Seoul newspaper
Indias Defense Research and Development Organization (DRDO) has successfully test fired a Quick Reaction Surface-to-air Missile (QRSAM) off the coast of Odisha. The short-range weapon system was fired from a canister mounted on a rotatable truck-based launch platform at the Launching Complex-I (LC-I) of the Integrated Test Range (ITR) at Chandipur-on-sea at about 2
Russia has completed negotiations with Turkey for the sale of an S-400 air defense missile system, and has agreed to grant loan for the purchase. "All the issues have been resolved and I discussed this theme while literally entering this hall
Elbit Systems Ltd has been awarded a follow-on $46 million contract to supply additional J-Music DIRCM (Direct Infrared Countermeasures) self-protection systems to NATO, for its Airbus A330 Multinational Multi-Role Tanker Transport Fleet (MMF) Program. Similar to several previous awards from global air forces and other customers, Elbit Systems will equip NATO's Airbus A330 tankers with the J-Music DIRCM systems along with the Company's Infra-Red-based Passive Airborne Warning Systems (PAWS IR)
Saab acquired Swedish combat boat producer N. Sundin Dockstavarvet AB and the repair shipyard Muskövarvet AB, in order to strengthen Saabs product offering in the naval domain
Lockheed Martin was awarded a $945 million modification contract for the initial Fiscal 2018 PATRIOT Advanced Capability-3 (PAC-3) production option exercise, including 54 US Missile Segment Enhancement (MSE) missiles, 24 Qatar MSE missiles, 130 Kingdom of Saudi Arabia Cost Reduction Initiative (CRI) missiles and associated ground support equipment. Work is expected to be completed by Jan
The Finnish Defence Forces' Logistics Command received a mandate to sign a contract with Patria Systems Ltd. for the upgrade of the Hamina-class fast attack missile crafts (FAC)
The Finnish Defense Minister Jussi Niinistö has approved contracts worth $276 million (EUR 223 million) to upgrade Hamina-class fast attack missile crafts. As part of upgrade, a torpedo weapon system will be procured from Saab