Despite economic troubles and foreign sanctions, Russias military expenditures is expected to balloon in 2015 owning to a number of arms purchases. According to business news daily Vedomosti, military defense spending will rise in 2015 by 21
Airbus announced Tuesday plans to sell several subsidiaries from its defence division to focus on its core businesses of space activities, military planes and missiles, according to media reports. "Some business areas are identified as divestment candidates as they do not fit the strategic goals," the company said in a statement, citing budget troubles among key state clients
EU sanctions against Russian defence enterprise Rostec could lead to a loss of US$1 billion in the short term. This is owing to the use of European components in Rostec products exported to third countries, a Rostec statement said detailing the impact of fresh economic sanctions imposed against Russia last week
South Africas position in the global defence and aerospace industries will be in the spotlight at the inaugural Denel Aerospace and Defence Conference, which brings together military decision-makers, industry leaders, senior public servants and defence sector participants for intense discussions on the challenges and opportunities currently facing the industry. The Denel Aerospace, Maritime and Defence Conference, taking place in Centurion tomorrow, will feature senior speakers from the SA National Defence Force as well as top decision-makers in the global defence technology environment and government
The Kharkiv "Malyshev” plant has delivered another batch of military equipment to the ATO area. The order of Natshvardiyi tanks will arrive soon
The UK defence establishment could be significantly impacted if Scottish voters vote “yes” on the Sept. 18 referendum over independence from the UK
The Lockheed Martin Team's Joint Light Tactical Vehicle (JLTV) program successfully completed the government's Production Readiness Review (PRR) at the company's Camden, Arkansas, Ground Vehicle Assembly facility. During the PRR event, the team assembled a JLTV on its production line to further demonstrate production readiness
The news concerning the initiation of investigation of criminal cases against Ukroboronproms management, which was published by some information agency, does not correspond to reality, Ukroboronprom said in a statement. "None of Ukroboronprom management is the object of investigations from law enforcement officers
Brazil and South Africa may merge their defence research bases to jointly conquer world markets. In Brazil to attend the III IDB-Brazil Show, Trevor Raman, the Director-General of the Armaments Corporation of South Africa (Armscor), a public company linked to the Department of Defense of South Africa, recalled the partnership between the two countries in the development of technology for creating the A-Darter air-to-air missile
Russian President Vladimir Putin has approved a proposal to dissolve two state defense and arms procurement bodies and redistribute their functions among other state agencies and ministries. According to reports, the two state bodies proposed by Prime Minister Dmitry Medvedev to be liquidated are the Federal Service for Defense Contracts (Rosoboronzakaz) and the Federal Agency for Weaponry, Military and Special Equipment and Material Facilities Procurement (Rosoboronpostavka)
The Australian Government has awarded a multi-million dollar contract to provide specialised vehicles for the Australian Defence Forces Special Operations. Defence Minister Senator David Johnston today announced that Supacat Ltd will supply 89 Special Operations Vehicle – Commando, in a contract that will create approximately 150 new jobs in western Sydney and Victoria
Saab has signed a new framework contract with the USSOCOM for the companys Carl-Gustaf man-portable weapon system.The contract is a follow on agreement to a previous 5 year contract for the 84mm recoilless rifle system
Fire Extinguished onboard Russian Aircraft Carrier Admiral Kuznetsov
Damen Shipyards, PT PAL Install Combat Systems Aboard Indonesian Sigma Frigate
Czech Republic to Replace Russian Radars with Israeli 3D Mobile Air Defense...
S.Korea's Light Civil Helicopter Makes First Flight
Germany To Finalise Order for 38 Eurofighter Jets, 110 E-Scan Radars
Turkish Navy to get First Indigenous Aircraft Carrier in 2020
Bechtel Bags US Navy's $1.4Bn Naval Nuclear Propulsion Components Contract
Su-57 Performs 16 Flights with New, Powerful Engine
Several joint production and direct procurement programs could be halted if the US and Europe carry through with their threat...
Sanctions-hit Iran has found ingenious ways to develop military hardware
Artificial Intelligence (AI) is rapidly permeating the defence industry to aid and improve human decision-making
Upgrade of Russias Sukhoi Su-30SM fighters to equip them with armaments, radar, sensors and engines from the more powerful Su-35...
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...