France on Tuesday has transferred more than 1 billion euros to Russia in compensation for non-delivery of Mistral-class amphibious assault ships. “All financial issues concerning the Mistral helicopter-carriers, which France refused to deliver to Russia, have now been settled in full,” Interfax quoted a military-diplomatic source as saying on Tuesday
Bell Boeing was awarded a US Navy contract today for five Bell Boeing V-22 Osprey tilt-rotor aircraft for Japan. This marks the first sale of the aircraft through the U
Japan is looking to become part of NATO missile building consortium that oversees development and shares the costs of the SeaSparrow missile. The ship-borne weapon, developed by US firms Raytheon and General Dynamics, is designed to destroy anti-ship sea-skimming missiles and attack aircraft
Japan will hold international cyber conference on November 7 that is focused on mechanisms of international cooperation in countering hacker attacks. The conference held at the nations Okinawa city will discuss on cyber communication, cyber security and cybercrime About 300 politicians, businessmen and scientists from various countries are expected to participate in the Cyber3 conference
Japan plans to establish a new agency for defense equipment, including all processes from development and procurement to final disposal by October this year. The agency will be provisionally called the Acquisition, Technology and Logistics Agency and is expected to be a powerful entity that will control nearly a third of the country's defense budget, Nekkei reported Tuesday
Japan signed a deal with the Philippines for the sale of 10 patrol boats and is to launch talks to export the P-3C reconnaissance aircraft and other military hardware, various media reported The deal signed on Thursday for 10 patrol vessels is aimed to make more active patrols around South China Sea islands that are claimed by both the Philippines and China. The export of other Japanese hardware, under an agreement signed by Abe and visiting Philippine President Benigno Aquino III, includes anti-submarine reconnaissance aircraft and radar technology
China is developing submarines powered by a lithium-ion battery propulsion system as they offer higher energy density and longer dive times than old diesel submarines. Chinese researchers see them as the "wave of the future," Andrew Erickson, a professor at the Naval War College in Newport, Rhode Island was quoted as saying by Diplomat, Tokyo-based news magazine on May 28
France is unlikely to commission the two Mistral-class amphibious assault ships (Vladivostok and Sevastopol) to Russia but will instead look for international buyers after refunding Moscow for the cost of the ships. India, China and Brazil have been cited as possible buyers for the two ships
Moscow has welcomed French President François Hollandes statement that his government will reimburse Russia if negotiations fail between the two nations over delivery of two Mistral Warships; Ria Novosti reported today quoting a diplomatic source as saying. "If the boats are not delivered, then I don't see how they could be paid for," Hollande told journalists after meeting with Ukrainian President Petro Poroshenko on Wednesday
Japanese first of 13 F-2B fighter aircraft which suffered damage due to 2011 Tsunami completed repairs, IHS Janes reported Tuesday. The Japanese Air Self Defense Force (JASDF) rolled out the overhauled F-2B fighter aircraft in a ceremony to mark to the completion of repairs by Mitsubishi Heavy Industries (MHI) and Lockheed Martin held at MHI's Komaki South Plant