China, Russia Take First Steps Towards Dollar-less Trade
In an attempt to bypass US sanctions on Russian entities mainly in defence and energy, Moscow has concluded an agreement with Beijing on switching to settlements in national currencies. A mechanism for mutual settlements is planned to be set up by 2020
HAL Manufactures 41 Aircraft, Helicopters in Fiscal 2018-19
Hindustan Aeronautics Limited (HAL) has manufactured 41 new aircraft, helicopters besides 98 new engines during fiscal 2018-19, according to a financial update issued by the company. In addition, HAL has carried out overhaul of 213 aircraft, helicopters and 540 engines
Boeing-Embraer Partnership Approved By Shareholders
Embraer's shareholders today approved the proposed strategic partnership between Boeing and Embraer during an Extraordinary General Shareholders' Meeting held at the companys headquarters in Brazil. At the meeting, 96
Turkish Defence Exports Cross $2 Billion in 2018
Defence exports from Turkey exceeded $2 billion for the first time in 2018, an increase of 17% over the previous year. According to Turkish Exporters Assembly (TİM) data, the exports carried out by the defense and aerospace industry soared by 24
Russia’s Rostec Signs Agreements Worth $1.5 billion at Army 2018 Show
Member-companies of Russias Rostec State Corporation signed agreements worth over 100 billion rubles ($1.5 billion) as part of the International Military-Technical Forum "Army-2018" held in Moscow last week
United States Plans Financing Option for Defence Equipment Sales
The United States government is planning a new financing option to enable its allies and partners buy American weapons as part of the Trump administrations goal of enabling defense contractors grow their sales. The US administration had liberalized the sale of unmanned aerial systems in April this year and plans further initiatives to counter competition from China, Israel and Russia among others, participants at a Center for Strategic and International Studies (CSIS) event in Washington on Wednesday said
European Union Defence Spending at Euro 200 Billion in 2016
The 28-member European Union spent €200 billion ($222 billion) on defence in 2016, the same figure as in 2015, Eurostat announced Friday. The EU, most of whose members share NATO membership with the United States are under pressure from Washington to increase military spending and buy more American arms
China Becomes World's Second Biggest Military Spender: SIPRI
China has become the world's second biggest military spender behind the United States relegating Saudi Arabia and India to third and fourth place respectively according to a new report by the Swedish International Peace Research Institute (SIPRI) which compiles global arms procurement data. China increased its military spending by 5
Israel Plans to Loosen Defence Export Restrictions
Israeli companies need not obtain a marketing license for certain cyber and electro-optic systems and tools, and security and anti-terrorism warfare education, according to changes in the defence export policy proposed by the countrys Ministry of Defence (MoD). The MoD will significantly shorten the list of products whose overseas marketing requires prior approval from the Defense Export Controls Agency (DECA)
Trump Orders Review of Defence Industry Raw Material Supply Chain
President Donald Trump signed an executive order Friday ordering an assessment of materials, manufacturing and components required for the defense industry, their sourcing and supply chains. Peter Navarro, director of the National Trade Council, said in a background briefing to reporters that there is a shortage of domestic companies that can manufacture and repair certain key components for defense purposes
Bureaucratic Headwinds Spook Shinmaywa US-2 Aircraft Procurement in India
The procurement of 12 amphibious Aircraft from Shinmaywa of Japan which has been held up due to bureaucratic procedures in India could face further headwinds following the release of new defence procurement procedures(DPP). The procurement proposal had gone up to the Defence Acquisition Council (DAC), India's supreme defence purchase body chaired by the defence minister, which delayed an expected go-ahead to the deal last year for reasons not disclosed
Russia Starts Unannounced Nuclear Weapons Readiness Test
Russias Strategic Missile Forces (SMF) have begun an unannounced test of its nuclear weapons near the central Russian city Yoshkar-Ola, the SMFs press center said Wednesday. “The Committee of the Command of Strategic Missile Forces is conducting an unannounced test of the condition and security provisions of nuclear weapons in the Yoshkar-Ola Missile Unit,” the SMFs press service said in a statement
Trump "Unfreezes" Weapons Supplies to Ukraine
Two Workers Killed in Explosion at Philippine Ammunition Plant
Denmark to Set Up New Warship Building Facility at Frederikshavn
Poland Conducts Anti-Drone Trials Days after Russian Strike Hits Polish Aid Truck
The Future of Combat: Miniaturized Laser Weapons Set to Replace Bullets and Missiles
Lasers may soon replace bullets, and drones could disable enemy UAVs with beams of light instead of missiles
Four-legged Robots Vs. Military Dogs
Four legged robots that resemble dogs are increasingly being seen in war zones and exercises for functions such as reconnaissance...
Lockheed Martin Faces Billions in F-35 Cuts Under U.S. Policy Shift
Americas policy of controlling F-35 usage, spares, and maintenance—combined with President Donald Trumps threats of trade wars with Europe, halted...
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...
