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Indian Govt to Earmark 68% of Defence Procurement Budget for Domestic Industry

February 1, 2022 @ 08:40 AM

The Indian government said Tuesday it will invest 68% of the annual defence budget on domestic industry. “68% of the capital procurement budget for Defence to be earmarked for domestic industry to promote Aatmanirbharta and reduce dependence on imports

China Donates $20.3M Worth of Equipment to Manila

January 24, 2022 @ 05:59 PM

China has donated RMB 130 million ($20.5 million) worth military aid to the Philippines, a country it is involved in a dispute over control over parts of the South China Sea

France, Greece Sign ‘Strategic Partnership’ Roadmap

January 22, 2022 @ 07:19 AM

France and Greece signed the roadmap for the ‘strategic partnership deal forging deeper military relationship between the two countries to defend shared interests in the Mediterranean. “On January 21 during an official trip to Greece, Army General Thierry Burkhard, Chief of Staff of the Armed Forces, and General Konstantinos Floros, Chief...

UAC Shareholders Approve Sukhoi, MiG Merger

January 21, 2022 @ 06:54 AM

Shareholders of the Russian state-owned United Aircraft Corporation (UAC) approved the merger of two subsidiary aircraft manufacturing companies, JSC Sukhoi Company and JSC RAC MiG, into UAC. The majority of shareholders voted for the reorganization of UAC in the form of joining Sukhoi and MiG to it during an extraordinary meeting of shareholders held on January 17, 2022

European 'Strategic Compass' Document to be Approved by March

January 19, 2022 @ 05:42 AM

In an informal meeting of the EU foreign and defense ministers held in Brest on 12 and 13 January, the officials decided to adopt the “Strategic Compass” by March 2022. Europes “Strategic Compass” proposes a number of initiatives to enable the European Union to act in the security and defense domain and confront the many challenges impacting European interests

U.S., Japan to Work on Counter-Hypersonic Technology

January 7, 2022 @ 06:47 AM

The United States and Japan will soon sign a deal on collaborating more closely in R&D of defense-related technologies, including ways to counter threats from hypersonic weapons. This was announced ahead of January 6-7 virtual U

Leonardo Acquires 25.1% Shares in HENSOLDT for €606M

January 5, 2022 @ 12:24 PM

Leonardo completed the acquisition of 25.1% of the shares in HENSOLDT AG, a leading German player in the field of sensors for defence and security applications, with an expanding portfolio in sensors, data management and robotics, for a cash consideration of €606 million

U.A.E. Orders DIRCM, Airborne EW Self Protection Systems from Israel’s Elbit Systems...

January 4, 2022 @ 04:47 AM

Elbit Systems Emirates Limited based in the U.A

Drone Maker "Kronstadt" Sets up Russia’s First Post-Soviet Era Aircraft Factory

December 23, 2021 @ 02:33 AM

Russian drone maker, "Kronstadt" has set up Russias first all-new aircraft factory in the post-Soviet era to manufacture its Orion and other drones. Construction of the factory in Dubna near Moscow which began earlier this year was completed in December

S.Korea World’s 9th Largest Arms Exporter in the Last Five Years...

December 21, 2021 @ 06:38 AM

Korea Research Institute for Defense Technology Planning and Advancement (KRIT) claimed in an annual report issued Monday that Seoul was the world's 9th-largest arms exporter in the 2016-2020 period. As per information published by the government in the Global Defense Market Yearbook 2021, South Korea accounted for 2

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