IMF gives Iran short-term thumbs-up – but sanctions cast a longer shadow

The Iranian economy will grow by 3.5% this year and 3.8% in 2018 , according to…

GCC investors buy stake in Russian Helicopters

A consortium set up between the  Russian Direct Investment Fund (RDIF) and a group of GCC…

India and Russia close to reviving two-year Kamov helicopter JV deal

New Delhi and Moscow  are finally getting close to signing off on the $1bn joint venture…

Rostec may cede control of iconic Kalashnikov arms manufacturer

Rostec, Russia’s state-run industrial  holding company, is considering lowering its stakeholding in the iconic Kalashnikov small…

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

China Aerospace Engine Group: Shares in Chinese defence shares have  moved sharply upward after Beijing confirmed  that…

Space as well as energy on agenda for Putin visit to China

Putin visit to China: The possibility of closer cooperation between Russia and  China in the space as well…

Rostec set to sell off 25% stake in Russian Helicopters to UAE fund

Russian state technologies corporation Rostec is expecting to rubber-stamp  the sale of a 25% stake in…

Chinese satellites predicted to capture 10% of world market by 2020

Chinese satellites: At least 10% of the world’s satellites will be built and supplied by China…

Russia loses contact with Vostochny satellite

Vostochny satellite: Russia has lost contact with one of three satellites launched from the new Vostochny Cosmodrome…

Vostochny Cosmodrome launches first rocket after 24-hour delay

Russia launched the first rocket from its new Vostochny Cosmodrome yesterday, 24 hours  after an initial attempt was aborted due to a…

Airbus eyes up Russian Helicopters

The Russian government may sell a controlling stake in  Russian Helicopters  to Airbus as part of its…

Russian billionaire Yuri Milner pumps $100bn into Breakthrough Starshot

Breakthrough Starshot: Russian billionaire internet investor Yury Milner  has joined forces with the world-famous physicist Stephen Hawking…

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

Government rules restricting foreign ownership in the Indian defence sector to 49% are undermining New Delhi’s drive…

Q3 launch for new Chinese space lab

Chinese space lab: The authorities in Beijing this week disclosed further details of a plans to  launch the…

Work begins on Azerspace-2

Azerspace-2: A group of employees from Azercosmos is visiting the US-based  satellite communications company Loral Space &…

Lockheed Martin ready to build F16 jets in India as G2G talks continure

US fighter jet manufacturer Lockheed Martin  is ready to set up a plant to produce its F-16 aircraft…

Trade Minister floats possibility of Russian Helicopters privatisation

Russian Helicopters privatisation: The Russian government may sell its stake in Russian Helicopters this year and possibly…

Russian space programme falls victim to recession

Russian space programme: Russia’s space agency Roscosmos this week announced that it was postponing its first manned moon mission…

Moscow looks at part privatisation of Russian Helicopters by year end

Russian Helicopters could be partly privatised this year, with a 25% stake being sold  to a strategic…

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

Russia’s state-run industrial holding company Rostec has been holding  talks in Tehran around the possibility of establishing technology-based…

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

India is close to buying at least five S-400 anti-aircraft systems from Russia for $2.5bn  as part…

Mexico buys 30 Sukhoi Superjets

Mexico has acquired 30 Sukhoi Superjet 100 aircraft from Russia, its ambassador in Moscow  Ruben Beltran…

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

Russia has agreed to sell 24 Sukhoi Su-35 jets to China for more than $2bn, the first…

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

Russia has signed a contract to supply Iran with sophisticated S-300 surface-to-air missiles following the lifting…