September 2018 Global Defence & Security Industry - Military News


RADA Electronic Industries Ltd. announced the receipt of $3.5 million in new radar orders. The orders were from an existing customer which is a leading US military force, and are comprised of recurring follow-on orders for RADA’s MHR-based counter-UAV surveillance solutions, along with first order for its advanced eCHR radar.

South Korea approved a proposal on 4 September to shorten mandatory military service period by up to three months that will take effect from next month. The Cabinet meeting, chaired by Prime Minister Lee Nak-yon, approved the defense ministry's offer to shorten the military service period over the coming years.

To avoid sanctions imposed by President Trump’s administration, India will have to reduce oil imports from Iran and cancel a planned $6 billion purchase of S-400 anti-aircraft missiles from Russia, ThePrint reports. However, India is expected to inform the US during a top-level meeting this week that it will go ahead with a deal to purchase the Russian S-400 air defense system despite the threat of American sanctions, Indian media reports.

Montenegro Armour Group, located at Bijelo Polje, unveiled its indigenous 4x4 armored vehicle nicknamed Masan at Masline Barracks, in Podgorica. The concept of the vehicle was unveiled in 2017. The manufacturer received advices from the army and police to improve its design and performances in view of matching their respective needs.

Jankel, a world-leader in the design and manufacture of high-specification defence, security and NGO vehicles and protection systems, is celebrating 15 years of success in Australia at the Land Forces 2018 event. Land Forces 2018 is taking place 4-6 September in Adelaide, where Jankel will be exhibiting their capabilities on stand number 4L11.

South Korean aerospace and defense company LIG Nex1 announced on September 3 it signed a supply contract connected to the Korean military counter-battery radar system II program. The contract signed with Defense Acquisition Program Administration is valued at 181 billion won (USD 163.1 million), which represents 10.3 percent of the company’s revenue last year. Full rate production should be met by 2020.

According to the Defense magazine Australian Defence Business Review ADBR website, the South Korean Company Hanwha Defense Systems will offer its new generation of tracked armored IFV (Infantry Fighting Vehicle) AS21 Redback for the Land 400 Phase 3 program of the Australian army, to replace the old M113AS4 tracked APC (Armored Personnel Carrier) vehicles.

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