• Boeing reports defence revenue decline in Q2

    US aerospace and defence giant Boeing has reported second-quarter profits of USD1.653 billion from revenues of USD22.045 billion in financial results released on 23 July. The results show a profit rise of USD565 million and a revenue increase of USD230 million from the same period in 2013.

  • Details emerge of Vietnam's C295 purchase

    The three C295 transport aircraft that Vietnam has ordered from Airbus Defence and Space (DS) are scheduled to enter service with the Vietnamese air force from 2015, IHS Jane's understands. The purchase contract - thought to be secured in 2013 at a cost of about USD100 million - also includes the

  • European Parliament calls for 'stepped up' sanctions against Russia

    As the European Commission prepares new measures against Russia, members of the European Parliament (EP) said on 22 July that European Union (EU) sanctions against the country "must be stepped up" with arms flows across Ukraine's border brought to a halt by Moscow. Elmar Brok, chairman of

  • General Dynamics H1 revenue drops

    General Dynamics' (GD's) revenues decreased by USD360 million to USD7.47 billion and net profits slipped by USD99 million to USD541 million in the second quarter of its 2014 financial year, according to mid-year results released on 23 July. The decline in net earnings was attributed to a USD105

  • Mexican Navy details aviation expansion plans

    The Mexican Ministry of the Navy (SEMAR) is continuing its 2013-18 naval aviation modernisation and expansion plan through the procurement of 10 Airbus Helicopter AS565 MBe Panthers, two EC225 LP helicopters, and a single Bombardier Challenger 605 aircraft, according to SEMAR's outreach unit

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  • France receives first upgraded AWACS aircraft

    France's air force has received back into service the first of four upgraded Boeing E-3F Airborne Warning and Control System (AWACS) aircraft, the company announced on 22 July. This first mid-life upgrade (MLU) aircraft (serial number 202) was completed in February, having been modernised by Boeing
  • Croatia seeks PzH 2000 purchase

    Croatia's plans to purchase PzH 2000 155 mm tracked self-propelled artillery systems received a substantial boost on 14 July when the Defence Committee of the Croatian Parliament moved to support their acquisition. Although this committee deliberated in a closed session, media reported that Croatia
  • Indian Navy takes delivery of first anti-submarine corvette

    The Indian Navy has taken delivery of its first Kamorta (Project 28)-class anti-submarine warfare (ASW) corvette, Minister of State for Defence Rao Inderjit Singh confirmed on 22 July. In a written reply to a parliamentary question, the minister said that first-in-class INS Kamorta was delivered to

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