Business
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Feb- 2018 -19 February
Russia and Saudi Arabia discuss transfer of technology in S-400 missile defense system deal
Russia and Saudi Arabia are discussing transfer of technology and logistics as they finalise the deal for the S-400 air defense missile system, the Saudi Ambassador to Russia said.
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19 February
Russia’s Mikoyan says MiG-35 multi-role fighter jet completes factory trials
Russia's Mikoyan said its MiG-35 low-cost high-function super-maneuverable multirole fighter jet has completed factory trials, paving the way for serial production to begin
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15 February
Russia’s Kalashnikov becomes majority private-owned
Private investors have for the first time gained a majority share of Russia's Kalashnikov arms manufacturer, producer of the famed AK-47 assault rifle, the company said
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15 February
Russia and Indonesia finalize Su-35 contract
Russia and Indonesia finalized a deal for the purchase of 11 Sukhoi Su-35 multirole fighter jets for the Indonesian Air Force, ending more than 2 years of negotiations
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14 February
UK submits final offer for 34 Eurofighter Typhoons to Belgium
The UK Ministry of Defence submitted to Belgium its final offer for 34 Eurofighter Typhoon swing-role combat aircraft plus support, training and cooperation on cyber capabilities in the competition to replace Belgium’s F-16s
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14 February
India to procure more than 745,000 rifles and machine guns
India's Defence Acquisition Council approved the purchase of more than 745,000 small arms along with torpedo decoy systems, in procurements valued at approximately 159 billion rupees (almost $2.5 billion)
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12 February
Latvia to buy Israeli Spike guided missiles for CVR-T vehicles for €108 million
Latvia is to buy Israel-made Spike anti-tank guided missiles for it CVR-T armored vehicle fleet for €108 million ($132 million)
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9 February
US Air Force orders more 30,000 pound GBU-57 bunker buster bombs
The US Air Force contracted Boeing to produce GBU-57 Massive Ordnance Penetrator precision-guided "bunker buster" bombs, a Department of Defense release said.
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9 February
Philippines’ Duterte cancels Canada Bell helicopter deal
Philippine President Rodrigo Duterte abruptly cancelled a US$235 million contract to buy 16 helicopters from Canada after Prime Minister Justin Trudeau's government ordered a review over human rights concerns.
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8 February
Russia to order 12 fifth generation Su-57 stealth fighters to “test combat use”
Russia is to order 12 of the fifth generation Sukhoi Su-57 stealth fighter aircraft this year, and expects 14 Su-30SM fighters to be delivered in 2018
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