June 07, 2011 Military Aviation News
06/07/2011
Tactical Air Defense Services, Inc. (OTCQB:TADF), an Aerospace/Defense Services contractor that offers tactical aviation services, aerial refueling, aircraft maintenance, and other Aerospace/Defense services to the United States and Foreign militaries and agencies, is pleased to announce that it is has executed a letter of intent ("the "LOI") with its pending merger partner, Tactical Air Support, Inc. ("Tac-Air") to acquire certain military aircraft and related aircraft assets (together, the "Ai
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06/07/2011
Israel's High-Tech Industry Association has signed a memorandum of understanding with its Indian counterpart to boost cooperation in advanced technology, a move that will undoubtedly increase the Jewish state's burgeoning defense sales to India. The Jerusalem Post reports that industry executives see the accord with the Confederation of Indian Industry, signed June 1, leading to a convergence of "Israel's innovative prowess with India's huge and talented pool of human resources."
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06/07/2011
Boeing has moved on from its loss in India’s Medium Multi-Role Combat Aircraft competition and is now focusing on other opportunities in that country, while also preparing to compete for fighter contracts in Japan and South Korea. “Although we’re disappointed with the results of the fighter campaign in India, we’ve moved forward,” Boeing Defense, Space and Security CEO Dennis Muilenburg told journalists during a press briefing at the Shangri-La Dialogue in Singapore June 3.
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06/07/2011
India's government on Monday approved the purchase of 10 military transport planes from Boeing Co. for 4.1 billion dollars - the country's biggest defence deal with a US firm. The order for the C-17 Globemaster III planes will enhance the capability of India's air force to swiftly transport combat equipment and troops over long distances. It was confirmed at a meeting of the Cabinet Committee on Security Affairs (CCS).
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06/07/2011
Lockheed Martin [NYSE: LMT] announced today it submitted a proposal in response to the government’s Request for Proposal (RFP) for the next phases of the Joint Air-to-Ground Missile (JAGM) program.
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06/07/2011
Russia's Rosvertol attack helicopter producer said on Monday it is in talks with Algeria over exports of its Mi-28NE for delivery from 2012-2017. "A commercial proposal has already been sent [to Algiers] and discussions will begin this year," Rosvertol General Director Boris Slyusar said. "We hope to sign a contract for delivery in 2012-2017." Rosvertol is the attack helicopter arm of the state-owned Russian Helicopters holding company.
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