MBDA, the ISAE-SUPAERO Foundation and the Institut Supérieur de lAéronautique et de lEspace (ISAE) have signed a sponsorship agreement setting up an Indian scholarship programme in France. Between 2014 and 2017, this programme will contribute towards the financing of 24 students and young aeronautical professionals from India, enabling them to undertake...
The joint venture of Rheinmetall AG of Düsseldorf and Ferrostaal GmbH of Essen, Rheinmetall International Engineering GmbH, is now ready to take-off. Rheinmetall and Ferrostaal had announced the creation of the joint venture in September 2013, with each holding a 50% stake
As AK Antony, Indias longest serving defense minister, enters the final year of his governments tenure, his handling of the MoD will be remembered for zero-tolerance towards corruption and a determined push to indigenization of defence hardware. Under his seven years leadership, Indias MoD initiated several programs to modernize its...
Northrop Grumman has announced the appointment of Paul Casey as director International Business Development for the United Arab Emirates (UAE) effective Jan. 20, 2014
Eurocopter has been rebranded as Airbus Helicopters, effective today, which joins Airbus and Airbus Defence & Space, within the new parent company, Airbus Group. Airbus Helicopters will benefit from and enrich the Airbus brand as it develops, manufactures, markets and supports a diversified and highly capable rotorcraft product line
Rockwell Collins today announced the foundation of a new Information Management Services (IMS) business that combines recently acquired ARINC Inc. with its Flight Information Solutions business and its Ascend family of products and services
AgustaWestland has confirmed that it received a termination notice from the Indian Ministry of Defence yesterday on the VVIP chopper deal, along with a notification concerning an appointment of an arbitrator from its side, as requested on November 25 and December 4, 2013. AgustaWestland claims that the contract termination notice by the Indian Ministry of Defence doesnt offer adequate basis to take any action against the Company
The EADS group has been rebranded as “Airbus Group”, uniting all its activities under a single and strong brand with two of its three divisions renamed as well. The group is home to Airbus, focussing on commercial aircraft activities; Airbus Defence and Space, integrating the Groups defence and space activities from Cassidian, Astrium, and Airbus Military; and Airbus Helicopters, comprising all commercial and military helicopter activities
Rockwell Collins has successfully completed the acquisition of ARINC Incorporated from The Carlyle Group for $1.4 billion
India, in the past couple of months, has closed at least two high-profile cases involving bribery and corruption in its defense dealings thus lifting a moratorium placed on several firms over the past decade. One is the long-running investigation into the allegation that the Israeli Aerospace Industries paid kickbacks to Indian officials to win the Barak missile deal in 2001
Beechcraft Corporation announced today that Textron Inc. has agreed to acquire its parent, Beech Holdings, LLC
The United States Air Force today signed a Memorandum of Understanding (MoU) with GSA, securing its use of GSA's One Acquisition Solution for Integrated Services (OASIS) and OASIS Small Business contracts for procurement of complex professional services. OASIS is a first-of-its kind contract that will provide the government with a total solution contract vehicle for complex professional services projects