Chinas North Industries Corporation (NORINCO) and the Aviation Industry Corporation of China (AVIC) may have ranked among the top ten defense companies worldwide by Stockholm International Peace Research Institute (SIPRI) in a recent report on global military industry. The SIPRI Top 100 arms-producing companies, 2014 report published Monday states that due to lack of data and based on reasonable estimate of arms sales for most companies Chinese companies couldn't be added to the list
China today slashed restrictions on the types of arms that private firms are allowed to develop without licenses. The State Administration of Science, Technology and Industry for National Defense (SASTIND) and the People's Liberation Army (PLA) General Armament Department on Tuesday released a catalogue of weaponry that requires licensing
Possibility of major arms deals with Saudi Arabia and Iran has increased interest in the Russian air show- MAKS 2015. Saudi Arabia and Iran have been in contact with Russian officials to purchase the Iskander-E tactical missiles and the S-300 air defence system respectively besides a host of other weapons including attack helicopters, aircraft and air-to-air missiles
AeroVironment has won a $3.4 million contract from the United States Army to supply RQ-11B Raven unmanned aircraft systems (UAS) to the Spanish Ministry of Defense
BAE systems has won a $50 million contract from the US army for continued production of MK 90 propellant grains. Production for this current contract will begin in 2016 and continue through 2017, the company announced Thursday
North Korea is ready to wage war after being "provoked" by the broadcast of anti-DPRK "psychological warfare" messages by South Korea A meeting of the General Staff of the Korean People's Army presided over by Kim Jong Un denied that it was responsible for the mine explosion in the demilitarized zone which is said to be responsible for the current cross-border tensions. Further, the leaflet-scattering operation against the DPRK, started with mobilization of die-hard reactionary organizations
China plans to showcase a large number of new weapons and armaments on the Sept. 3 parade to mark the 70th anniversary of China's resistance against Japan
E-commerce firm Alibaba and Chinese defense manufacturer China North Industries Corp. (Norinco) will offer Geo-location services to compete with the US GPS network
The Thai Navy has confirmed that it will pay 36 billion baht (US$1.1 billion for three submarines from China equipped with air independent (AIP) propulsion
Argentina is expected to buy the Chinese Norinco VN1 wheeled armoured personnel carrier (APC) and sign a deal to co-produce the P18 export corvette during a February 3-5 visit of Argentine president Cristina Fernández de Kirchner to Beijing. According to various media reports, an agreement to be signed in Beijing could include co-production in Argentina of the Norinco VN1 wheeled armoured personnel carrier (APC) and co-operation in building a new ice-breaker, naval tugboats, mobile hospitals, and new warships for the Argentine Navy
North Industries Group Corporation (NORINCO group), China's largest arms manufacturer reported 400.2 billion Yuan (US$64
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