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Rostec may cede control of iconic Kalashnikov arms manufacturer

Kalashnikov AK 47Rostec, Russia’s state-run industrial holding company, is considering lowering its stakeholding in the iconic Kalashnikov small arms manufacturer from 51% to 25% line plus one blocking vote, its CEO Sergey Chemezov said yesterday. 
One of the country’s best-known brands (more…)

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Ankara thanks Russia for support over Turkish coup as relations thaw further

turkish coupTurkish coup: Turkish Foreign Minister Mevlut Cavusoglu today expressed his country’s gratitude to Russia for its “unqualified” support during the attempted military coup earlier this month and indicated that Presidents Erdogan and Putin would be meeting at next month’s G20 meeting in Hangzhou, when the two men would discuss “the removal of economic barriers and other steps to restore relations.”
According to reports in the Iranian Farsnews media agency last week, the speed with which the coup was thwarted in part due to intelligence supplied to Ankara by Russian listening stations in northern Syria and which may have forced the plotters to move sooner than planned. 

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Beijing confirms launch of China Aerospace Engine Group as Hague ruling pushes up defence shares

Spratly IslandsChina Aerospace Engine Group: Shares in Chinese defence shares have moved sharply upward after Beijing confirmed that it was planning to invest heavily in the China Aerospace Engine Group, its new national aircraft engine company that is to coordinate the government’s drive to develop the country’s aerospace and defence ambitions. The government is now expected (more…)

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Airbus eyes up Russian Helicopters

Russian HelicoptersThe Russian government may sell a controlling stake in  Russian Helicopters to Airbus as part of its privatisation programme, the country’s Economic Development Minister Alexei Ulyukayev told reporters after a meeting with representatives of the French business community, claiming that (more…)

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49% ownership rule blocking FDI in Indian defence sector, says Airbus chief

Airbus President Pierre de BaussetGovernment rules restricting foreign ownership in the Indian defence sector to 49% are undermining New Delhi’s drive to attract investment in the country’s manufacturing industries, a senior executive at European conglomerate Airbus Group claimed yesterday.
Pierre de Bausset, (more…)

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Russian defence chief visits Baku to sort out payment for Azeri arms deal

Deputy Prime Minister Dmitry RogozinAzeri arms deal: Dmitry Rogozin, the Deputy Prime Minister of Russia with responsibility for its defence industry last week made an unexpected visit to Baku to find out why President Ilham Aliyev’s government is refusing to pay for a shipment of weapons that it ordered several years ago, but which is now sitting in port waiting for payment. 
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Lockheed Martin ready to build F16 jets in India as G2G talks continure

Lockheed Martin F16US fighter jet manufacturer Lockheed Martin is ready to set up a plant to produce its F-16 aircraft in India, CEO Phil Shaw told reporters on the opening day of the Singapore Air Show 2016. “We…support the Make in India initiative,” he said, although (more…)

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Trade Minister floats possibility of Russian Helicopters privatisation

Russian HelicoptersRussian Helicopters privatisation: The Russian government may sell its stake in Russian Helicopters this year and possibly to a foreign investor, the country’s Minister of Industry and Trade Denis Manturov said last week. “We’re always (more…)

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Moscow looks at part privatisation of Russian Helicopters by year end

Ka 52 HelicopterRussian Helicopters could be partly privatised this year, with a 25% stake being sold to a strategic investor is being considered, according to Industry and Trade Minister Denis Manturov. “It all depends on the situation, but we hope that it will happen this year,” he said yesterday.
With (more…)

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Rostec in technology JV talks with Iran’s industrial sector – Chemezov

Rostec CEO Sergey Chemezov

Rostec CEO Sergey Chemezov

Bloomberg

Russia’s state-run industrial holding company Rostec has been holding talks in Tehran around the possibility of establishing technology-based partnerships with Iran’s industrial sector. Projects under discussion have included Russian-built rotorcraft and aircraft engines, automated control systems and high-tech optical products.
“The Iranian market (more…)

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India and Russia close to five S-400 anti-aircraft systems deal

S-400 anti aircraft missile systemIndia is close to buying at least five S-400 anti-aircraft systems from Russia for $2.5bn as part of a larger deal believed to be worth around $7bn, unnamed sources in Delhi told Kommersant yesterday. Officials from the two countries are due to meet later in the week where they are also expected to discuss the purchase of two Varshavyanka-class diesel-electric submarines, 48 Mi-17V-5 military transport helicopters, 150 BMP-2/2K armoured vehicles and three Project 11356 frigates. 
India is Russia’s biggest military hardware client and spent $4.7bn last year – 28% of Russia’s total arms exports. 

