Lockheed Martin has won a $253 million contract agreement to begin work on F-15SA pilot and maintenance training systems for the Royal Saudi Air Force. The technologies will provide a comprehensive ground-based training environment for Saudi Arabia's F-15SA modernization program
China today announced a double-digit hike to its defense budget with a 10.7 percent increase for 2013-14
The Indian Defense ministry will take a long, hard look at its production and procurement policy, following the AgustaWestland scandal, to reduce arms import and maximise domestic production. “Zero import is not possible, but maximum equipment should be indigenous
The U.S and Israel today successfully tested the Arrow anti-missile system for the first time, allowing Tel Aviv defence against "threats in the regional arena" namely Iran
In what appears to be a response to the Indian bribery allegations, Finmeccanica has nominated Daniele Romiti as Chief Executive Officer of AgustaWestland N.V
Brazil and Russia are in talks to buy surface-to-air missile batteries with negotiations due to start in March. According to the Brazilian foreign ministry statement, the countries were committed to “the joint development of new defense products and to the participation of strategic Brazilian defense companies in the production processes with full, effective technology transfer
India and France have agreed to a $6 billion SR SAM deal during talks between French President Francois Hollande and Prime Minister Manmohan Singh. The SR-SAM project is a co- development joint venture between India and France and would be developed by MBDA of France and DRDO from the Indian side
The Kingdom of Saudi Arabia is considering procuring German patrol boats worth $2 billion, according to reports. Although the potential sale has drawn criticism in Germany, the federal Security Council, which includes Chancellor Angela Merkel, has issued a positive response to a preliminary request for the sale by the Bremen-based Luerssen shipyard
The Pakistani Navy will receive the P3C Orion surveillance aircraft from U.S
The Taiwanese Military has announced the development of an offensive surface-to-surface missile, codenamed Cloud Peak or ‘Yunfeng that could cover southern and central Chinese regions, including Shanghai. The missile, with a 1,200-kilometer range is outfitted with a ramjet engine capable of speeds of Mach 3 or higher