South Korean POSCO Daewoo will provide two ships to Brazilian Navy and modernize Arsenal de Marinha do Rio De Janeiro shipyard under a new $1 billion deal.
The vessels to be built are a landing platform dock and a multirole corvette, both of which will be constructed in partnership with domestic shipyards, UPI reported Wednesday.
The arrangement signed in South Korea by company Chief Executive Officer Kim Young-sang, AMRJ shipyard chief Mario Ferreira and Brazilian Ambassador to South Korea Luiz Fernando Serra.
"The latest deal is the outcome of our efforts made through successful technology transfer and business experience in the LPD construction business," said Kim.
Leonardo-Finmeccanica announced today that five firm orders have been signed for AgustaWestland AW169 helicopters by different Brazilian corporate and private customers. The announcement comes following an official presentation of the new generation model to nearly 100 pilots from across Brazil and held at the end of August, introducing capabilities, avionics and interior options available to AW169 VIP customers
Controp announced the use of its Shapo Airborne EO/IR surveillance payload for the protection of 2016 Summer Olympics in Rio de Janeiro, Brazil. The Shapo is installed on board the ADB-150 Aerostat that supports the Brazilian Air Force security mission and is deployed above the Olympics area, the company said in a statement Wednesday
Saudi Arabia-led coalition has used different types of cluster munitions manufactured by US, UK and Brazil in their attack in Yemen, according to
Brazil had to reschedule the upgrade of the Brazilian Army's (Exército Brasileiro - EB) helicopters due to budgetary constraints. “Upgrades to the army's 36 Airbus Helicopters AS550A2 Fennec (H125M) and AS350L1 Ecureuil/Esquilo (H125) HA-1-variant platforms, as well as to its 34 Airbus Helicopters AS365 Panther (HM-1 Pantera) platforms, have been delayed by two years as a result of the financial crisis, but that work is now proceeding and the full set of enhanced capabilities will be rolled-out,” Walter Filho, VP Business & Services was quoted as saying by
Korean Aerospace Research Institute will sign a $40 million deal with French Thales for the joint development of a new augmentation system for global positioning systems that will greatly reduce the scope and rate of errors in existing GPS. The signing will be done on Wednesday to jointly develop a new and advanced Satellite Based Augmentation System for GPS by 2021, according to the South Korean Ministry of Land, Infrastructure and Transport, Yonhap reported Tuesday
The US and South Korea have agreed to launch a high-level ‘extended deterrence dialogue for the protection of its Asian ally from nuclear and missile threats from North Korea. According to the agreement signed on Wednesday, "Extended deterrence" refers to the commitment (US) to use nuclear weapons to deter attacks on allies
South Korea plans to lease a reconnaissance satellite most likely from Israel to self obtain information on North Koreas military activities. Israel uses its spy satellites mainly to monitor Middle East regions, it may be practical for South Korea to secure operating rights during periods when the satellite passes over the Korean peninsula
North Korea could increase its nuclear arsenal to at least 70 fission bombs by 2020, according to interim findings of a study. “North Korea is likely to be able to build four to eight small nuclear weapons every year, meaning that its stockpile could possibly grow to 79 or more by the end of 2020 while mastering means of their delivery,” Lee Sang-hyun, a senior researcher at the Sejong Institute was quoted as saying by Korea Herald Tuesday
The South Korean military plans to expand the capabilities of its special forces to strike Norths command facilities using hardware, such as the Boeing MH-47 series choppers, compact satellite links and advanced small arms. The MH-47 series helicopter under consideration for deployment in the Army are variants of the battle-tested Chinook choppers operated by the South Korean and U
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