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Franco-German KNDS Appoints New Chairman, MD

December 14, 2020 @ 05:27 PM

Five years after its creation, the French and German governments today announced that the land systems manufacturer KNDS will change its governance on December 15, 2020, by appointing a new managing director and a chairman. To approach this new stage in the integration of KNDS, to make the company the benchmark...

Chinese Analysts Question SIPRI data, Say China not World’s Second Biggest Arms...

December 10, 2020 @ 05:31 AM

Calling China the second-largest arms seller is an overestimation and reinforces the “false assertion” of the so-called “China threat,” a Chinese military commentator said questioning a latest arms sales report by the Stockholm International Peace Research Institute (SIPRI). The December 6 report compiling sales data of 25 largest global arms companies...

Paris Air Show 2021 Cancelled over COVID Fears

December 7, 2020 @ 03:21 PM

French Aerospace Industries Association (GIFAS) and Paris Air Show organization cancelled the 2021 edition of the show scheduled to take place from June 21-27 next year, to curb the spread of the COVID-19 virus. The next edition of the

US and China Dominated Arms Market in 2019: SIPRI Report

December 7, 2020 @ 05:13 AM

Chinas heavy investments in the defense industry appears to be paying off with Beijing dominating the global arms market in 2019 while Russia is losing ground. Total sales by the top 25 rose by 8

United States’ Arms Exports Totaled $175.08 billion in 2020, up 2.8% Over

December 5, 2020 @ 02:59 AM

United States arms exports (including both government-managed and commercial) rose 2.8 percent from $170

Pakistan Books PIA’s German ex-boss For Graft

December 1, 2020 @ 09:49 AM

Pakistans Federal Investigation Agency (FIA) on Monday registered booked German ex-CEO of Pakistan International Airlines (PIA) for abusing his powers and making illegal appointments. “The FIA Corporate Crime Circle has registered an FIR against German national Bernd Hildenbrand, a former acting CEO of PIA, for allegedly abusing his powers and illegally appointing Austrian national Hel­mut Bechhofner as a consultant to CEO in October 2016,” said deputy director, FIA, CCC, Karachi, Abdur Rauf

India-Nigeria Hold Webinar to Boost Defence Cooperation

November 25, 2020 @ 03:03 PM

India today hosted a webinar to boost defence cooperation with Nigeria, one of the African countries with highest military spending. The theme of the webinar was “Indian Defence Industry Global Outreach for Collaborative Partnership: Webinar and Expo

Israeli Arms Firms to Participate for First Time in IDEX, UAE

November 24, 2020 @ 11:45 AM

Several Israeli arms majors, including Israeli Weapons Industries (IWI), Israeli shipyards and Israeli Aerospace Industries (IAI) will be participating in the International Defence Exhibition (IDEX) to be held in Abu Dhabi from February 21-25 2021. The names of these Israeli arms suppliers figure in the list of IDEX 2021 exhibitors released by the show organizers so far

US DoD to Launch "Trusted Capital Marketplace" in December

November 19, 2020 @ 03:30 AM

The US Department of Defence (DoD) will launch its Trusted Capital Marketplace (TCM) initiative in December to match US technology firms in need of investment with investors without ties to adversarial nations (such as Russia and China). Under TCM, an electronic marketplace will be set up to pair up cleared investors and US Aerospace and defence companies in need of investment

Rafael Presents Next-Generation Combat Vehicle Suite at Korea Expo

November 18, 2020 @ 08:57 AM

Israeli firm Rafael has presented its Next-Generation Combat Vehicle Suite (NGCV-S) at DX Defense & Security Expo Korea taking place from November 18-21, 2020. As part of the ROKs Tiger 4

Russia to Set Up Nuclear Warship Logistics Hub in Sudan

November 12, 2020 @ 09:16 AM

Russia plans to establish a military logistics hub for nuclear warships and station its vessels in the Red Sea city of Port Sudan that will allow it to ferry weapons in and out of the African nation. As per the new

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