Business

$5.1 billion India-South Korea minesweeper deal talks collapse – reports

A $5.1 billion deal between India and South Korea to manufacture 12 new mine counter-measures vessels has collapsed, according to reports.

Read More »

German foreign minister says no large arms exports to Turkey until jailed journalist released

German Foreign Minister Sigmar Gabriel said there would be no large-scale arms exports to Turkey unless a Turkish-German journalist is released from prison.

Read More »

US approves sale of missiles, torpedoes and ammunition to Mexico for new Dutch-built naval vessel

The US State Department approved the sale of Harpoon and RAM missiles, torpedoes and ammunition to Mexico for a new naval patrol frigate

Read More »

Boeing to produce 6,000 Small Diameter Bombs for US Air Force and foreign military sales

Boeing was awarded a $194 million contract to produce 6,000 Small Diameter Bombs for the US Air Force and for sale to six foreign governments

Read More »

India to buy $270 million-worth of Israeli missiles and Russian bombs

India is to buy Barak surface-to-air missiles from Israel and precision bombs from Russia in deals worth $270 million, the Indian ministry of defense said

Read More »

Raytheon awarded $634 million contract for AMRAAM air-to-air missiles

Raytheon has been awarded a $634 million contract for production of Advanced Medium-Range Air-to-Air Missiles (AMRAAMs), with many earmarked for foreign military sales

Read More »

Northrop Grumman awarded $255 million contract for 3 MQ-4C Triton drones

Northrop Grumman has been awarded a $255 million contract for the production of three MQ-4C Triton unmanned aerial vehicles for the US Navy

Read More »

Nigeria says US agrees sale of 12 A-29 light attack aircraft in $593 million deal delayed by Obama

Nigeria's air force said the United States agreed to sell 12 A-29 Super Tucano aircraft, re-activating a deal stalled by Obama over human rights concerns

Read More »

Boeing wins $480 million contract for Saudi Arabia F-15 repair support

Boeing has been awarded a $480 million contract for repair support services for Saudi Arabia's F-15 fleet

Read More »

Russia delivers 10 Su-35 fighter jets to China – report

Russia has sent a second lot of 10 Sukhoi Su-35 multirole fighter jets to China under a 2015 contact, Tass reported

Read More »