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South Korean defense company LIG Nex1 selling 49% stake

Posted on March 16, 2012 by alert5

South Korea missile maker LIG Nex1 is selling an up to 49 percent stake to private equity firms and strategic buyers.

[thumb]http://www.reuters.com/article/2012/03/15/us-lig-idUSBRE82E05Q20120315[/thumb]

Posted in Industry

Saab CEO: Gripen’s chances in Brazil boosted by Switzerland

Posted on March 16, 2012 by alert5

Saab’s CEO Hakan Buskhe said his company’s chances of selling the Gripen to Brazil has been boosted by the Swiss selection.
Continue reading “Saab CEO: Gripen’s chances in Brazil boosted by Switzerland”

Posted in Air Force, Industry

Indian Air Force mystified by Mirage 2000 crash

Posted on March 16, 2012 by alert5

The Indian Air Force is still unsure why the engines of two Mirage 2000 failed in-flight consecutively.

[thumb]http://www.indianexpress.com/news/safety-concerns-ground-mirage-fleet-french-team-helping-probe/924251/[/thumb]

Posted in Air Force

Norwegian C-130J goes missing

Posted on March 16, 2012March 16, 2012 by alert5

Search is underway for a Norwegian Air Force C-130J that went missing while en route to Kiruna, Sweden from Evenes, Norway.
Continue reading “Norwegian C-130J goes missing”

Posted in Air Force

UAE’s Mirage 2000s could go to Libya

Posted on March 16, 2012 by alert5

A Libyan official was quoted by the Middle East News Agency (MENA) as saying that the UAE’s Mirage 2000 fleet could
be sold to his country once the UAE finalized a deal for Rafales.
Continue reading “UAE’s Mirage 2000s could go to Libya”

Posted in Air Force

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