The Military Industrial Complex
February 08, 2010
BAE to pay 450 million dollars in fraud fines
London (AFP) Feb 5, 2010
Defence giant BAE Systems agreed Friday to pay nearly 450 million dollars to settle anti-corruption charges brought by Britain's Serious Fraud Office and the US Department of Justice. The fines - 400 million dollars to the DoJ, and 30 million pounds (47 million dollars) to the SFO - relate to investigations into BAE deals with countries including Tanzania, the Czech Republic, Hungary and S ... read more

Taiwan to seek more arms despite improved China ties
Taipei (AFP) Feb 7, 2010
Taiwan's defence minister has vowed to seek more weaponry from the United States, which he said would give the island greater confidence in pushing for rapprochement talks with China. The remarks come as Beijing and Washington are locked in an escalating row over a massive US arms sale to Taiwan, which Beijing insists is part of its territory awaiting reunification, by force if necessary. ... more

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Paris, Berlin, Madrid push for A400M deal
Paris (UPI) Feb 4, 2009
France, Germany and Spain are pushing for quickly ending the deadlock over financing for the troubled Airbus A400M military transport plane. After meeting on Thursday in Paris, German Chancellor Angela Merkel and French President Nicolas Sarkozy called for a quick solution to the funding crisis for Europe's biggest defense project. "Everything must be done to reach a solution," S ... more

Paris asks partners to pay extra 1.5 billion euros for A400M
Istanbul, Turkey (AFP) Feb 4, 2010
Paris has urged its partners in the A400M project to provide up to an extra 1.5 billion euros to get the military carrier off the ground, Defence Minister Herve Morin said Thursday. The sum comes on top of two billion euros already envisaged by the seven partner countries, but still falls short of the 6.4 billion that Airbus parent company EADS is seeking from its clients to finance the proj ... more

Pindad delivers more Panzer APCs
Jakarta (UPI) Feb 4, 2009
Small arms and vehicle maker Pindad has delivered to the military 33 Panzer armored personnel carriers, of which 13 are for peacekeeping duties in Lebanon. The latest delivery of the APC-2 6X6 is part of an order for 150 Panzers signed in 2008. All are due for delivery by the end of this year. The government-owned manufacturer delivered 20 last February, followed by 40 in July, a ... more

'Tough choices' for British defense review
London (UPI) Feb 3, 2009
The British Defense Ministry has no choice but to drastically cut back on military equipment spending, it said in a strategy paper published Wednesday. "We can no longer set out to buy as much as we did previously," reads the ministry's so-called Green Paper, which tabled some of the numerous questions London will have to answer in its defense review to be drafted after the elections. ... more

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  • US to go ahead with tanker plane even without Airbus: Gates


  • Obama budget tries to ease strain on stretched US military


  • Gates fires general, withholds funds over F-35 problems


  • Oshkosh To Supply Recapitalized HEMTT A4s
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    Libya's Russian deal boosts arms race
    Tripoli, Libya (UPI) Feb 1, 2009
    Libya's $1.8 billion arms deal with Russia comes amid a major rearmament program by the leading North African states, although it is dwarfed by Algeria's $7.5 billion arrangement with Moscow in 2006. The most contentious weapons system that Moammar Gadhafi's regime will acquire in the deal announced in Moscow Saturday is the S-300PMU2 air-defense missile, one of the most advanced in the ... more

    Airbus A400M deal possible this week: French minister
    Paris (AFP) Feb 1, 2010
    French Defence Minister Herve Morin expressed hope on Monday that the governments buying Airbus's over-budget A400M military plane could reach a deal on the project's huge cost overruns this week. Morin said the matter could be settled when he holds talks with his counterparts from the seven client governments at a NATO meeting in Istanbul on Thursday and Friday. "We will meet on the mar ... more

    India Orders M777 155mm Howitzers
    Washington DC (SPX) Feb 01, 2010
    The Defense Security Cooperation Agency notified Congress Jan. 22 of a possible Foreign Military Sale to India of 145 M777 155mm Light-Weight Towed Howitzers with Laser Inertial Artillery Pointing Systems (LINAPS) and associated parts, equipment, training and logistical support for a complete package worth approximately $647 million. The Government of India has requested a possible sale of ... more

    Libya strikes billion-dollar Russian arms deal
    Moscow (AFP) Jan 30, 2010
    Libya has struck a deal to buy Russian arms worth almost two billion dollars, Russian news agencies quoted Prime Minister Vladimir Putin as saying Saturday. "Yesterday (Friday), a contract worth 1.3 billion euros (1.8 billion dollars) was signed. It does not only involve firearms", Putin was quoted as saying by Ria Novosti and Interfax. Putin was speaking following a meeting with the hea ... more

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  • Despite rift, Obama keeps Israel armed


  • Russia 2009 arms exports defy recession


  • China urges EU to lift arms embargo


  • Fate of Airbus A400M still uncertain
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