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LONDON — Troops in Afghanistan will be among the first in the British military to receive new 9 mm semi-automatic pistols purchased in a deal between the Ministry of Defence and Austrian small-arms producer Glock.
PARIS — India is fine-tuning a contract to buy 126 French-made Rafale fighter jets, Indian Foreign Minister Salman Khurshid said Jan. 10, adding that Paris would have to “wait a little” to pop the bubbly.
NEW DELHI — Contrary to media reports here that defense spending is likely to be reduced, sources in the Indian Finance Ministry sources said there is no such proposal before them to reduce defense allocations. to defense.
WASHINGTON — A U.S. defense contractor accused of helping torture prisoners at Iraq’s infamous Abu Ghraib prison has paid former detainees more than $5 million to settle a lawsuit, according to regulatory filings obtained Jan. 9 by AFP.
HERZLIYA, Israel — Israel’s Defense Ministry is launching several initiatives to safeguard its industrial base, cultivate emerging markets and ultimately boost annual exports to $10 billion from the $7 billion levels of recent years.
PARIS — European aircraft manufacturer Airbus said Jan. 7 that it has won a tender to supply India with six A330 air refueling tankers, a deal potentially worth more than $1 billion (770 million euros).
When the U.S. Equal Employment Opportunity Commission (EEOC) gave employees a choice last year to use their own mobile devices or their government-issued BlackBerrys, most clung to their BlackBerrys.
NEW DELHI — The Indian government has rejected a proposed joint venture between Israel’s Rafael and Mahindra Defence Systems to produce anti-torpedo systems, a move that surprised Mahindra officials and could undermine future foreign teaming efforts with private Indian companies.
A retired Marine general has left his executive post at a major gun maker to join a defense firm best known for developing nonlethal ammunition.
NEW DELHI — The Indian Defence Ministry has begun a global search to procure unspecified numbers of heavy trucks on which to mount missiles following a ban on acquiring vehicles from Bharat Earth Movers Ltd. (BEML), which has become involved in a bribery scandal.
BERLIN — Saudi Arabia is planning to buy 30 German Dingo 2 armoured vehicles worth about 100 million euros, Bild am Sonntag reported in its Sunday edition.
The Aerospace Industries Association is issuing a final plea, aiming to convince lawmakers to address pending Pentagon cuts in their fiscal cliff legislation — but it may be too late.
Following a meeting with President Obama, Senate leaders said Friday they intend to hammer out a plan that would avoid the fiscal cliff and present it to their caucuses on Sunday. But it remains unclear whether the last-minute package will delay or void pending military spending cuts.
ROME — General Electric has agreed to buy the aviation business of Italy’s Avio for $4.3 billion, GE announced Dec. 21.
LONDON — BAE Systems has sealed a 2.5 billion pound deal with Oman to supply Typhoon fighters and Hawk jet trainers to the strategically important Gulf state.
PARIS — The board of Thales has named Jean-Bernard Lévy as chairman and chief executive of the defense electronics company, succeeding Luc Vigneron, the company announced Dec. 20.
LONDON — BAE Systems is preparing to close a deal with Oman to supply Typhoon fighters and Hawk jet trainers to the country’s air force.
ISTRES, France — A board meeting of the French defense electronics company Thales slated Dec 20 will appoint Jean-Bernard Levy as chairman and chief executive, said Dassault Aviation Chief Executive Charles Edelstenne.
HELSINKI — Six employees of Finnish defense group Patria were charged Dec. 18 with bribery and corporate espionage in connection with a Slovenian defense contract for armored vehicles, Finnish prosecutors said.
PARIS – Dassault Aviation, maker of the Rafale fighter jet, has appointed Eric Trappier as chairman and chief executive officer, the company said on Dec. 18.
ROME — The resignation of Italy’s prime minister could complicate a major corporate shake-up planned by the Finmeccanica group involving the sale of civil assets, if ministers are reluctant to oversee the deal so shortly before leaving office, analysts have warned.
TEL AVIV — Despite the infighting and turf battles that typify Israel’s fiercely competitive defense industry, top executives here agree on one thing: The government must ease its grip over a bloated and ultimately unsustainable state-owned defense sector.
PARIS — The chief executive jobs at fighter jet maker Dassault Aviation and electronics company Thales could be decided in the coming week, published reports said.
At the beginning of 2013, the chairman of Rheinmetall Defence, Armin Papperger, will also become CEO of parent company Rheinmetall, following the retirement of Klaus Eberhardt.
Susan Rice has withdrawn from consideration to be U.S. secretary of state, a move that could pave the way for former GOP Sen. Chuck Hagel to become defense secretary.
SOFIA, Bulgaria — Several hundred workers at Bulgaria’s state-owned defense giant VMZ Sopot went on strike Dec. 13, demanding months of unpaid salaries amid efforts to privatize the company, trade unions said.
LONDON — British defense group BAE Systems has won a $400-million (306-million-euro) aircraft maintenance contract with the U.S. Navy, the company said Dec. 13.
