January 07, 2013 Military Aviation News
01/07/2013
A Russian bank will handle a $400 million loan to Indonesia for the purchase of six more Su-30 jet fighters. The Russian government is guaranteeing the seven year loan. Indonesia agreed to this purchase a year ago, but sorting out details delayed closing the contract until recently. Indonesia already has ten Su-27s and Su-30s, but wants at least 16 of these modern aircraft so they will have a full squadron.
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01/07/2013
Battling the ongoing economic slowdown, the Centre has effected a five per cent cut in the Rs.1.93-lakh-crore defence budget for this financial year. The cut is estimated to be around Rs.10,000 crore, Defence Ministry sources said. It is likely to put the brakes on ambitious plans of modernisation within the Army, the Navy and the Air Force and push, to the next fiscal, several key acquisition plans.
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01/07/2013
In the weeks leading up to the dreaded "fiscal cliff," the U.S. military flung open its coffers and awarded a slew of defense contracts before Jan. 1, when automatic spending cuts had been scheduled to take effect. Agencies within the Department of Defense committed billions of dollars to the contract pipeline in December — for everything from fighter jets and missiles to training simulators and construction projects.
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01/07/2013
As political tensions increase in East Asia, various pundits are questioning American strategy and ability to address security issues. Most of these questions challenged President Obama’s “Asia Pivot” – the new American defense strategy that calls for strengthening American military might in the Asia-Pacific. This debate resurfaced as North Korea launched a satellite on December 12th.
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01/07/2013
Plans on where to base the U.S. military's next-generation fighter jet, the F-35, concern people in communities from California to Florida to Maine who worry the aircraft are too loud. In Vermont, where the Air National Guard has flown planes from Burlington International Airport for more than 60 years, opponents are especially vocal. But in other communities, even some long accustomed to the roar of military aircraft, the noise of the F-35 has been an issue.
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