It is no longer mandatory for a defense venture in India to ensure that a single Indian entity holds at least a minimum of 51% in a local defense venture. In special cases, 100% foreign direct investment (FDI) has been allowed. The change in foreign ownership limits arrives after the campaign pledge made by Prime […]
Defense Department to invest in underwater drones, sea mines, high speed strike weapons, laser and rail gun technologies in FY 2016
On March 17, 2015 Deputy Secretary of Defense Bob Work gave a speech at the Credit Suisse Defense Conference in Washington, D.C., in which he mention the fact that the Pentagon is investing in what he calls “potentially game changing new technologies.” Bob Works even went so far as to name some of them. By […]
US Defense Secretary calls attacks in Canada “appalling”
On October 22, 2014 the Secretary of Defense Chuck Hagel issued the following statement regarding the shooting incident at the Canadian Parliament building and soldier guarding the tomb of the unknown: “I join all the men and women of the U.S. Department of Defense in offering my deepest condolences to the family and friends of […]
“Unmanned systems are going to be central to the future”, explains Deputy Secretary of Defense Robert Work to U.S. troops in Korea
On August 22, 2014 Robert Work, the Deputy Secretary of Defense met with troops serving in the Republic of Korea. There he asked for and received questions regarding a variety of topics. One in particular dealt with unmanned planes from Staff Sergeant Toms who works in the air defense artillery branch of the 6th […]
General announces an air defense system being developed in Iran much more advanced than the Russian S-300 long-range air-defense missile system
Lieutenant Commander Brigadier General Hossein Salami of the Islamic Revolutionary Guards Corps announced on Saturday the development of a top secret missile defense shield said to be more powerful and accurate than the Russian S-300 long-range air-defense missile system. “An air defense system more advanced than what they didn’t supply to us due to their strategic interests […]
Putin visits Russian National Defense Readiness Center
On May 8, 2014 President of Russian Federation – Vladimir Putin observed a training session to test the administration of the Russian Armed Forces, which focussed on the deployment of individual units and divisions of missile forces, artillery, aviation, air defense and aerospace defense forces. Observing the training session together with the President of Russia […]
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