NEW DELHI — Responding to an earlier U.S. investigation about the possible use of defective parts from China in military equipment, the Indian Defence Ministry has said that no Chinese suppliers were among the companies providing parts to aircraft sold by the United States to India.
Rolls-Royce has completed flight testing for their Series 3.5 T56 engine modification program, a major step for the new engines the company believes could expand the life of the U.S. Air Force's C-130 fleet through 2040.
PARIS — Airbus Military is on track to deliver the first A400M airlifter in the second quarter of 2013, following completion of 300 hours of flying function and reliability tests, a key part in the flight test program, the company said Dec. 10.
LONDON — The Lockheed Martin-Babcock consortium running Britain’s tri-service Military Flying Training System (MFTS) has re-launched a competition to find a fixed-wing service provider to supply and support elementary, basic and multi-engine aircraft.
LONDON — Thales UK has been picking up the cost of providing the British Army with a key intelligence, surveillance, target acquisition and reconnaissance (ISTAR) capability in Afghanistan for more than a year, as a result of the late delivery of its Watchkeeper unmanned air system (UAS).
PARIS — Sofradir has agreed to acquire advanced infrared detector activities from fellow French companies Sagem and Thales for an undisclosed amount, marking a further step in consolidation in the IR industry, Chief Executive Philippe Bensussan said.
WASHINGTON, OTTAWA and ROME — The prospect that Canada may drop the F-35 Joint Strike Fighter (JSF) entirely and Italy would trim its planned buy of the stealthy jet as Washington think-tanks urge the Pentagon to cut the program is raising concern that the world’s largest and most expensive defense program could be destabilized.
PARIS — A new shareholder deal for EADS that limits government intervention while bringing Germany in as a shareholder alongside France will likely accelerate mergers, acquisitions and joint venture deals for the European aerospace and defense company, experts said.
Executive compensation for top defense contractors may continue to be in the millions of dollars, but less of it will be coming from taxpayers if a clause in the U.S. National Defense Authorization Act (NDAA) survives conference and is signed into law by President Obama.
The U.S. Air Force has awarded the contracts for two Evolved Expendable Launch Vehicle (EELV)-class missions to SpaceX, the first such launches approved for the company.
PARIS — EADS has announced that Germany will buy a direct 12 percent stake in the European aerospace and defense company, as Berlin works toward equal footing with Paris. The plan allows industrial shareholders Daimler and Lagardère to sell down their stakes and creates new rules designed to prevent governments from interfering with operations and strategy.
LONDON — Ship repair yards Cammell Laird and the A&P Group have taken the lion’s share of a 349 million pound ($560.3 million) deal with the U.K. Ministry of Defence to undertake long-term maintenance of Royal Fleet Auxiliary (RFA) vessels.
FRANKFURT — Talks on changes in the shareholder structure of EADS, the parent company of aircraft maker Airbus, are continuing apace and could be completed very soon, the German economy ministry said Dec. 4.
PARIS — EADS, the maker of Airbus, said Dec. 3 it would protect the interests of its shareholders as talks toward a vast corporate revamp continued helping push the company’s share price skyward.
Without specifics on the impact of the automatic U.S. budget cuts on individual programs, and with guidance from the White House not to pre-emptively warn employees of potential layoffs, U.S. defense companies are holding out hope for a budget deal.
PARIS — Defense Minister Jean-Yves Le Drian has unveiled a package of 40 measures in a support plan for small and medium-sized enterprises (SMEs), intended as the French equivalent of the U.S. Small Business Act.
PARIS, — A prototype of a European combat drone, the Neuron, made its maiden flight Saturday from a base in the south of France, project leader Dassault Aviation announced.
As negotiations continue on potential sources of revenue for the U.S. government, and Congress seeks to avoid the combination of tax increases and budget cuts set to take effect next year, one subtle change could alter investment in defense companies.
The U.S. government’s suspension of contracts to oil supplier BP is not expected to hinder U.S. military operations even though the company provides the Defense Department 10 percent of its fuel.
Despite a sluggish global economy and spending cuts for key defense powers, the U.S. export market is doing well, deals are being approved more quickly, and the U.S. Department of State has taken an unprecedented position of authority on national security issues, a senior agency official said Nov. 28.
ZHUHAI, China — China’s UAVs have grown more teeth, according to the evidence on hand at this year’s Zhuhai airshow, an event that has expanded exponentially since its debut in 1996.
As the U.S. Defense Department digs deeper in its efforts to trim the fat in lean fiscal times, acquisition reform is confronting a structural problem that cannot be addressed by sequestration: an inexperienced acquisition workforce confronting increasing demands for complex decision-making that champions the bottom line.
NEW DELHI — India on Nov. 26 said long-time ally Russia would finally hand over a refurbished aircraft carrier next year and end a bitter dispute over the Soviet-era warship caused by rising costs and delays.
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