FI Market Intelligence Library

Frank Robinson Retires
TORRANCE, Calif. - One of the giants of the helicopter industry has announced his retirement. Frank Robinson, the founder of Robinson Helicopter Co., has resigned as president and chairman of the board of the firm. Robinson...
　

Gates Expects to Step Down in 2011
NEWTOWN, Conn. - Secretary of Defense Robert Gates expressed in an interview with Foreign Policy that he hopes to retire from his position sometime in 2011, noting that waiting any longer could leave too little time to find an...
　

Politics Hindering Turkish-U.S. Arms Deals
WASHINGTON - The United States wants Turkey to change its policies toward Israel and Iran. If not, Washington will be reluctant to meet all of Turkey's arms requests. Turkey is interested in purchasing U.S.-made...
　

India to Equip Army with U.S.-made Javelin ATGW
NEW DELHI - The Indian government plans to equip its military with the U.S.-made Javelin anti-tank guided weapon (ATGW) system. India will send a request to the United States for purchase of the Javelin man-portable...
　

Reports Indicate Germany Ready to Phase Out Conscription
NEWTOWN, Conn. - According to reports in the German newspaper Sueddeutsche Zeitung, Germany's Defense Minister Karl-Theodor zu Guttenberg's compromise proposal for military service in the Bundeswehr (German military) is...
　

Indonesia Gets Three More Su-27s
JAKARTA - The Indonesia Air Force is to receive three additional Su-27SKM fighters in September 2010. Indonesia purchased four Sukhois in 2003 and six more in 2007 from Russia. The three aircraft being delivered are from the...
　

Lithuania Selling Retired Aircraft
VILNIUS, Lithuania - The Lithuanian State Property Fund will soon auction three retired aircraft from Lithuanian Air Force service. The planes include two An-26B transporters and one L-39C trainer. The starting asking price for...
　

Thai Navy to Join Anti-Piracy Force
BANGKOK - The Thai government has approved a Royal Thai Navy plan to organize an anti-piracy unit. The force, numbering 371 sailors, will undertake an 89-day mission in the Gulf of Aden. A budget of $7.7 million has been...
　

South Africa Supporting LOCATS Fleet
PRETORIA, South Africa - South Africa continues to operate its low cost aerial target systems (LOCATS). The South African Army's Air Defence Artillery (ADA) uses these target drones - built by IST Dynamics - to train its...
　

Proposed U.S. Sale of Patriot SAM to Kuwait
WASHINGTON - Kuwait is interested in purchasing U.S.-made Patriot air defense systems. The Obama administration informed Congress of this proposed sale on August 11. The sale will help to enhance Kuwait's air defense...
　

Bangladesh Commissions Ex-British Survey Ship
DHAKA, Bangladesh - The Bangladesh Navy has commissioned the British-built hydrographic survey vessel HMS Roebuck (H 130) into its fleet. The ship has been renamed BNS Anushandhan (H 584), which means "search" in Bengali. The...