Indias Ministry of Defence (MoD) has decided to delegate substantial financial powers to the Armed Forces for undertaking works for perimeter security of sensitive military installations. The decision will give powers to the three vice chiefs to spend at least Rs 800 crore (US$124
Indian Army and Defence Research and Development Organisation (DRDO) have signed a memorandum of understanding (MoU) for developing a medium-range surface to air missile (MR-SAM) that would be capable of shooting down ballistic missiles and aircraft. “The MoU indicates the commencement of development of MRSAM system in the configuration as required by the Army,” a senior Army official was quoted as saying by Press Trust of India
Korean Aerospace Industries CEO has offered to resign due to the on-going investigation charges of inflating research and development (R & D) cost of a defence project and swindling funds. The prosecution is scrutinizing the allegations that KAI Chief Executive Ha Sung-yong lobbied Cheong Wa Dae officials and lawmakers for his reappointment in May 2016
Handgun manufacturer GLOCK has emerged the lowest bidder for the Armed Forces of the Philippines (AFP) 9mm Pistol acquisition project worth PHP1.497 billion (US$29
Indian Defense Ministry in a move to expedite defense procurement has given a free hand to the Vice Chief of Army Staff to sanction weapon purchase of up to Rs 40,000 crore ($6.2 billion) without requiring a clearance from the Defense Acquisition Council
India has test fired Quick Reaction Surface-to-Air (QRSAM) short range missile that has a capability of engaging multiple targets. The missile that has a strike range of 25 km to 30 km, was test fired along the Coast of Odisha, Press Trust of India reported Monday
Russias Kaspersky Lab has offered US government to inspect the companys source code to keep away the distrust over its anti-virus and other cyber products. The chief executive of Russia's Kaspersky Lab was quoted as saying by various media that he's ready to have his company's source code examined by US officials to help dispel long standing doubts about his company' link to the Kremlin
A German court has allowed the defense ministrys plans to lease armed drones from Israel Aerospace Industries, dismissing the General Atomics legal challenge that the procurement was flawed. The court has cleared the way for the drone program to go ahead,
Four defense companies have responded to a Request for Information issued by Indian Navy in January to procure 57 multi-role combat aircraft for its carrier. Currently, six planes are compatible for aircraft carrier
The German defense ministrys plan to buy additional five K130 corvettes from Thyssen-Krupp Marine Systems (TKMS) will have to wait until it gets a chance to appeal antitrust decision later this week. Earlier this month, Naval Yards had lodged a complaint with the federal cartel office against the ministry for having given a contract without calling for bids