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
Russia has plans to develop Crawler-mounted Pantsir air defense system by early 2017 for replacing the Tunguska self-propelled anti-aircraft weapon. "The first prototype will be completed in about three months, in early 2017," head of the Sheglovsky Val company, part of the Rostec Corporation, Vladimir Popov was quoted as saying by
Russia will test a 360 degree targeting system for its Mi-35 Super Crocodile helicopter gunships and Mi-8AMTSh Terminator transport helicopters. Developed by Rostecs subsidiary Shvabe holding, the OPS-24N-1 can see through heavy fog, smoke and dust storms
Russian Rosoboronexport and Remdiesel signed an agreement to promote Typhoon-K truck (KAMAZ-53949) on foreign markets. The document was signed by Anatoly Isaikin, Rosoboronexport's CEO, and Faiz Khafizov, Remdiesel's CEO
Russia will showcase the newly developed communications and control systems at a large-scale military expo near Moscow in October, the press service of the United Instrument Manufacturing Corporation said Wednesday. The Military Communication-2016 exhibition is scheduled for October 17-21 in Kubinka, a western suburb of Moscow
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