Category: News

26/11-26/04

Five months past the attacks on Mumbai, the promise of tangible Indo-Pak cooperation has become more urgent but remains just as distant. India has been unable to persuade Pakistan on several counts. It would like its neighbor to take an unequivocal and committed stand and refrain from dragging its feet going after the perpetrators of 26/11.

Dassault responds to Rafale rejection

A source at Dassault told StratPost, “Other bidders might say on paper that they meet the requirements of the RfP. But if the others bidders say they meet the RfP requirements they are lying.” Dassault has warned the claims made by bidders for the MMRCA may be exagerrated and may end up scuttling the process.

Rafale ejection from MMRCA race confirmed

Sources in the Indian Ministry of Defense told StratPost the aircraft was out of the running for failure to meet the General Staff Qualitative Requirements (GSQR) during the technical evaluation. Read the whole story behind the reasons for the disqualification of Dassault’s aircraft.

IAI denies wrongdoing in MRSAM deal

The allegations of impropriety raised against the $1.4 billion Medium Range Surface-to-Air Missiles contract with Israel Aerospace Industries have elicited a response from the IAI, which has come out with a guarded denial to these allegations by issuing a statement without naming any specific contract, customer or country.

Release: Israel Aerospace Industries Financial Report ’08

• Sales in 2008 reach $3.6 billion, compared to $3.3 billion in 2007, an increase of 9 percent

• $91 million net profit in 2008, compared to $118 million in 2007, a decrease of 23 percent

• Profit before early retirement expenses reaches $195 million, compared to $157 million in 2007, an increase of 24 percent

• Backlog as of December 31, 2008, reach $7.1 billion, reflecting two years worth of sales

• Cash flow from current projects reaches $123 million