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South Korean Companies top SIPRI’s ‘Emerging Producers’ Category in 2016 Arms Sales...

December 12, 2017 @ 12:04 PM

South 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

IFS Selected To Provide Management Solutions To UAE-based Aerospace Firm

November 15, 2017 @ 10:28 AM

The 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...

Israel Plans to Loosen Defence Export Restrictions

October 31, 2017 @ 11:47 AM

Israeli companies need not obtain a marketing license for certain cyber and electro-optic systems and tools, and security and anti-terrorism warfare education, according to changes in the defence export policy proposed by the countrys Ministry of Defence (MoD). The MoD will significantly shorten the list of products whose overseas marketing requires...

Russia's Rostec, AK-47 Producer Kalashnikov and Others Named In New US Sanctions...

October 27, 2017 @ 08:52 AM

The US Statement Department on Thursday turned over a list containing over a dozen Russian-defense and intelligence entities to Congress for implementation of new sanctions against Moscow. The

Indian Government Approves 10% Stake Sale In State-run Hindustan Aeronautics

October 2, 2017 @ 10:05 AM

The Indian government has approved a 10% stake sale in state-run Hindustan Aeronautics Limited (HAL), a 77-year-old company headquartered in South India, through an initial public offering. HAL had filed a draft proposal with the Securities and Exchange Board of India on September 29 for an initial share sale, as the...

University of Texas Applied Research Lab Wins $458M for Test, Evaluation of...

September 27, 2017 @ 11:35 PM

The Applied Research Laboratory University of Texas at Austin is being awarded a $458 million contract for research, development, engineering and test and evaluation for programs throughout the Department of Defense (DoD). This contract provides research and development in the core competency areas approved by the DoD for University of Texas at Austin, which include engineering, research, design development and test and evaluation of acoustics, navigation, command and control and warfare systems, US DoD said in a statement Wednesday

Russia's State Arms Exporter Order Portfolio Reaches $44B

September 27, 2017 @ 03:13 PM

The export portfolio of Russian state arms exporter Rosoboronexport has reached $44 billion as of September 2017, head of Russias state technologies corporation Rostec Sergey Chemezov said. "Total supplies through Rosoboronexport reached more than twofold over the last decade, from 6 to almost 13 bln US Dollars

China Plans Civilian-Military Technology Integration In Sci-Tech Sector By 2020

August 24, 2017 @ 09:38 AM

Chinas top science authorities published a five-year term plan to integrate innovative military and civilian technologies to explore cost-effective solutions in the science and technology sector. Jointly issued by Chinas Ministry of Science and Technology and the Science and Technology Commission of the Central Military Commission, the plan is to build new research units and think tanks on cutting-edge science projects, ranging from manned-space missions to navigation satellite systems to supercomputers, local media reports

UN Warns of Negative Impact Of Intelligent Weapons

August 21, 2017 @ 03:17 PM

Worlds top leaders of artificial intelligence and robotics signed an open letter Monday that warns disastrous consequences of "Lethal Autonomous Weapon Systems," or intelligent weapons. "As companies building the technologies in artificial intelligence and robotics that may be repurposed to develop autonomous weapons, we feel especially responsible in raising this alarm," said the letter, released when the UN's Conference of the Conventional Weapons was scheduled to meet to discuss the subject

Chinese MoD Launches App For Defence Procurement

August 19, 2017 @ 12:36 PM

Chinas defense ministry has launched a military procurement app which provides relevant information about defense equipment procurement in an efficient, fast and direct manner. Operational since early August, the People's Liberation Army's (PLA) flagship newspaper, the PLA Daily, reported on Friday that the app can broaden the channels for the release of military procurement information, as well as enhance the quality and efficiency of military procurement

Trump Orders Review of Defence Industry Raw Material Supply Chain

July 24, 2017 @ 03:55 PM

President Donald Trump signed an executive order Friday ordering an assessment of materials, manufacturing and components required for the defense industry, their sourcing and supply chains. Peter Navarro, director of the National Trade Council, said in a background briefing to reporters that there is a shortage of domestic companies that can manufacture and repair certain key components for defense purposes

Elbit, Alpha Design Expand Existing JV Firm

July 6, 2017 @ 02:43 PM

Israels Elbit Security Systems Ltd signed a contract with an Indian counterpart Alpha Design Technologies Pvt. Ltd for expansion of the existing joint venture ‘Alpha-Elsec Defence & Aerospace Systems Pvt Ltd, during Prime Minister Narendra Modis visit to Tel Aviv this week

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