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Kalashnikov Rifle Manufacturing in India Going as Planned, Delayed in Venezuela

May 27, 2022 @ 12:00 PM

Plans to manufacture the Kalashnikov rifles in India is going as per plan but is hit by delays in Venezuela, Vladimir Lepin, general director of the company was quoted as saying in a report by

Turkey, Kazakhstan to Co-produce Anka Drones

May 12, 2022 @ 11:46 AM

The Turkish Aerospace Industries (TAI) announced that it will produce Anka combat drones with Kazakhstan, a country that purchased some of these aircraft last year. The company signed a memorandum of understanding with state-owned Kazakhstan Engineering on the transfer of technology, including maintenance and repair

Russia Increased Military Outlay by 2.9% to $65.9 billion in Run-up to...

April 27, 2022 @ 11:24 AM

Russia invested more in modernizing its military just before its invasion of Ukraine in comparison to previous years, data published by the Stockholm International Peace Research Institute (SIPRI) showed on Monday. Global military spending topped $2 trillion for the first time ever in 2021, reaching $2

Ukraine Seeks Contributions from Individuals to Buy Arms

April 4, 2022 @ 08:41 AM

Ukraines arms procurement agency, Ukrinmash has sought contributions from individuals at home and abroad to buy arms for the countrys army. A statement posted on the agencys website April 1, described how to contribute funds to help the Ukrainian army with weapons and military equipment as quickly as possible

Russian Invasion Has Cost Ukraine $565B: Ukraine’s Deputy PM

March 29, 2022 @ 04:47 AM

Ukraines Deputy Prime Minister and Economy Minister Yulia Svyrydenko estimates Russias invasion to have inflicted nearly $565 billion of economic damage on her country. In a Facebook post, Svyrydenko said the $564

Israel’s Elbit Systems Wins $130M to Provide Artillery Munitions Production Line in...

March 28, 2022 @ 05:13 AM

Elbit Systems was awarded contracts with an aggregate value of approximately $130 million to deliver an artillery munitions production line in a country in Asia-Pacific. The contracts will be performed over a period of 2

Argentina, India Consolidate Defense Cooperation

March 18, 2022 @ 04:08 AM

A top Argentinian defense official visited India with an aim to improve bilateral cooperation in defense industry. Secretary of Research, Industrial Policy & Defense Production at Argentinas MoD Daniela Castro, and the head of the Air Force, Brigadier General Xavier Julián Isaac, today finished a tour of India on March 15

S.Korea to Invest $1.63B to Develop Neighborhoods Near U.S. Bases

March 17, 2022 @ 06:23 AM

South Koreas interior ministry plans to inject $1.63 billion (1

Russia Vows to Disable Ukrainian Defense Enterprises

March 15, 2022 @ 06:10 AM

The Russian Ministry of Defense has ‘promised to disable Ukrainian defense companies. "The Armed Forces of the Russian Federation will take prompt measures to disable enterprises of the military-industrial complex of Ukraine that manufacture, repair and restore weapons that nationalists use to commit war crimes," Russian Defense Ministry spokesman Konashenkov said on Monday

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