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UK MoD Invests £1.1 Billion In Future Military Flying Training

More than a billion pounds is to be invested by the Ministry of Defence to continue the modernisation of military flying training in the...

India increases defence spending, invites foreign investment

India announced Thursday it would lift the cap on foreign direct investment in the defence sector to 49 percent and announced a 12-percent rise...

Military aircraft avionics market set to reach $16.94bn in 2012

New analysis indicates that the military aircraft avionics market will reach a value of $16.94bn in 2012, as militaries around the world continue to...

Task Force seeks $7 billion in energy investments

A new Army task force is trying to convince private industry to invest in solar energy, wind power and other renewable-energy projects on military...

Europe to invest in vehicle survivability market

The European vehicle survivability market was hitherto fueled by increasing urgent operational requirements (UOR) related to the ongoing wars in Iraq and Afghanistan. With...

Taiwan to relax China high-tech investment limits

Taiwan is to relax controls on investments from mainland China in the island's high-tech companies, a senior economic official said Sunday. The move is yet...

Obama Asks for $671 Billion Defense Budget in Fiscal 2012

President Barack Obama's fiscal 2012 defense budget request continues the department's reform agenda, but protects personnel and family programs, Pentagon officials said. Overall, the Defense...

Gates Reveals Budget Efficiencies, Reinvestment Possibilities

The Defense Department has found $154 billion in efficiencies over the next five years and will be able to invest $70 billion of that...

DoD Announces $150 Billion Reinvestment from Efficiencies Savings

Secretary of Defense Robert M. Gates announced today a series of efficiencies decisions designed to save the Department of Defense more than $150 billion...

Gates reveals budget efficiencies, reinvestment possibilities

Defense Department officials have found $154 billion in budget efficiencies over the next five years and will be able to invest $70 billion of...