Procurement InnovationThe U.K. Ministry of Defence today awarded a GBP 30 million contract to build a brand new warship to VT Group. The new Offshore Patrol Vessel (OPV) is being acquired under an innovative Public-Private charter, including a logistic support...
Red flag to abull defense marketReuters reports that China is likely to announce yet another year of double-digit growth in its defense budget in the next week, with expectations hovering in the 10-12% range. Officially, defense spending grew about 11 percent last...
The heart of the matterThe U.S. campaign to dissuade Europe from lifting its arms embargo against China is bearing some fruit in Britain, where many suppliers consider the USA to be an important customer. Nevertheless, European Union is expected to lift its partial...
India’s military budget will increase by 7.8% to 830 billion rupees ($19 billion), a figure far below its original figures and one that is causing some analysts to question whether India’s list of military modernization programs can be sustained. Recent...
Made in…? ExpressIndia reports that India is poised to become a key outsourcing hub for global aerospace and missile companies, including France-based MBDA missile systems, BAE and Rolls-Royce, Lockheed Martin, Northrop Grumman, and others. Perhaps...
