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EADS gets three-month moratorium on A400M
even countries have signed a three-month moratorium on the A400M military plane, a French Defence Ministry spokesman confirmed on Tuesday, formalising a reprieve which was offered to planemaker Airbus last month.
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UK orders more Jackal patrol vehicles
A fleet of nearly 200 new armoured vehicles has been ordered by the British Ministry of Defence to support frontline troops on operations, it was announced yesterday.
Rosoboronexport projects $7 bln in arms exports this year
Russia's state arms exporter Rosoboronexport is expecting $7 billion in foreign sales in 2009 despite the ongoing global economic crisis, a defense industry official said on Wednesday.
Defence firm Saab Q1 profit falls, to cut jobs
Defence and aerospace firm Saab posted a bigger-than-expected fall in first-quarter operating profit on Thursday, hit by the economic downturn, and said it planned to cut 300 jobs at the group.
Meggitt sees year in line on energy, defence ops
British aerospace company Meggitt said on Thursday full-year results would meet its expectations thanks to its energy and defence operations and aided by currency effects.
Boeing says outlook unclear on production
Boeing, the US aircraft maker, yesterday said it would be prepared to cut production further should economic conditions worsen. It said quarterly profits had halved.
Budget 2009 – UK aerospace and defence industry reaction
The Society of British Aerospace Companies (SBAC), the UK's aerospace, defence and security trade association, has today (Wednesday) reacted to the Chancellor's Budget speech to the House of Commons as follows:
Accommodation boost for forces
Alistair Darling pledged £50m towards accommodation for the armed forces as a reward for the "courage and professionalism" of the military services.
India's private defence sector will not be affected by economic downturn, says industry body
The growth of India's private defence sector is unlikely to be affected by the global economic slowdown, a director of the Federation of Indian Chambers of Commerce and Industry (FICCI) has said.
Gates to meet U.S. senator on arms chief, tanker
Defense Secretary Robert Gates is due to meet Senator Richard Shelby on Thursday to discuss the nominee for chief Pentagon weapons buyer and a long-delayed aerial refueling plane competition.
JSF security breach linked to China
China has denied allegations that it hacked into a Pentagon IT system and recovered plans for the Joint Strike Fighter (JSF).
MoD facing billions in cuts in 2010
The MoD is facing a funding time bomb after Alistair Darling's yearly budget revealed that next year the ministry's funding will be slashed by £2bn.