In the past five years, defense shows and exhibitions around the world have ballooned owing to the surge in demand for military technology and arms in growing markets. This surge is credited to an influx of new defense and aerospace exhibitions launched around the world
Money allocated for modernization of the Indian Armed Forces has fallen short of requirement during fiscal 2014-15. According to figures presented before the Indian parliament earlier this week, the projections for the army, navy and air force are INR 33,167
Cubic Corporation today announced that it was awarded a contract valued at $1.2 million for its Multiple Integrated Laser Engagement System (MILES) Individual Weapon System (IWS), that included an initial capability of MILES Tactical Vehicle Systems (TVS), from the U
General Dynamics Ordnance and Tactical Systems was awarded a competitive, five-year fixed firm price contract by the U.S
Indias top criminal investigation agency, the Central Bureau of Investigation, has closed its investigation into alleged irregularities in a $92 million contract awarded Bharat Dynamics Limited (BDL) to produce the Akash missile system citing lack of evidence. The CBI began its probe last May after allegations surfaced that the then Chief...
Indias Defense Acquisition Council met for the first time under the new Defense Minister, Manohar Parrikar, on Saturday and cleared a proposal to procure 814 artillery guns worth $2.5 billion
The US Department of Defense (DoD) first non-tactical vehicle fleet composed entirely of Plug-in electric vehicles (PEV) will be unveiled by the U.S
Rostec Corporation and the Chinese Industrial Aviation Corporation (AVIC) have reached an agreement regarding strategic cooperation, which will significantly increase interaction between the two companies. According to a statement from Rostec, plans are being made to work out the possibilities for implementing joint projects in aircraft, helicopter, and engine production, as well as in the manufacturing of aircraft materials, avionics, and similar products
Manohar Parrikar has been named Indias new Defense Minister after a cabinet reshuffle yesterday. Parrikar, former chief minister of Goa, will succeed Arun Jaitley who has been handling both the finance and defence ministries since Prime Minister Modi came to office earlier this year
Indonesian Defense Minister Ryamizard Ryacudu today announced that his government will increase defense spending up to 1.5 percent of the state budget
Rheinmetall is displaying a number of new combat systems recently delivered to the Indonesian Army at the Indo Defence 2014. Rheinmetall delivered 103 thoroughly overhauled and modernized Leopard 2 main battle tanks along with 42 Marder 1A3 infantry fighting vehicles and 11 various armoured recovery and engineering vehicles to the Indonesian Army
The US Army awards low-rate initial production (LRIP) contract on the M109A7 self-propelled howitzer and M992A3 ammunition carrier to BAE Systems. The M109A7 provides a significant upgrade over the M109A6 Paladin Self-Propelled Howitzer while allowing for future growth