News

Israel To Supply Long-Range Missile Defence Systems For Indian Navy's Four Ships

May 22, 2017 @ 01:58 PM

Israel Aerospace Industries (IAI) has won an additional $630 million contract to supply long-range surface-to-air missile (LRSAM) defense systems for four ships of the Indian navy. The contract will be carried out for the first time with Indias Bharat Electronics (BEL), which functions as the main contractor in the project as part of Indias “Make in India” policy, various media reported Sunday
Indian Private Sector Allowed To Manufacture Fighter Aircraft, Submarines, Armored Vehicles

May 20, 2017 @ 07:10 PM

The Indian Defence Acquisition Council (DAC) today finalised the broad contours of a policy aimed at engaging the Indian private sector in the manufacture of high-tech defence equipment in India. Under the policy, Indian industry partners would tie up with global OEMs to seek technology transfers and manufacturing know-how to set up domestic manufacturing infrastructure and supply chains
Indonesia To Target Airbus, Thales If EU Cuts Palm Oil Imports

May 20, 2017 @ 10:41 AM

Indonesia could target Airbus and Thales if the European Parliament acts on a resolution to reduce the use of palm oil of which the South East Asian nation is the world's largest producer. A recent European Parliament resolution seeks to reduce the use of palm oil for environmental reasons following a string of campaigns conducted by European NGOs which suggest that palm oil substances are detrimental to human health
Canada Threatens To Dump Boeing 'Military Equipment' Over US Anti-dumping Probe Into...

May 19, 2017 @ 04:46 PM

Canada has cautioned Thursday of cancelling a planned US$2 billion purchase of 18 Super Hornet fighter jets in the wake of anti-dumping investigations initiated by US Department of Commerce against Bombardier. Foreign Minister Chrystia Freeland issued the threat about Boeing's complaint against Bombardier
India Diverting Imported Nuclear Fuel To Make Weapons: Pakistan Claims

May 19, 2017 @ 01:45 PM

Pakistan alleged India of diverting imported nuclear materials acquired under Nuclear Suppliers Group (NSG) waiver to make weapons. “Pakistan has been underscoring for decades the risks of diversion by India of imported nuclear fuel, equipment and technology, received pursuant to civil nuclear cooperation agreements and the 2008 Nuclear Suppliers Group (NSG) waiver,” Pakistan Foreign Office spokesman Nafees Zakaria told reporters Friday
Code of Conduct To Prevent Clashes Between China, ASEAN In South China...

May 19, 2017 @ 12:30 PM

China and the 10 other countries in the Association of Southeast Asia Nations have agreed on the outline of a legally binding code of conduct designed to prevent clashes in the strategic South China Sea. The agreement laid a "solid foundation" for further negotiations, Chinese Vice Foreign Minister Liu Zhenmin was quoted as saying by various Chinese media Thursday
Saudi Arabia Plans To Locally Produce 16000 Defense Items By 2020

May 19, 2017 @ 11:16 AM

Saudi Arabia plans to produce 16000 items for its armed forces locally by 2020. The long-term goal would be to focus on producing at least 50 percent of critical items used by the armed forces by 2030, Maj
Lockheed Martin Wins $112M Field Support Services Contract For THAAD Missile System

May 19, 2017 @ 09:37 AM

Lockheed Martin has received a potential $112 million contract modification from the US Missile Defense Agency (MDA) to continue to provide field support services for the Terminal High Altitude Area Defense system (THAAD). The modification increases the contracts total value from $449 million to $561
US Navy’s Third Ford-class Nuclear Powered Supercarrier To Get Advanced Arresting Gear...

May 19, 2017 @ 09:28 AM

General Atomics will manufacture and install an advanced arresting gear for the third next-generation Gerald Ford-class aircraft carrier (CVN 80) under a $195 million contract. The advanced arresting gear is the Electromagnetic Aircraft Launch System (EMALS)
Lockheed Martin To Continue Support For US Navy’s Surface Ship Undersea Warfare...

May 19, 2017 @ 09:16 AM

Lockheed Martin has been awarded a $33 million contract to continue support for the development of the US Navys Surface Ship Undersea Warfare Systems. “Lockheed Martin Rotary and Mission Systems, Manassas, Virginia, is being awarded a $33,687,911 cost-plus-incentive-fee and cost-only modification to a previously-awarded contract (N00024-13-C-5225) to exercise options for engineering services supporting the continued development, integration and production of the Navys AN/SQQ-89A(V)15 Surface Ship Undersea Warfare Systems,” the US Department of Defense announced Thursday

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