The Air Force expects to invest over $230 billion to operate, maintain, modernize, and recapitalize its tactical air forces during fiscal years 2011 through 2015. This makes up nearly 70 percent of the Department of Defense's (DOD) total expected tactical aircraft investment over that time
Underpinning the growing importance of support and services to its business portfolio, BAE Systems has today announced a new £8.3M contract to continue support of Hawk jet trainers at the NATO Flying Training programme based in Canada (NFTC)
The U.S
GE Aviation has been awarded a three-year (2011-2013), $576 million Performance Based Logistics (PBL) contract from the U.S
Lockheed Martin, which is fielding its single engine F-16 in the Indian MMRCA competition,is of the view that the RFP for the tender actually favours single engine fighters due to its emphasis on life cycle costs. As the life cycle costs of a single engine fighter are substantially lower than that of twin engine fighter, the former will have a clear edge over the latter in technical evaluation, said Orville Prinz, VP Business Development, India of Lockheed Martin
Indian defense equipment exports have fallen to a "laughable" level, according to retired Maj. Gen
The maiden test flight of the upgraded for India MiG-29UPG took place at Zhukovsky airfield near Moscow on February 4, 2010. RAC "MiG" has successfully performed upgrade of MiG-29 fighter to MiG-29UPG version for the Indian Air Force
The American Chamber of Commerce in India (AmCham) is pursuing further evolution of the Indian defence offsets policy. While largely welcoming the Defence Procurement Policy (DPP) 2011, it would like to see offset multipliers and transfer of technology included in the next review of the policy
Defence and security company Saab has received an order for weapon locating system ARTHUR from LIG Nex1 which is the prime contractor towards Defence Acquisition Program Administration, Republic of Korea. The order is worth MSEK 450
VT Group today announced that its integrated solutions business unit, VT Milcom, was awarded a contract for installation and operational certification of Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) systems by the Space and Naval Warfare Systems Command. Under the terms of the contract, VT Milcom will provide installation and technical services onboard surface ships, submarines and shore stations located worldwide