India's Cochin Shipyard (CSL) is eyeing to file documents for its initial public offering (IPO) of Rs 600 crores (US$89.6 million) with the Securities and Exchange Board of India (SEBI) by the end of this month
The Nigerian Air Force has set up its first indigenous Periodic Depot Maintenance center to take care of its aircrafts and eliminating capital flights. It says the centre would now take care of its aircrafts indigenously, and thereby eliminating capital flight
Ankaras recent closeness with Moscow and worsening relations with Washington post failed military coup might be a reason that the US has started transferring nuclear weapons stationed in Turkey to Romania. According to a report by
Airbus Helicopters has awarded a contract to Mahindra Aerostructures to make airframe parts for the AS565 MBe Panther. These parts will be produced at the Mahindra facility in Bengaluru, India
Australias Defence Science and Technology Group (DST) is partnering with industry and academia to develop a prototype robotic teaming system capable of providing autonomous perimeter and base protection capabilities for Defence. The system is an extension of Agent Oriented Software (AOS) Groups intelligent Watchdog (iWD) concept
British exit (Brexit) could slowdown collaboration and purchases across Europe. Brexit will make European countries to scale back defense spending and also prompt companies across Europe to rethink their strategic goals
State Bank of India (SBI) has been named in a 'Hall of Shame' list of 158 banking and financial institutions globally that have invested billions of dollars in companies making cluster bombs. SBI, the only Indian entity joins the list of global giants like JP Morgan, Barclays, Bank of America and Credit Suisse that invested over $28 billion in seven producers of cluster munitions between June 2012 and April 2016, PTI reported citing a report by Dutch campaign group PAX
Argentina is reportedly in negotiations with France to purchase 12 F-1 Mirage fighter aircraft and Mirage 2000 and some engines to use for 20 Argentina Pucaras aircraft that are grounded. The context of the acquisition evolved favourably due to the agreement between the two ministers to circumscribe the operation to a "state within state" to avoid intermediaries and take advantage of the new climate of trust established between the two countries
Lockheed Martin has received a $331.8 million contract from the US Army for the production of Guided Multiple Launch Rocket System (GMLRS) rockets
India has tested Smart Anti-Airfield Weapon (SAAW) from a Jaguar aircraft at the beginning of this month. "The SAAW was successfully test launched from a Jaguar aircraft towards the fag end of first quarter of May by the Aircraft and Systems Testing Establishment (ASTE) in Bangalore," TOI quoted unamed sources in the defence ministry as saying Monday