http://jdin.janes.comJane's Defence Industry will keep you informed on developments within the defence industry.en-gbCopyright: (C) Jane's Information Group. All rights reserved.http://www4.janes.com/public/images/janes_rss.gifhttp://jdin.janes.comVisit http://jdin.janes.comhttp://www4.janes.com/subscribe/jdin/doc_view.jsp?QueryText=&K2DocKey=/content1/janesdata/mags/jdin/history/jdin2009/jdin80139.htm@current&Prod_Name=JDINThe activities of the two organisations have included the hosting of a defence energy conference in 2009 (which the spokesperson said raised levels of awareness about the issue in Australia); improvements in the ADF's transport fuel mix (which optimised use of existing fuel types); and a closer working relationship with the DoD's research and development arm, the Defence Science and Technology Organisation (DSTO), as it "researches alternative and emerging fuel types and assesses their ... - 2009/11/20 00:00:00http://www4.janes.com/subscribe/jdin/doc_view.jsp?QueryText=&K2DocKey=/content1/janesdata/mags/jdin/history/jdin2009/jdin80140.htm@current&Prod_Name=JDINIndia needs to provide greater support to small and medium-size enterprises (SMEs) entering the defence sector as the country embarks on a military modernisation process over the next decade, according to a report published by the Confederation of Indian Industry (CII) and Ernst & Young. AM Barbora's remark came one day after another Indian industry organisation, the Associated Chambers of Commerce and Industry of India (ASSOCHAM), repeated its call for the government to raise the limit on ... - 2009/11/20 00:00:00http://www4.janes.com/subscribe/jdin/doc_view.jsp?QueryText=&K2DocKey=/content1/janesdata/mags/jdin/history/jdin2009/jdin80141.htm@current&Prod_Name=JDINChemring has raised USD280 million through the placement of loan notes with insitutional investors in order to fund the acquisition of Hi-Shear Technology - the group's largest purchase to date. A total of USD80 million will mature in November 2016, followed by USD200 million in November 2019. In addition to funding the purchase of Hi-Shear Technology, Chemring said it would repay existing short- and medium-term debt and provide additional working capital facilities for the group. - 2009/11/20 00:00:00http://www4.janes.com/subscribe/jdin/doc_view.jsp?QueryText=&K2DocKey=/content1/janesdata/mags/jdin/history/jdin2009/jdin80143.htm@current&Prod_Name=JDINUS-based Global Defense Technology and Systems initial public offering (IPO) has been priced at USD13 per share: somewhat lower than market expectations. This suggests that the company will raise USD39 million from the sale of three million shares (an additional 1.6 million will be sold to stockholders, although Global Defense itself will not benefit). Global Defense is being spun off from its privately held parent company, Global Strategies Group. - 2009/11/20 00:00:00http://www4.janes.com/subscribe/jdin/doc_view.jsp?QueryText=&K2DocKey=/content1/janesdata/mags/jdin/history/jdin2009/jdin80142.htm@current&Prod_Name=JDINFrench propulsion and defence systems group Safran has completed its inaugural bond issue, raising EUR750 million (USD1.1 billion) with a view to funding continued growth. With regard to Safran's likely direction of growth following the EUR750 million placement, Jane's believes the group's recent acquisitions activities provide a clue. Safran concluded the half year to 30 June 2009 with cash and cash equivalents of EUR889 million, and net debt of EUR690 million. - 2009/11/20 00:00:00http://www4.janes.com/subscribe/jdin/doc_view.jsp?QueryText=&K2DocKey=/content1/janesdata/mags/jdin/history/jdin2009/jdin80144.htm@current&Prod_Name=JDINThe Swedish Defence Materiel Administration (FMV) revealed details of the contest re-run on 20 November, after it decided against appealing a ruling from a Swedish court that said the process behind the original contest was unlawful. A Swedish county court, Länsrätten, ruled on 29 October that the procedure behind FMV's contract award to Patria was unlawful, resulting in a re-run of the contest. The FMV spokesman also told Jane's that, even though it had decided against appealing Länsrätten's... - 2009/11/20 00:00:00http://www4.janes.com/subscribe/jdin/doc_view.jsp?QueryText=&K2DocKey=/content1/janesdata/mags/jdin/history/jdin2009/jdin80138.htm@current&Prod_Name=JDINAustralian company Metal Storm expects to receive a critical lifeline payment from foreign investor Assure Fast Holdings Limited (AFHL) no later than 23 November, although the deal has stalled on numerous occasions so far. A Metal Storm statement said: "The first-tranche payment for new equity of AUD2.1 million [USD1.925 million] is expected on 20 November but no later than close of business Monday [23 November]. While expressing confidence that the first-tranche payment would be received ... - 2009/11/20 00:00:00