Oshkosh Receives $67 Million Contract From US Army

December 19, 2014 @ 09:07 AM

Oshkosh Defense has won a contract worth $67 million from the US Army to produce 256 trucks and trailers under Family of Medium Tactical Vehicles (FMTV) program. The Deliveries are scheduled to happen between 2015 and 2016 for U

Defense, Aerospace & Cyber Security Shows On The Rise, Several New Expos

December 5, 2014 @ 04:18 PM

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

Allocation for Indian Armed Forces Falls Short Of Requirement

December 4, 2014 @ 11:15 AM

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 Corp To Supply MILES Individual Weapon System To Latvia

December 2, 2014 @ 01:08 PM

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 Wins US Army Hydra Rocket Contract

December 2, 2014 @ 09:25 AM

General Dynamics Ordnance and Tactical Systems was awarded a competitive, five-year fixed firm price contract by the U.S

Indian Investigation In the Akash Missile System Contract Terminated Due To “Lack...

December 1, 2014 @ 10:26 AM

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 Managing Director Maj Gen (retd) Ravi Khetarpal, and other senior officials were involved in the irregularities in the contract

India To Float New RFP For Artillery Systems

November 24, 2014 @ 09:03 AM

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

Rostec, AVIC Sign Agreement To Increase Joint Partnerships

November 11, 2014 @ 10:21 AM

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

India Gets New Defense Minister, Mahohar Parrikar Takes Oath

November 10, 2014 @ 08:42 AM

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

Indonesia To Increase Defense Budget Upto 1.5%

November 7, 2014 @ 01:43 PM

Indonesian Defense Minister Ryamizard Ryacudu today announced that his government will increase defense spending up to 1.5 percent of the state budget

Rheinmetal Shows-Off Modernized Leopard 2 Tanks At Indo Defence 2014

November 5, 2014 @ 12:20 PM

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

European Defence Firms Keen On Partnerships With Russia, Claims Rosoboronexport

October 29, 2014 @ 01:13 PM

European weapons manufacturers are keen on closer cooperation with Russia, but the current “political situation” makes this cooperation rather difficult, said Sergey Ladigin Deputy Director General of Rosoboronexport at the Euronaval exhibition. Russian defence firms are facing sanctions from European countries over the Ukraine crisis, though many European governments have responded half heartedly over the US call for Western sanctions