Category
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Three Chinese Companies Make it to 2018’s Top 10 Defence Manufacturers’ List
July 24, 2019 @ 10:31 AMThree Chinese companies; Aviation Industry Corporation of China (AVIC), China North Industries Group (NORINCO) and China Aerospace Science and Industry Corporation (CASIC) with combined revenue of $51.8 Billion have risen to the worlds top 10 Defence companies list compiled by US based publication, Defense News
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India’s Budget for 2019: No Import Tax On Defense Equipment To Accelerate...
July 5, 2019 @ 01:35 PMTo encourage and speedup modernization in the defense sector, India has exempted customs duty on defense and military hardware imported from other countries. “Defense has an immediate requirement of modernization and upgradation
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China, Russia Take First Steps Towards Dollar-less Trade
July 3, 2019 @ 11:37 AMIn an attempt to bypass US sanctions on Russian entities mainly in defence and energy, Moscow has concluded an agreement with Beijing on switching to settlements in national currencies. A mechanism for mutual settlements is planned to be set up by 2020
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HAL Manufactures 41 Aircraft, Helicopters in Fiscal 2018-19
April 1, 2019 @ 02:04 PMHindustan Aeronautics Limited (HAL) has manufactured 41 new aircraft, helicopters besides 98 new engines during fiscal 2018-19, according to a financial update issued by the company. In addition, HAL has carried out overhaul of 213 aircraft, helicopters and 540 engines
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Turkish Defence Exports Cross $2 Billion in 2018
January 7, 2019 @ 12:42 PMDefence exports from Turkey exceeded $2 billion for the first time in 2018, an increase of 17% over the previous year. According to Turkish Exporters Assembly (TİM) data, the exports carried out by the defense and aerospace industry soared by 24
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Russia’s Rostec Signs Agreements Worth $1.5 billion at Army 2018 Show
August 30, 2018 @ 01:07 PMMember-companies of Russias Rostec State Corporation signed agreements worth over 100 billion rubles ($1.5 billion) as part of the International Military-Technical Forum "Army-2018" held in Moscow last week
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United States Plans Financing Option for Defence Equipment Sales
August 10, 2018 @ 08:44 AMThe United States government is planning a new financing option to enable its allies and partners buy American weapons as part of the Trump administrations goal of enabling defense contractors grow their sales. The US administration had liberalized the sale of unmanned aerial systems in April this year and plans further initiatives to counter competition from China, Israel and Russia among others, participants at a Center for Strategic and International Studies (CSIS) event in Washington on Wednesday said
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European Union Defence Spending at Euro 200 Billion in 2016
May 18, 2018 @ 01:29 PMThe 28-member European Union spent €200 billion ($222 billion) on defence in 2016, the same figure as in 2015, Eurostat announced Friday. The EU, most of whose members share NATO membership with the United States are under pressure from Washington to increase military spending and buy more American arms
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China Becomes World's Second Biggest Military Spender: SIPRI
May 2, 2018 @ 12:34 PMChina has become the world's second biggest military spender behind the United States relegating Saudi Arabia and India to third and fourth place respectively according to a new report by the Swedish International Peace Research Institute (SIPRI) which compiles global arms procurement data. China increased its military spending by 5
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France to Increase Defence Spending by $2.2 Billion This Year
January 20, 2018 @ 01:49 PMFrench President Emmanuel Macron has pledged to increase the defence spending by 1.8 billion euros ($2
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South Korean Companies top SIPRI’s ‘Emerging Producers’ Category in 2016 Arms Sales...
December 12, 2017 @ 12:04 PMSouth Korean companies recorded a 20.6% increase in arms sales during 2016 compared to a year ago leading a pack of the Stockholm International Peace Research Institute (SIPRI)s ‘emerging producers category which covers companies based in Brazil, India, South Korea and Turkey
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IFS Selected To Provide Management Solutions To UAE-based Aerospace Firm
November 15, 2017 @ 10:28 AMThe aerospace and defense technology company Calidus, based in Abu Dhabi, UAE, has selected IFS Applications as its core solution to manage key company operations and manufacturing projects. The IFS solution includes Finance, HR, Supply Chain, Project and Document Management modules to support the development of all major Calidus projects, including the manufacturing of the new B-250 light attack aircraft which is currently being unveiled at the Dubai Airshow, November 12th-16th, the Swedish firm IFS announced in a press release Tuesday
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Russia To Soon Test MC-21 Jet Powered By PD-14 Engine
December 10, 2019 @ 09:37 AM -
Denmark to Integrate Kongsberg's Protector RWS On Piranha Military Vehicles
December 10, 2019 @ 08:57 AM -
California to get three S-70i FIREHAWKS
December 10, 2019 @ 08:22 AM -
Russian "Spy" Ship Receives Panama Canal Permit Following Brief Blockade
December 10, 2019 @ 08:07 AM
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Germany To Finalise Order for 38 Eurofighter Jets, 110 E-Scan Radars
November 26, 2019 -
Turkish Navy to get First Indigenous Aircraft Carrier in 2020
November 22, 2019 -
Bechtel Bags US Navy's $1.4Bn Naval Nuclear Propulsion Components Contract
November 16, 2019 -
Indian Air Force to Buy 83 Tejas Jets by March 2020
November 11, 2019
US, Europe Arms Embargo to Derail Several Turkish Procurement Programs
Several joint production and direct procurement programs could be halted if the US and Europe carry through with their threat...
Unconventional Military Hardware from Iran
Sanctions-hit Iran has found ingenious ways to develop military hardware
Artificial Intelligence to Drive Future Weapons Development
Artificial Intelligence (AI) is rapidly permeating the defence industry to aid and improve human decision-making
Are Days Numbered for Russia’s Su-35 Fighter Jet?
Upgrade of Russias Sukhoi Su-30SM fighters to equip them with armaments, radar, sensors and engines from the more powerful Su-35...
US Companies Threatened With Sanctions May be Denied Chinese Rare Earth Materials
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
Russian Su-57 Preparing to Compete with F-35 for Stealth Jet Market Share
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...