NEWS

news

After eight months of negotiations France and Russia have reached a deal on the amount Paris must pay Moscow in compensation for the non-delivery of two Mistral warships, a senior Russian official said. "The negotiations are completely finished, everything has already been decided, both the time-frame and the amount," President…

news

Plane maker Airbus Group SE said Friday its net profit rose 5 percent in the second quarter to 732 million euros ($805 million) despite a one-time charge stemming from the crash of one of its military transport planes in Spain. Profits were dented by a 290 million euro charge related…

news

Russia is modernising its S-300 missile system to supply to Iran, an adviser to Russian President Vladimir Putin said on Thursday, RIA news agency reported. "It has partially been updated, separate elements are still being updated," said Vladimir Kozhin, a presidential adviser on military matters, referring to the S-300 system.…

news

The United States will deliver eight F-16 Block 52 aircraft to Egypt within the next two days, the U.S. embassy in Cairo said in a statement on Thursday, part of a military package that had been unfrozen earlier this year. The statement said Washington would deliver four more F-16s to…

news

The U.S. State Department has approved the possible sale to Saudi Arabia of $5.4 billion in additional PAC-3 missiles built by Lockheed Martin Corp, the Pentagon said on Wednesday. The Defense Security Cooperation Agency said the sale would benefit a key U.S. partner in the Middle East. Notification to Congress…

news

The U.S. Defense Department on Wednesday awarded a team led by Leidos Holdings Inc a contract valued at up to $4.34 billion to build a new electronic health record system for 9.6 million current and retired military service members. The Defense Healthcare Management System Modernization contract, included in the Pentagon's…

news

Boeing and the U.S. Navy today extended advanced airborne electronic attack (AEA) capability to a key U.S. ally, presenting the Royal Australian Air Force (RAAF) with its first EA-18G Growler. Australia is the first country other than the U.S. to obtain this aircraft. “The Growlers will complement our existing and…

news

Philippine generals on Wednesday asked Congress to almost triple annual defence spending over the next five years to upgrade equipment amid an escalating marine dispute with giant neighbour China. The Philippines currently is in the middle of a 998 billion pesos (£14 billion) 15-year plan to modernize its armed forces…

news

Harris Corp. was chosen by the U.S. Navy for a two-year, $29 million full-rate production contract to provide key avionics components to enhance targeting capabilities for the Navy and Australian versions of F/A-18E/F and EA-18G aircraft. The avionics are a critical part of the Distributed Targeting System and will improve…

news

French and German armoured vehicle makers Nexter and KMW will seal their long-planned merger on Wednesday, the French defence ministry said, combining the Leclerc and Leopard tank brands in what could be a blueprint for more European defence consolidation. French state-controlled Nexter Systems and privately-held Krauss-Maffei Wegmann GmbH & Co…