Dassault, Reliance Seek Supply-Chain Partners To Execute Rafale Jet Offsets

June 14, 2017 @ 01:55 PM

Dassault Aviation along with its Reliance Defence hosted an event in cooperation with key Rafale suppliers, Thales, Safran and MBDA to promote Business to Business (B2B) interactions between the French and Indian Aerospace manufacturers in Delhi today. This event represents over 60 Indian Companies and 25 French Companies in New Delhi,...

Pakistan's Gwadar Port a Possible Future Chinese Military Base Location: Pentagon

June 7, 2017 @ 11:40 AM

China is looking to expand its military ports in countries with which it has a longstanding friendly relationship and similar strategic interests, such as Pakistan, a report by the Pentagon has said. China is "expanding its access to foreign ports to pre-position the necessary logistics support to regularize and sustain deployments...

Brazil Plans To Boost Exports With New ‘Line-of-Credit’ Scheme

April 7, 2017 @ 10:11 AM

Brazilian government is offering incentives - a 'line of credits' financing scheme, to the countries buying Brazilian defense products. The president of the National Bank for Economic and Social Development (BNDES), Maria Sílvia Bastos Marques, announced on Tuesday during LAAD 2017, which is taking place at Rio de Janeiro that customers...

South American Nations Want Full Financing For Chinese Defence Equipment Purchase

April 6, 2017 @ 11:56 AM

South American countries, wanting to buy Chinese defence equipment are demanding 100% financing which is making it difficult for China based companies to sell in that market. "Previously, Latin American countries mainly use products made in Europe and America

IDEX 2017:Russian Helicopters Implements After Sales Projects In Near Eastern, African Countries

February 22, 2017 @ 12:38 PM

Rostecs Russian Helicopters is implementing a number of after-sales service projects in the African and Near Eastern countries. Based on fulfilled contracts in 2016, 43

Indian Budget Allocates INR86000 Crore (US$12 billion) For Defence Equipment Purchase

February 1, 2017 @ 11:36 AM

Indian governments fiscal 2016-17 budget has hiked the defence budget by 5.8% allocating INR86000 Crore (US$12 billion) for capital expenditure which include money for equipment purchase

Japan's 2017 Defense Spending To Hit $43.6Bn; Interceptor Missile System Procurement Likely

December 23, 2016 @ 12:20 PM

Amid escalating tension with China and North Korea, the Japanese government on Thursday announced increase in defence budget for fiscal 2017 starting April 1, that covers a new amphibious force and a new sea-based ballistic missile interceptor system. Japanese Prime Minister Shinzo Abes cabinet approved ¥5

Thailand Seeks Chinese Expertise In Small Arms, Security Equipment

December 22, 2016 @ 11:57 AM

Thailand has expressed interest in building military cooperation with China, particularly in development of small arms and security equipment. Thai defense ministry spokesman Kongcheep Tantravanich was quoted as saying by Reuters Wednesday that Defense Minister Prawit Wongsuwan had talks with his Chinese counterpart, Chang Wanquan about building military production facilities in Thailand, during his visit to Beijing last week

Bureaucratic Headwinds Spook Shinmaywa US-2 Aircraft Procurement in India

March 30, 2016 @ 12:41 PM

The procurement of 12 amphibious Aircraft from Shinmaywa of Japan which has been held up due to bureaucratic procedures in India could face further headwinds following the release of new defence procurement procedures(DPP). The procurement proposal had gone up to the Defence Acquisition Council (DAC), India's supreme defence purchase body chaired by the defence minister, which delayed an expected go-ahead to the deal last year for reasons not disclosed

Rheinmetall Defense Sales Up 18% in First Half 2015

August 6, 2015 @ 04:02 PM

Rheinmetall Defense sales rose by €159 million or 18% to €1,054 million in the first six months of 2015 (first half year 2014: €895 million). Adjusted for currency effects, the growth was 15%, the company announced today

Polish Parliament Votes To Raise Defense Spending

May 28, 2015 @ 04:33 PM

The Polands Sejm lower parliamentary house has voted to increase the defense spending from 1.95 percent to 2 percent of GDP on Wednesday

Israel’s $5.66 Billion Defense Sale In 2014 Marks Lowest In Seven Years

May 23, 2015 @ 07:05 AM

The Israeli Ministry of Defense released data Thursday which indicates that Israeli defense sales last year plunged to their lowest point in seven years, with about $5.66 billion in new contracts signed in 2014