Five South Korean Banks Considering $22B Loan to Finance Arms Sales to...
Five South Korean banks have come to the aid of Poland in their quest to acquire $22 billion worth of weapons, marking Seoul's most extensive arms deal, covering the procurement of rocket artillery systems and fighter jets. In a bid to facilitate this significant arms transaction, South Korea is harnessing the...
Turkey, U.A.E. Discuss Joint Defense Projects
Turkey and the United Arab Emirates (U.A
Leonardo DRS to De-list from Tel Aviv Stock Exchange
Leonardo DRS, Inc. has announced its intention to voluntarily remove its common stock from the Tel Aviv Stock Exchange (the "TASE")
Top 10 U.S. Defense Firms Receive Contracts Worth $150B in 2022
The Department of Defense Office of Local Defense Community Cooperation stated in its Fiscal Year 2022 Defense Spending by State report today that the top 10 defense firms secured U.S
Pakistan, Turkey, Saudi Arabia Hold First Tripartite Defense Cooperation Meeting
The Saudi-Turkish-Pakistani Tripartite Committee held its first meeting in
Rooboronexport Signs Export Contracts Worth $600 Million at Army 2023
Russias Rosoboronexport signed contracts worth $600 million with several foreign customers at the Army 2023 event in Moscow. It reached agreements on the joint production of Kalashnikov assault rifles, armored vehicles, guided missiles on the territory of customers, besides the installation of Russia-made combat modules of various calibers on the chassis of (land vehicles) of our partners, said Alexander Mikheev, CEO of Rosoboronexport in a statement
Brazilian and Saudi Defense Companies Eye Joint Ventures, Technology Transfers
Brazilian industry association FIESP said several Brazilian and Saudi defense companies have signed agreements that could lead to joint ventures and technology-sharing agreements. The Saudi businesses involved in the potential effort are Scopa Defense and Alqahtani Holding, and the Brazilian firms are weapon manufacturer Taurus, rocket and missile maker Avibras, aircraft battery producer Ocellott, and aviation specialist Avionics Services,
Under Shadow of Ukraine War, Rosoboronexport to Display 'Battle-Tested' Weapons at ARMY-2023
A range of “battle-tested” weapons will be showcased by Russias Rosoboronexport at the upcoming VIII Army 2023 International Military-Technical Forum to be held from August 14-20 at the Patriot Exhibition and Convention Center. The company has allocated a dedicated section at its stand for weapons that have been “successful” against Western weapons, probably hinting at their performance in the Ukraine war
Pakistan Aerospace Park, Turkish Drone-maker Baykar Sign Cooperation Agreement
Pakistans National Aerospace Science and Technology Park (NASTP), which was officially opened on August 4 signed a cooperation agreement with Turkish Drone maker, Baykar for R & D. With the R&D studies that Baykar will carry out within NASTP, the foundation of the comprehensive cooperation to be carried out in the future has been laid
Russian MoD to Sign Contracts Worth $4.7B at Army 2023 Show
Russia's Defense Ministry plans to conclude contracts worth more than 433 billion rubles ($4.7 bln) at the Army-2023 International Military-Technical Forum to be held in Moscow later this month
Poland Seeks $15B loan from South Korea to Fund Arms Purchase
The Polish government has requested a loan worth 20 trillion won ($15.6 billion) from South Korea to finance a major defense purchase
Moscow Prepares to Hardsell "Battle Tested" Drones at Russia-Africa Forum
Rosoboronexport will exhibit popular “battle-tested” drones at an exhibition that will be part of the second Russia-Africa Forum slated to take place in St. Petersburg from July 27-28
Netherlands Allocates €500M for Extra Ammunition
Ukrainian ATACMS Strikes Target Russian S-400, Fighters in Crimea
Ruselectronics Develops Technology Extending Short-Wave Radio Range to 6,000 km
Indonesian Navy Chief Considers Interim Submarine Purchase Amidst Operational Needs
Is the Patriot Air Defense System Outdated?
After Israel revealed its decision to decommission its U
Russia's Growing Influence in Africa: Arms Sales and Military Bases
Russia's expanding influence in Africa, demonstrated by arms sales, military deployments, and diplomatic engagements, reflects a significant geopolitical shift on...
Development Trends in Unmanned Surface Vessels
Unmanned surface vessels (USVs) have caught the attention of the world following their spectacular success in sinking Russian warships in...
Have Iran-Israel Missile Attacks Enabled Mutual Deterrence?
Iran's April 13-14 missile strike against Israel marks a paradigm shift in Tehran's approach to Israel; from previously relying on...
Free Flight to Russian Hypersonic Missiles as America's Own Hypersonics Program Delayed to 2027
As Russian Aerospace Forces pummeled Ukrainian positions in mid-March 2024 with hypersonic missiles, the Pentagon's own hypersonics program faces delays,...
Counter-trade, Undisclosed Deals May be Masking Russia’s Arms Export Numbers
A Stockholm International Peace Research Institute (SPIRI) report last week reported a steep fall in Russias arms exports- pushed to...