An unclassified report released by the US Defense Intelligence Agency says that China has made advancement in weapon technologies in recent years, worrying Pentagon as it has already surpassed its rivals from the defense industry. A Pentagon assessment released Tuesday has pointed out that as a result of Beijings domestic laws forcing foreign partners to divulge technical secrets in exchange for access to China's vast market, it is now at the leading edge on a range of technologies, AFP reports
Bharat Electronics Limited (BEL) and Mahindra Defence Systems Limited signed an MoU to jointly address emerging opportunities in the domestic market under the policy initiatives of the Government of India, like Make in India and the Export Promotion Policy of the Ministry of Defence to target the export market. Anandi Ramalingam, Director (Marketing), BEL, and N Raveeswaran, Head, Strategic Business Partnerships, Aerospace and Defence, Mahindra Defence, signed the MoU documents in the presence of M V Gowtama, CMD, BEL, and S P Shukla, Group President, Mahindra Group, during the on-going DefExpo 2018
Bharat Electronics Limited (BEL) and Larsen & Toubro signed an MoU to jointly develop and produce products and systems to meet the requirement of the defence services as well as for export markets, during on-going DefExpo 2018 on Wednesday. BEL and L&T have agreed to explore and address defence products / systems for the Indian Defence Services as well as export opportunities
Qatar has launched Barzan Holdings, the first defence and Security Company responsible for empowering the military capabilities of the Qatar Armed Forces, during the on-going DIMDEX 2018, Dohas daily The Peninsula reports. The Deputy Prime Minister, Minister of State for Defence Affairs and Chairman of Barzan Holdings, H E Dr Khalid bin Mohammed Al Attiyah, stated that Barzan Holdings main objective is to meet Qatars long-term defence and security needs, and is strengthening Qatars future by setting a road map for Qatars military and security industries
The order-book of Russian arms exports stands at US$45 billion with $15 billion new orders singed at the end of 2017 which was double that of the previous year. Russian President Vladimir Putin was quoted as saying by TASS at a meeting of the commission on military-technical cooperation: "The export of military hardware has grown for a third year in a row to more than $15 billion
The US Navy has awarded the future submarine science and technology research effort contract to General Dynamics Electric Boat, the Department of defense announced Thursday. According to the contract, Electric Boat will perform investigations to develop and demonstrate technology for Navy submarines
Israels Ambassador to the European Union (EU) and NATO Aharon Leshno-Yaar this week signed a logistics agreement with the NATO Support and Procurement Agency (NSPA). The agreement enables Israeli companies to compete in NATO tenders and be part of NATO's database of authorized exporters – in cyber, optics, defense, and software sectors
The largest military contractors of United States are planning to invest more in shipbuilding facilities and infrastructures in the next few years, despite Pentagon seeking limited defense spending plan for the Fiscal year 2019. According to
Australias government announced on Monday that it will reportedly unveil an ambitious plan to become one of the world's 10 largest arms exporters. As part of the plan, Australian Prime Minister Malcolm Turnbull will announce a $3
Japan's Mitsubishi Heavy Industries, Ltd. (MHI) has acquired a 19
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
In an address at Federation of Indian Chambers of Commerce and Industry's (FICCI) seminar on 'Solutions to Problem Statements' on Wednesday, Indian Army's Chief General Bipin Rawat interacted with industry representatives seeking different approaches to meet sustainable capability development in defence sector with 'indigenisation' being the focus. Army Chief Rawat said that the major requirement of the army at present is intelligence, surveillance and reconnaissance (ISR), ANI reports
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