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Admiral Lanba Takes Over As New Indian Navy Chief

June 1, 2016 @ 02:30 PM

Vice Admiral Sunil Lanba has taken over as Indian Navy Chief on Tuesday, as Admiral RK Dhowan superannuated from service. “I am sure under his leadership, the Indian Navy will execute every task,” the ex-chief of the Naval Staff, Dhowan said

Israeli Cabinet Approves Appointment Of New Defense Minister

May 30, 2016 @ 01:55 PM

Israels Prime Minister Benjamin Netanyahu last week signed an agreement to assign the countrys Defense Minister role to the leader of the right-wing nationalist party. Under the agreement signed on May 25, ‘Israel Our Home party leader Avigdor Lieberman will become defense minister

Finland To Sell Nearly Half Of Patria To Kongsberg

May 26, 2016 @ 02:42 PM

Finnish state owned company Patria announced a plan to privatize a portion of the company by selling it to Kongsberg, a partially state-owned defense company in Norway. "The competition authorities have granted their approval concerning sale by State of Finland of 49

Real CEO loses Job in Fake CEO Scam

May 25, 2016 @ 01:25 PM

Austrian aircraft parts manufacturer FACC has fired its chief executive after 50 million euros ($55.7 million) were stolen in a scam

New Indian Navy Chief Appointed

May 6, 2016 @ 09:03 AM

Vice Admiral Sunil Lanba, who heads the Western Naval Command, has been appointed the next Indian Navy Chief. Sunil Lanba will replace Admiral RK Dhowan, who superannuates on May 31, Tribune India reported

Finmeccanica Shareholders Approve Name Change To Leonardo

April 29, 2016 @ 10:26 AM

Finmeccanica announced Thursday that the company is changing its name to ‘Leonardo S.p

Ukraine Gets New Commander For Navy

April 25, 2016 @ 03:15 PM

Lieutenant General Igor Voronchenko will be the new Commander of the Ukrainian naval forces. President of Ukraine Petro Poroshenko has appointed Voronchenko after dismissing former Navy Commander Sergei Haiduk on April 15 this year;

Florida Woman Charged For Illegal Export Of Drone Tech To Chinese Research...

April 22, 2016 @ 09:36 AM

The US Federal court has charged a Florida woman with conspiring to illegally export US underwater drone technology to a Chinese state-owned industry. A 53-year-old Amin Yu, a Chinese citizen living in the US as a permanent resident, is reportedly to have conspired from 2002 until February 2014 to obtain systems and components used in marine submersible drones along with other co-conspirators at Harbin Engineering University in China, Sputnik reported

China Sentences Computer Engineer To Death For Spying: State Media

April 20, 2016 @ 09:44 AM

A Chinese man has been sentenced to death for leaking more than 150,000 classified documents to an unidentified foreign spy agency between 2002 and 2011, the local media reported Tuesday. Huang Yu, 48, was paid a total of US$700,000 for the information, Shanghai Daily reported citing a report by China Central Television

Former Head of US Defence Contracting Firm Jailed For Sending Tech Details...

April 15, 2016 @ 01:44 PM

A former US defence contractor has been sentenced to nearly five years in jail for illegally exporting the military blueprints and technical drawings of parts used in some of the high-tech and sensitive hardware like F-15 to India, using a local churchs website. Hannah Robert, 49, circumvented the US government and provided export-controlled technical data related to various types of military technology to an individual in India, said assistant US attorney general John P Carlin in a statement, PTI reported

Lockheed Martin Aeronautics Announces Voluntary Layoff Program

March 9, 2016 @ 07:40 AM

Lockheed Martin Aeronautics has announced a voluntary layoff program that is targeted to reduce employment by approximately 1,000 positions at locations in the United States The voluntary program is available to mid-level employee groups in Fort Worth, Texas; Marietta, Georgia; Palmdale, California; Meridian, Mississippi; Clarksburg, West Virginia; Patuxent River, Maryland; and Edwards Air Force Base, California. The action is necessary to position Lockheed Martin Aeronautics to be competitive in the future marketplace, secure future business opportunities, and keep an infrastructure appropriately aligned with customer demands

Embraer Consolidates Two Business Operations

March 2, 2016 @ 01:32 PM

Embraer Defense & Security will consolidate the operations of two of its subsidiaries, Savis Tecnologias e Sistemas S.A

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