Novikombank, the base bank for the Russian industry, has granted a 20 million euro worth loan to the Irkut Corp to finance the execution of an export contract for the delivery of new aviation equipment. This agreement has become the first step towards promising cooperation between the parties, Rostec announced during January last week
JSC Irkut Corporation recorded revenues of $1billion during 9 months of 2014. There was a slight decrease in revenue compared to the same period in 2013, owing to the fact that a large part of deliveries within the aircraft production program 2014 were carried out in the 4th quarter
ATK announced today that it has been awarded multiple contract awards with the U.S
Airbus announced Tuesday plans to sell several subsidiaries from its defence division to focus on its core businesses of space activities, military planes and missiles, according to media reports. "Some business areas are identified as divestment candidates as they do not fit the strategic goals," the company said in a statement, citing budget troubles among key state clients
With the success of Indo-Russian defence projects such as BrahMos and the production of the SU-30MKI jets, Russia intends to use the success as a model for joint development with Brazil and South Africa within BRICS. Anatoly Isaykin, general director of Rosoboronexport last week said that negotiations between Russia, Brazil and South Africa on the joint development of weapons and military equipment within the framework of BRICS should be held by the end of this year
Northrop Grumman has been awarded a contract valued at up to $300 million to continue helping U.S
Northrop Grumman has been awarded a$238 million modification to a previously awarded firm-fixed-price contract from the U.S
The US Army has awarded Smiths Detection a $20 million contract for additional portable chemical detectors to be produced and delivered. The contract comes under the U
Rolls-Royce has been awarded a Contractor Logistics Support (CLS) contract valued at over $100m by the US Department of Defense to provide continued support for the F405 (Adour) engines that power the US Navy's T-45 training aircraft. The follow-on, one-year contract will continue the successful support which has provided the US Navy's training fleet with guaranteed availability over the past ten years
Northrop Grumman received back-to-back contracts from the Pentagon this week valued at $141.8 million in total
MKU is participating in the MSME Defexpo 2013 to explore opportunities in the Indian market for sales and partnerships. MKU booth showcases body armour solutions which was witnessed by Sh K
DynCorp International (DI) has won a subcontract to provide contractor logistics support in Afghanistan, as part of the Multi Sensor Aerial Intelligence Surveillance Reconnaissance (MAISR) Operations and Sustainment program. The subcontract has a one-year base period with a one-year option, with a total contract value of up to $86
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