Embraer and Boeing reach consensus on terms of the strategic aerospace partnership in which Boeing will acquire an 80 percent ownership stake in the joint venture for $4.2 billion
India and Russia have established a ‘working group within the Intergovernmental Commission on Military-Technical Cooperation (IC-MTC) to further strengthen military cooperation between the two countries. An agreement to set-up the working group on military cooperation was signed during the eighteenth session of the IC-MTC held in Delhi yesterday attended by the Russian Defence minister Sergei Shoigu and his Indian counterpart Nirmala Sitharaman
Ireland has ordered RBS 70 short-range anti-aircraft missile from Saab. The order contains the BOLIDE missile, which is latest missile available for the RBS 70 system
Indias Ashok Leyland has signed a Memorandum of Understanding (MOU) with Israeli Elbit Systems to provide High Mobility vehicles (HMV) for mounting Elbit Systems artillery guns and systems. The integrated systems are targeted for worldwide export markets, the company said in a statement Wednesday
The design of the Korean Fighter Xperiment/Indonesia Fighter Xperiment (KFX/IFX) under cooperation of Indonesia and South Korea will be completed by mid-2019 and currently work on the project has reached 20 percent. "Until now the development process has been reaching 20 percent
The Dubai government has ordered extradition of Christian Michel, a British national alleged to be a middleman in Indias $500 million AgustaWestland VVIP chopper deal, according to several Indian media reports. The Indian authorities are currently in Dubai to complete the legal formalities
Lockheed Martin has won a $28.5 million modification contract to exercise options for hypersonic booster technology development seeking to demonstrate technologies related to intermediate range capability through booster design, fabrication and validation testing
The Japanese government is close to buying an uninhabited island in the south-western Kagoshima Prefecture to allow United States forces to practice aircraft carrier landings. The government negotiators and Taston Airport Company, which owns the island, have reached a breakthrough on the issue of price, now set between 11 and 14 billion yen (US $97 million to $123 million),
Boeing has been awarded a $383.4 million contract for the United States Air Force Protected Tactical Enterprise Service
China has commenced work on its third aircraft carrier, Xinhua News Agency reported on Sunday without giving any details. In an article published on its WeChat account, Xinhua identified a “new-generation carrier” as being constructed at the China State Shipbuilding Corps shipyard as per schedule