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
Airbus Helicopters has been selected by Ascent as the Aircraft Service Provider for the UKs Military Flying Training System (UKMFTS). The contract, worth £500 million over 17 years, will see Airbus Helicopters deliver aircraft and an integrated support solution over the course of 18 months, ready to start training in April 2018
The US Navy awarded a contract modification to General Dynamics Mission Systems to build and deliver more than 30 new AN/USC-61(C) Digital Modular Radios (DMR) for new surface vessels and submarines. The software-defined radios are a mission critical communications hub for Navy vessels and submarines
Russia and China will conduct a first joint computer enabled command and staff exercise on anti-missile defense in May. "In May, according to the decision of the Heads of military departments of the Russian Federation and the Peoples Republic of China, it is planned to conduct the first joint computer command-and-staff exercise on antimissile defence Aerospace security – 2016 on the basis of the Central scientific research institute of the Aerospace defence troops," the Russian defense ministry said in a
Rheinmetall AG has won a contract from the Bundeswehr worth €20 million to supply the German Army Combat Training Centre, or GÜZ, with a new generation laser duel simulators for staging combat training exercises. Known in Bundeswehr parlance as the AGDUS HdWa (Ausbildungsgerät Duellsimulator Handwaffen - “Training Device, Duel Simulator, Small Arms”), this laser- and wireless-supported duel simulation system is based on the Rheinmetall LEGATUS family of products
Raytheon has been awarded a $104 million contract from the US Navy's Naval Supply Systems Command (NAVSUP) to conduct operations and maintenance for the Relocatable Over-the-Horizon Radar (ROTHR) program. ROTHR is long-range surveillance radar used by the US government in counter narco-terrorism operations
Harris Corporation has been selected to provide an integrated battlespace communication system for the Australian Defence Force. Harris was selected by the Commonwealth of Australia for the Land 2072 Phase 3 program, which is a critical part of the Australian Armys Networked Digitization Plan