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Russia and China sign $2bn Sukhoi Su-35 fighter jet deal

Sukhoi Su-35

Sukhoi Su-35

wikipedia

Russia has agreed to sell 24 Sukhoi Su-35 jets to China for more than $2bn, the first sale of its cutting-edge warplane to a foreign country. The deal strengthens the military bonds between Russia and China which has been one of Moscow’s key ambitions in the wake of its falling-out with the West over last year’s annexation of Crimea last year.
The choice of China as the first foreign buyer of the fourth-generation Su-35, one of Russia’s most advanced fighters, “reflects the high level of mutually beneficial cooperation and depth of our strategic partnership,” Rostec’s Victor Kladov said.

 
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Russia agrees to sell Iran S-300 surface-to-air missiles

S-300 anti-aircraft missile system

S-300 anti-aircraft missile system

Vitaly V. Kuzmin / Wikicommons

Russia has signed a contract to supply Iran with sophisticated S-300 surface-to-air missiles following the lifting of international sanctions on Tehran earlier this year. Israel, the US and Saudi Arabia are all opposed to the contract.
Russian officials (more…)

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Syrian bombings costing Russia $4m a day, say analysts

Jet fightersSyrian bombings: The bombing campaign in Syria is costing Moscow up to $4m per day, according to data collated for the The Moscow Times by the Jane’s think tank which calculates that the bombing raids, supply runs, infrastructure and ground personnel — along with a salvo of cruise missiles fired into the conflict zone — have cost (more…)

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Egypt eyes up Russia’s Mistral helicopter carriers

Mistral helicopter carrierEgypt may end up buying the two Mistral helicopter carriers that were originally destined for Russia, it was revealed, today after a high-level Egyptian delegation arrived in Paris to negotiate their purchase along with two Gowind corvettes.
According (more…)
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Sarmat nuclear missile construction schedule slips again

Russian missile launchThe schedule for the development of Russia’s flagship  Sarmat heavy intercontinental ballistic missile looks to have slipped again, despite an unnamed source telling the TASS news agency that tests due to start in 2016. The agency is now also reporting (more…)

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Algeria orders 14 Sukhoi fighter jets

Sukhoi Su 30MKI fighter jet

Sukhoi Su 30MKI fighter jet

Russia and Algeria have signed a contract for the sale of 14 Russian-made Sukhoi fighter jets, Rostec CEO Sergei Chemezov announced last week. The deal was actually signed in the spring, he told journalists at the 2015 Russian Arms Expo in Nizhny Tagil, and the jets are expected to be ready within the next two years.
Although (more…)

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Russia poised to sell S-300 anti-aircraft system to Iran

S-300 anti-aircraft missile system

S-300 anti-aircraft missile system

Vitaly V. Kuzmin / Wikicommons

Russia and Iran will sign an agreement for the delivery of advanced Russian-built S-300 anti-aircraft missile systems “soon,” Russia’s Deputy Foreign Minister Sergei Ryabkov told journalists at the Russian Arms Expo 2015which opened yesterday.
“All (more…)

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UAC picks up new $1.5bn Su-35 contract at MAKS 2015

Sukhoi Su-35

The Sukhoi Su-35 fighter jet

wikipedia

Russia’s United Aircraft Corporation (UAC), expects to sign a $1.5bn deal with the country’s Ministry of Defence for the production and delivery of a further 48 Su-35 multi-role fighter aircraft by the end of the year, its President Yury Slyusa told a press conference at the MAKS 2015 air show outside Moscow this week.
The order (more…)

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Joint Sea II 2015 exercises largest in countries’ naval history

Chinese marinesJoint Sea II 2015: Russia and China yesterday launched the second phase of the largest joint naval exercise ever organised between the two countries, featuring 22 Russian warships, submarines and assorted support ships, 20 aircraft, over 500 marines and 40 units of armored vehicles, according to Vice Admiral Alexander Fedotenkov, the deputy chief of the Russian Navy. The Chinese presence consists of two destroyers (one of which is Russian-built) two frigates, two landing craft and a supply ship supported by six helicopters, five airplanes, 21 amphibious vehicles and 200 marines.
The manoeuvres come against the backdrop of increasingly frequent and large-scale military exercises conducted by NATO and Russia, which some say are escalating tensions between East and West; last week, a report issued by the London-based European Leadership Network think tank released a report warning that the increasing size and frequency of Russian and NATO war games — which appear to be training to fight each other — could drive the two sides into an actual war.

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