BAE Systems agreed to pay a $400 million fine to settle a U.S. Department of Justice (DOJ) investigation into commission payments made to secure arms contracts. BAE also made an out-of-court settlement with the UK Serious Fraud Office (SFO), which has been investigating the company since 2004.
AIN Defense Perspective » February 19, 2010
India will test fly, in 2012, its indigenous airborne early warning and control (AEW&C) system integrated onboard a modified Embraer EMB 145, an official involved in the project said.
The Sikorsky S-92A will take over search-and-rescue helicopter (SAR-H) duties in the UK, following selection of the Soteria Consortium by the UK Ministry of Defence (MoD) and Maritime and Coastguard Agency (MCA).
Israel Aerospace Industries (IAI) is proposing aerial tanker versions of business jets such as the Gulfstream G550. At the Singapore Airshow earlier this month, a company official told AIN that its small and smart tactical tanker (SSTT) is still only a proposal, aimed at reducing the costs of aerial refueling training.
Brazil’s purchase of 36 new fighters has pitted the air force’s preference for the Saab Gripen, backed by a 10-month technical report, against a presidential preference for the Dassault Rafale as part of a “strategic alliance” with France. Second in the air force’s ranking was the Boeing F-18 Super Hornet. According to the newspaper Folha de São Paulo, France reduced the cost of the Rafale package from $12.2 billion to $8.2 billion.
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