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Turkey's Baykar to Establish JV in Indonesia to Produce Drones

February 13, 2025 @ 06:52 AM

Baykar, a Turkish drone manufacturer, and Indonesian defense company Republikorp have signed an agreement to establish a joint venture for unmanned aerial vehicle (UAV) production, assembly, and maintenance in Indonesia. The signing ceremony took place during Turkish President Recep Tayyip Erdoğans visit to Indonesia, where he met with Indonesian President Prabowo...

Netherlands Becomes Launch Customer for Pilatus PC-7 MKX Trainers

February 8, 2025 @ 08:26 AM

The Netherlands has signed contracts for the purchase of eight Pilatus PC-7 MKX training aircraft and four flight simulators to replace the aging Pilatus PC-7 fleet. The PC-7 MKX is an improved and modernized version of the Pilatus PC-7 MkII

Ukraine, Poland Sign Defense Deal on Ammunition, Vehicles, Artillery, Air Defense

February 7, 2025 @ 02:28 PM

Ukraines Ukroboronprom and Polands PGZ have signed an

Indra to Acquire Spanish Defense Satellite Operator, Hispasat

February 4, 2025 @ 12:27 PM

Indra Group has signed an agreement with Redeia Corporación to acquire 89.68% of the share capital of Hispasat, a satellite operator and service provider, for €725 million

U.S. Blocks $2B from Russia to Turkey as Loan for Nuclear Power...

February 4, 2025 @ 09:51 AM

JPMorgan Chase has blocked $2 billion transferred from Russia to Turkey as a loan for the Akkuyu nuclear power plant (NPP), following an order from the U.S

French KNDS to Acquire Texelis, Maker of SERVAL Armored Vehicles

February 3, 2025 @ 12:52 PM

KNDS and Texelis signed a Memorandum of Understanding (MOU) concerning the proposed acquisition by KNDS France of Texelis' Defense business. Texelis is a French company producing numerous parts and mobility components for the French Army armored vehicles

U.S. Awards Contract for Taiwan’s F-16 Training Simulators

January 31, 2025 @ 04:09 AM

CAE USA has received a contract valued at up to

Philippines, New Zealand Begin Talks on Visiting Forces Agreement

January 29, 2025 @ 07:37 AM

The Philippines and New Zealand have formally begun discussions on a Status of Visiting Forces Agreement (SOVFA), the Philippine Department of National Defense (DND)

Germany Approves Leonardo-Rheinmetall JV to Manufacture Combat Vehicles in Italy

January 21, 2025 @ 10:48 AM

Germany's competition authority, the Bundeskartellamt, has authorized the formation of a joint venture between Rheinmetall AG and Leonardo SpA. The new venture, named Leonardo Rheinmetall Military Vehicles (LRMV), will be based in Rome and focus on delivering military solutions, particularly armored combat vehicles and main battle tanks

Iran, Pakistan Explore Joint Weapons Production

January 21, 2025 @ 09:44 AM

Iran has expressed interest in collaborating with Pakistan on the

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