Sweden has unofficially lifted its defense products embargo on Turkey, marking the end of a strained period. The decision comes after the Turkish parliament's foreign affairs committee approved Sweden's bid to join NATO on Tuesday
In a development aimed at bolstering economic ties and regional connectivity, China and Myanmar have officially recommenced the Bay of Bengal Deep Seaport Project in the Kyaukpyu Special Economic Zone. The Addendum to the Concession Agreement was signed at a ceremony held in Nay Pyi Taw, attended by high-profile dignitaries from...
Japan is set to export missiles and artillery shells to the United States and the United Kingdom, marking a significant departure from its long-standing pacifist policies. The decision comes as a former defense minister, Itsunori Onodera, advocates for the loosening of restrictions on military exports to showcase Japan's advanced defense technology...
Germany's Diehl Defence officially announced its acquisition of Allweier, a precision parts manufacturer based in Überlingen. The company said it will take over Allweier on January 1, 2024
The Defence Acquisition Council (DAC) on Thursday approved the Acceptance of Necessity (AoNs) for Capital Acquisition Proposals totaling INR 2.23 lakh crore ($26
Israel's Elbit Systems Ltd. is set to acquire a 44% stake in Adani Defence Systems and Technologies Ltd
China and Pakistan have launched the Sea Guardians-3 joint maritime exercise, including their first joint sea patrol in Karachi, with reciprocal observers and Chinese participation in the exercise alongside Pakistani anti-submarine patrol aircraft. Spanning seven days from November 11 to 17 in the waters and airspace of the northern Arabian Sea, the exercise is divided into two phases: shore-based exchanges and maritime joint operations
Iran achieved approximately $1 billion in arms exports during the last Iranian year, as revealed by Deputy Defense Minister Brigadier General Mahdi Farahi during a conference on Monday morning. Brig
U.A
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 support of local banks, as the statutory limits on import-export lending have been reached
Turkey and the United Arab Emirates (U.A
Ukraine's Defense Industry (UDI), formerly known as Ukroboronprom, has entered into a significant joint venture with Germany's Rheinmetall AG, resulting in the establishment of "Rheinmetall Ukrainian Defense Industry LLC" to jointly maintain and produce military equipment. This partnership was officially registered on October 18, 2023, and Ukraine's Prime Minister, Denys Shmyhal, made the announcement during the German-Ukrainian Business Forum in Berlin, where Germany's Federal Chancellor, Olaf Scholz, was also present