MILPLEX

The Military Industrial Complex

2,104 articles

Finmeccanica's India troubles poorly timed
Feb 19, 2013 (UPI)
Italian aviation manufacturer Finmeccanica's troubles in India over an alleged bribery scandal are poorly timed amid ambitious plans for expansion in Latin Amer...
Europe's armsmakers scramble for Libya
Feb 18, 2013 (UPI)
European defense companies are scrambling to re-equip Libya's post-Moammar Gadhafi military forces in an undeclared arms race. British Prime Minister David Came...
Russia's defense talks with Egypt part of regional arms drive
Feb 18, 2013 (UPI)
Russia's discussions with Egypt on a $3 billion arms deal underlines a major drive by Moscow to boost arms sales in the Middle East as it strives to upgrade its...
Crisis-hit arms market shrinks, first time since 1994: SIPRI
Feb 18, 2013 (AFP)
For the first time since the mid-1990s, sales of the 100 biggest arms dealers excluding China declined in 2011 as the economic crisis prompted budget cuts, a St...
UAE signs $1.42 bn defence deals
Feb 18, 2013 (AFP)
The United Arab Emirates said on Monday it signed 17 defence contracts to purchase military equipment worth $1.4 billion including US manufactured Predator dron...
India says to cancel scandal-plagued Italian helicopter deal
Feb 15, 2013 (AFP)
India on Friday said it had taken steps to cancel a contract for 12 Italian helicopters amid allegations the deal was won through kickbacks as the head of the s...
France seeks Indian defense contracts
Feb 15, 2013 (UPI)
French President Francois Hollande has met with Indian Prime Minister Manmohan Singh with a special look at defense relations on the agenda. Underscoring the im...
Italian bribery scandal shakes Indian politics
Feb 15, 2013 (AFP)
India's government struggled to contain the fall-out Friday from a fresh corruption scandal involving the purchase of Italian helicopters for VIPs which has blo...
Indian helicopter defense deal unresolved
Feb 14, 2013 (UPI)
The Indian Ministry of Defense is pondering a $1.5 billion deal for 197 light utility helicopters. The hotly contested Indian contract for the helicopters is fa...
In India, French president pushes $12bn jet deal
Feb 14, 2013 (AFP)
French President Francois Hollande made a fresh push Thursday to clinch the world's biggest defence deal, the $12 billion sale of 126 warplanes to India, during...
As Libya trains new army, defense industries hope for contracts
Feb 14, 2013 (UPI)
The United States and Europe are training recruits for Libya's post-Gadhafi military, raising expectations it will revive stalled defense procurement. Western d...
India's defence ambitions hinge on 'over-extended' firm
Feb 13, 2013 (AFP)
India wants to throw off the tag of world's biggest arms importer and produce its own top-class weaponry, but its ambitions hinge on a state-run group renowned ...
Russia says supplying Syria, Mali with arms
Feb 13, 2013 (AFP)
Russia said Wednesday it was delivering military hardware and light weapons to the governments of Syria and Mali as it expands sales and maintains its footing i...
Mitsubishi Electric pays $810 mn in overcharge penalties
Feb 13, 2013 (AFP)
Mitsubishi Electric said Wednesday it has paid the Japanese government about $810 million after it inflated fees for defence and other contracts, the latest in ...
India vows to scrap Italy chopper deal if graft proved
Feb 13, 2013 (AFP)
India threatened Wednesday to cancel a deal to purchase 12 helicopters from the Italian firm Finmeccanica if an official inquiry proved the contract worth nearl...
Pentagon creates new medal for cyber, drone warriors
Feb 13, 2013 (AFP)
The Pentagon unveiled a new medal on Wednesday to honor "extraordinary" troops who launch cyber attacks or drone strikes from their consoles, even if they do no...
Canada urged to become major arms producer
Feb 12, 2013 (AFP)
An expert panel on Tuesday urged Canada to leverage hundreds of billions of dollars in planned defense spending to build up its defense sector, in order to bols...
Italy defence firm chief arrested for India bribes: reports
Feb 12, 2013 (AFP)
Italian police on Tuesday arrested the chief executive of aerospace and defence giant Finmeccanica for corruption and embezzlement in relation to alleged bribes...
India, Italy remain in standoff over trial of Italian marines
Feb 12, 2013 (UPI)
Italy said it is headed for a clash with India over the likely prosecution of two Italian marines awaiting trial in New Delhi for the deaths of two fishermen. I...
Looming budget cuts would damage US military: Obama
Feb 08, 2013 (AFP)
President Barack Obama on Friday warned that looming budget cuts would damage the US military's readiness and urged lawmakers to strike a deal to avoid the mass...
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