Indonesian Defense Minister Ryamizard Ryacudu today announced that his government will increase defense spending up to 1.5 percent of the state budget
EaglePicher Technologies has won a $22 million in funding under the Defense Production Act Title III Program ("DPA Title III") for Phase II of the Lithium-Ion Battery for Military Applications (LIMA) project. The program goal assures the affordable production of critical items deemed essential for national defense, alleviating concerns regarding market volatility and uncertainty within the current international market for Li-Ion
Rheinmetall is displaying a number of new combat systems recently delivered to the Indonesian Army at the Indo Defence 2014. Rheinmetall delivered 103 thoroughly overhauled and modernized Leopard 2 main battle tanks along with 42 Marder 1A3 infantry fighting vehicles and 11 various armoured recovery and engineering vehicles to the Indonesian Army
DCNS may have unwittingly given Russia cause to sue the French company over the non-delivery Mistral-class helicopter carrier after its Project Director wrote a letter inviting the Russian Navy to take delivery of the ship. Yves Destefanis, the project director responsible for delivering Mistral helicopter carrier to Russia was sacked on Thursday after contents of the letter became public
DCNS has terminated Yves Destefanis, the project director responsible for delivering Mistral helicopter carrier to Russia on Thursday after the confusion created by letter inviting Moscow to take delivery of the first of two Mistral ships in mid-November, local media reported. Herve Guillou, CEO of DCNS relieved Destefanis of his duties after French Finance Minister Michel Sapin announced that conditions for the handover of the ship had not been met
Boeing and six Danish defense companies signed agreements to jointly pursue a range of business opportunities in defense and aerospace-related manufacturing, maintenance, software and simulation integration, and other areas Friday. The agreements with Danish Aerotech, Falck Schmidt Defence Systems, IFAD, Multicut, Systematic and Terma are key elements of Boeings industrial plan related to its F/A-18 Super Hornet offering to Denmark
Sikorsky Aircraft has threatened to pull out of the Polands multi-purpose helicopter acquisition program unless its conditions are changed, Local Media reported Thursday. In a letter sent to President Bronislaw Komorowski, the CEO of Sikorsky Aircraft Corporation (SAC) Mick Maurer claimed that the tender announcement was made in such a way that only one of the participating companies could fulfil the conditions
Israeli defense minister Moshe Yaalon has announced the scrapping of a multi-billion-dollar arms deal which includes the procurement of six V-22 Osprey aircraft from the US, local media reported Thursday. The decision to scrap the deal signed last year was taken after Yaalon was reportedly shunned by Washington officials during his visit to the US
The Malaysian Government wants to procure aerostat systems to enhance maritime security over the contested Sabah territory of the island of Borneo. Malaysian Bintang Kencana signed a memorandum of understanding (MoU) with Tcom to provide Malaysian Government with aerostat systems for maritime domain awareness, according to an official statement
The French Air Force evaluated a new version of the Dassault Rafale fighter designated as the F3.4 plus with improved software and safety features