Asia as a region has become the largest Russian military equipment buyer in the year 2016, Rosoboronexport announced in a press release Wednesday. Rosoboronexport signed military and technical cooperation contracts worth USD 9 billion last year with 53% of total annual volume claimed by Asian customers, Dmitry Shugaev, Director of Russian Federal Service for Military and Technical Cooperation was quoted as saying in the release
Russia's Rostec state corporation will likely upgrade Iskander-M mobile missile system by 2020. "In accordance with the adopted 'Vooruzheniye' [Armament] cluster strategy, we intend to improve tactical missile systems in the next 10 years
The Pakistan Army on Friday received six new Cessna aircraft, including two Cessna 208 Caravan and four Cessna T-206H from the United States The Office of the US Defence Representative delivered the aircraft on March 24, the US embassy in Islamabad announced Friday. The aircraft will boost Pakistan Armys air mobility by enhancing its ability to conduct medical evacuations and provide limited troop and equipment transport
An estimated 400 Kamov 226-T helicopters are planned to be manufactured by an Indo-Russian Joint venture under the “Make in India” program. The documents for the joint venture formation between Russias Rostec companies on one side and HAL on the other side have been prepared and registration is awaited
Novikombank, the base bank for the Russian industry, has granted a 20 million euro worth loan to the Irkut Corp to finance the execution of an export contract for the delivery of new aviation equipment. This agreement has become the first step towards promising cooperation between the parties, Rostec announced during January last week
India has unveiled an Integrated Underwater Harbour Defence and Surveillance System (IUHDSS) that will enhance the security of valuable assets against asymmetric threats. The system was inaugurated by Vice Admiral Girish Luthra, Flag Officer Commanding- in-Chief, Western Naval Command here today
The board of directors of Russian conglomerate Rostec will consider the sale of a 26 percent stake minus one share in weapons maker Kalashnikov to two private investors, Andrei Bokarev and Alexei Krivoruchko. Rostec announced Friday that it has agreed to sell off a stake in Kalashnikov as part of an overhaul of the producer of the AK-47 assault rifle
Russian Rosoboronexport has appointed Alexander Mikheev as its new CEO. On January 10, 2017, during a meeting held at Rostec offices, Rostec CEO Sergeic Chemezov officially introduced Alexander Mikheev as the new CEO of JSC Rosoboronexport to the Rostec and JSC Rosoboronexport leadership, the company said in a statement Wednesday
Rostec's newly launched anti-hacking center RostecInform (RT Inform) to monitor 20 per cent of the Russian firm's major businesses by 2017-end, including helicopter and missile manufacturing business units. By 2020, RT Inform plans to increase this coverage to 30 percent,
Russias Radioelectronic Technologies Concern (KRET) has presented an active phased antenna array radar Zhuk-AME designed for multipurpose MiG-35 fighter jets. "The Radioelectronic Technologies Concern designed the Zhuk-AME active phased antenna array for the MiG aircraft family
India and Japan will sign a nuclear energy agreement later this month that will allow Tokyo to opt out if South Asian nation tests its nuclear weapons. The agreement, the first by Japan with a nation that has not ratified the Nuclear Non-proliferation Treaty, will be signed when Indian Prime Minister Narendra Modi visits Japan later this month, a high-ranking Japanese Foreign Ministry official was quoted as saying by Asahi Shimbun Monday
India and Russia are likely to sign an agreement for production of 200 Kamov 226T helicopters in India to replace the countrys aging Cheetah and Chetak helicopters. The agreement is expected to be signed during the upcoming 2016 BRICS summit in Goa from October 13 to October 16
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