Three former employees of Singapore Technologies Engineering Ltd (ST Engineering) were charged in the State Courts of Singapore on 13 January for their involvement in the corruption racket. As part of 2011 investigation launched by Corrupt Practices Investigation Bureau (CPIB), former ST Marine employees - chief operating officer Han Yew Kwang,...
The Indian Air Force (IAF) base in the northwestern state of Punjab was attacked by a group of gunmen on Saturday morning. Four of the gunmen were killed by the security forces at the base in Pathankot, located about 50km from the Pakistan border, Al Jazeera reported Saturday
South Korea and the Philippines on Monday signed a pact to protect classified military information in a bid to exchange military intelligence. South Korean Defense Minister Han Min-koo and his Filipino counterpart Secretary Voltaire Gazmin signed the deal in Manila following their talks, according to Seouls defense ministry statement,...
The North Korean government has decided to grant amnesty to persons convicted of ‘crimes against the country and its people. The amnesty was granted on the occasion of the 70 anniversaries of Korea's liberation and the founding of the Workers' Party of Korea, an announcement about the unusual move was posted...
Finmeccanica has renegotiated the five-year revolving credit Facility that envisages the payment of a spread of 100bp above Euribor, 80bp less than the previous conditions. The size was also reduced to 2 billion euro, compared to the former 2
Fluor Corporation has been selected to be part of the US Air Force Contract Augmentation Program IV (AFCAP IV) for six years. The contract begins from October 1, 2015, the company announced Wednesday
Hundreds of thousands of accounts belonging to Chinese PLA personnel of all departments, and ranks will be audited to unearth stashed money or ‘Little coffers, PLA daily reported Wednesday. According to the report, President Xi Jinping headed Central Military Commission (CMC) will be investigating military personnels income and expenses for the past couple of years in a massive drive to curb corruption
A Los Angeles Times Journalist, David Willman claims that the Pentagon has denied giving information on bonuses and incentives paid to contractors for delivering flawed $40 billion Ground-Ballistic Missile system (GMD) and has sued it for the same. According to David Willman, the denial to furnish information is in violation of the Freedom of Information Act
Exelis' Information Systems President Pamela Drew is inducted as strategic government contracting leader into Executive Mosaic Wash100. ‘Published annually, Wash100 is a "premier group of leaders who create value for the American public and execute strategic vision at the intersection of the public and private sectors," according to the organization's website
Chinese and Indian border guards jointly celebrated New Year near the two countries border, according to Xinhua. “The activity, held in the western part of the border area, was carried out in line with an agreement reached by the two sides earlier,” spokeswoman Hua Chunying was quoted as saying
What perhaps explains the high civilian casualties in NATOs war against the Taliban in Afghanistan, some 750 ‘minor fighters including drug dealers figure in a ‘Kill list of the International Security Assistance Force (ISAF). The list, a part of documents obtained by whistleblower Edward Snowden and published by German magazine, Der Spigel refers to the ISAF activities in Afghanistan during 2009-11
Northrop Grumman announced today that its board of directors has elected Kenneth L. Bedingfield, corporate vice president and chief financial officer, effective after the company files its 2014 annual report