Lockheed Martin gets $1 billion F-35 support contract

Lockheed Martin has secured a $1 billion contract from the U.S. government and other customers to provide various support services for the F-35 aircraft.

US Missile Defense Agency Ups Lockheed THAAD Contract to $1.3Bln

Lockheed Martin Corporation won a contract bringing the total value of its Terminal High Altitude Area Defense (THAAD) development and support services for the US Missile Defense Agency (MDA) to $1.3 billion, the Department of Defense said in a press release.

Russia reportedly completes delivery of S-300 air defense missiles to Iran

Russia has completed the delivery of S-300 air defense missile systems to Iran, RIA news agency quoted Russia's state arms export agency as saying on Thursday.

Russia to complete S-300 shipments to Iran by end of 2016

The delivery of S-300 missile systems to Iran would be finished by the end of 2016, Russian presidential aide Vladimir Kozhin said Thursday.

Russian-made missile systems delivered to air defense base in Iran — defense minister

Iranian Defense Minister Brigadier General Hossein Dehqan announced that the Russian S-300 missile defense system delivered to Iran has been brought to Khatam al-Anbia Air Defense Base, adding that the Iranian version of the defense shield called 'Bavar (Belief) 373' will be produced soon.

Iran parliament speaker: S-300 missile system supplies to Iran boosted regional security

The delivery of Russian S-300 surface-to-air missile systems (NATO reporting name SA-10 Grumble) to Iran boosted security in the region, the Islamic Republic’s parliament speaker, Ali Larijani, said in an exclusive interview with TASS First Deputy Director-General Mikhail Gusman.

Iran showcases Russian S-300 defense system in parade

Iran showcased parts of the newly imported Russian S-300 air defense system in the parade on Sunday held to mark the army day in the country.

Credibility matters: Canada Refuses to Cancel Arms Sale to Saudi

Canada said it was going ahead with its controversial contract to sell weapons to Saudi Arabia despite Riyadh’s human rights violations, especially in its war on Yemen.

Iran confirms arrival of shipment of S-300 missile system

Foreign Ministry Spokesman Hossein Jaber Ansari on Monday confirmed the delivery of the first shipment of S-300 missile system to Iran, Mehr news agency reported.

Russia to continue arms supplies to Azerbaijan under contracts — official

Russia will continue delivering weapons to Azerbaijan as its strategic partner under existing contracts, Russian Deputy Prime Minister Dmitry Rogozin said on Friday.

Japanese firms raided on suspicion of rigging bids for post-disaster repair contracts

Japanese prosecutors on Wednesday raided the offices of road-paving companies on suspicion they were involved in bid-rigging for road reconstruction projects in regions devastated by the earthquake and tsunami in March 2011.

Russia received twice more than paid for Mistrals in ruble equivalent due to devaluation

Russia has already received twice more than it paid for Mistral amphibious landing ships in ruble equivalent because of devaluation, Minister of Industry Denis Manturov said on Friday.

Russia not to demand penalties from France for non-delivery of Mistral ships (Putin)

Russia will not demand penalties from France for its refusal to deliver Mistral-class helicopter carriers but the money and expenses incurred should be returned, Russian President Vladimir Putin said at an annual Q&A conference on Thursday.

Putin lifts ban on S-300 missile system supplies to Iran. (The decree is effective immediately.)

Russian President Vladimir Putin has signed a decree to lift the ban on supplies of S-300 air defense missile systems to Iran.

Libya declares force majeure at 11 oil fields

Libya's National Oil Co declared force majeure Wednesday at 11 oil fields after attacks by Islamists, a legal step protecting it from liability if it cannot fullfil contracts for reasons beyond its control.

Ukraine blamed for Crimea blackout, talks underway on restoring power supply

The whole territory of Crimea has been cut off from power supplies and the republic’s authorities are holding talks with Ukraine on stopping the blackout, Crimea’s Energy Minister Sergey Yegorov told TASS on Wednesday...

Moscow rejects Kiev's 'virtual' gas price, seeks $3.9bn to resume supplies

Russia is ready to resume gas deliveries to Ukraine only after it pays $2 billion of its debt and makes a $1.9 billion advance payment for future supplies, Russian Minister of Energy Aleksandr Novak said.
“There will be no new supplies if part of the debt is not paid. Otherwise, it turns out to be a game with only one goal, where we deliver the gas and the debt payment is postponed," he argued.
Novak said that Ukraine is prepared to pay $3.1 billion of its Russian gas debt.
"They calculated the cost at their own virtual price at $268.5 [per thousand cubic meters of gas]," the Minister said.

British PM David Cameron calls on Europe to impose 'hard-hitting sanctions' on Russia

LONDON: In what is the sternest statement since the Malaysia Airlines disaster, British Prime Minister David Cameron has called on Europe to impose "hard-hitting sanctions" on Russia which should include restrictions on Russian banks and airlines and asset freezes on the "oligarchs and cronies" who support Vladimir Putin.

Britain has called for a blanket ban on arms sales to Russia with Cameron invoking the spectre of the Second World War and compared Russia's aggression to that of Nazi Germany.

Cameron also expressed his serious frustration at European Union countries, including France and Germany for failing to back his calls for the toughest possible sanctions against Moscow.

EU foreign ministers consider arms embargo against Russia. (The EU had to send "a very clear message" to Moscow)

BRUSSELS: Several EU foreign ministers said Tuesday the bloc needs to consider an arms embargo against Russia following the downing of a plane over eastern Ukraine, allegedly by pro-Moscow rebels.

British Foreign Secretary Philip Hammond said the tragedy "happened in the first place because of Russian support for the rebels" and that foreign ministers meeting in Brussels on Tuesday had to address that issue. An EU leaders' summit on Wednesday recommended that the 28-member bloc extend its sanctions against Russian and Ukrainian figures for their role in the crisis but the downing of flight MH17 had changed the situation completely, Hammond said.

US could sanction Bulgarian firms that work with South Stream construction firm Stroytransgaz.(US ambassador)

Companies or individuals that provide material support to Stroytransgaz – the company to which Bulgaria awarded the contract to build the land section of the South Stream pipeline in the country – could be subject to United States sanctions, US ambassador Marcie Ries said on June 6 2014.

Stroytransgaz, reportedly owned by Gennady Timchenko – a billionaire believed to be closed to Russian president Vladimir Putin and, as such, subject to US sanctions stemming from Russia’s annexation of Crimea – was formally announced as the winner of the South Stream Bulgarian contract on May 27, although reports in Bulgarian media had named it as such in March.