Indian MoD Approves Weapons, Platforms Acquisition Projects worth $10B

December 23, 2022 @ 11:55 AM

Indias Defence Acquisition Council (DAC) has given the nod to buy a range of military equipment including missiles, bombs, warships and armored vehicles, totaling nearly $10 billion. On Dec

Some 10% of Russian IT Professions Working from Abroad Since the Ukraine

December 20, 2022 @ 05:34 PM

Around 100,000 IT specialists left the Russian Federation in 2022, comprising 10% of the total IT workforce, said the head of the Ministry of Statistics of the Russian Federation Maksut Shadaev.While not referring directly to the Ukraine war, he mentioned the year 2022 as when the exodus of IT professionals

Lockheed Martin, Sintavia to Collaborate on Replacing Castings & Forgings with 3D

December 8, 2022 @ 03:50 AM

Lockheed Martin and Sintavia, LLC, today announced a collaboration to expand research of metal additive manufacturing (AM) opportunities as an alternative to castings and forgings.Sintavia is an AM supplier to Lockheed Martin, supporting several programs in the manufacture and production of metal additive parts

Exhibitors Throng Pakistan's IDEAS Defense Exhibition as it Returns after 4 Years

November 17, 2022 @ 07:28 AM

Hundreds of exhibitors from countries across the world have reached Pakistan to take part in the countrys IDEAS Defense Exhibition, which is taking place after a four-year hiatus due to COVID-19. The Defense Export Promotion Organization (DEPO) will be holding the 11th edition of the International Defense Exhibition and Seminar (IDEAS)...

Ukraine, Czech Republic Sign Agreement to set up Defense Cluster

November 15, 2022 @ 09:15 AM

Ukraines state-owned Ukroboronprom and the Intergovernmental Agency for Defense Cooperation (AMOS) under the Ministry of Defense of the Czech Republic have agreed to create a joint defense cluster. This agreement signed on November 9 is in accordance with the agreements reached last week between the President of Ukraine Volodymyr Zelenskyi and...

Spain Hikes Defense Budget “in the context of the war in Ukraine”

October 10, 2022 @ 07:26 AM

Spains budget is expected to touch €12.8 billion in 2023, a hike from what it set aside for defense expenditure for the current year, owing to Russias sudden invasion of Ukraine

Airshow China 2022 to Display 'Never Before' Seen PLA Equipment

September 27, 2022 @ 02:25 PM

The Chinese Peoples Liberation Army (PLA) Air Force will display never-before-seen military equipment at the upcoming 14th China International Aviation and Aerospace Exhibition, or Airshow China 2022. Airshow China will kick off on November 8 in Zhuhai, South China's Guangdong Province, with various active service aircraft of the PLA Air Force, represented by the 20 series, making their debuts at the show

S.Korean Hanwha Group Set to Acquire Daewoo Shipbuilding in a $1.39 Billion...

September 26, 2022 @ 12:32 PM

South Korea's Hanwha Group signed a conditional memorandum of understanding (MoU) with Daewoo Shipbuilding & Marine Engineering (DSME) to acquire a controlling stake of 49.3% and managerial control of the shipbuilder

Russian Defense Exports at $6B in Last Six Months: Putin

September 22, 2022 @ 04:52 AM

Russias President Vladimir Putin claims the country has exported weapons worth more than $6 billion in the last six months. Putin has praised the performance of Russian defense industry in the world market

Rosoboronexport to Showcase Russian Military, Civilian Products at South Africa’s AAD 2022

September 19, 2022 @ 10:40 AM

Russias state-owned Rosoboronexport will be exhibiting a variety of military equipment, including tanks, assault rifles and drones, the AFRICA AEROSPACE & DEFENCE (AAD) 2022 from September 21 to 25 at Air Force Base Waterkloof Centurion in Pretoria, South Africa. “Sub-Saharan Africa is now among the growth leaders in the level and quality of military-technical cooperation with Russia

Saab Picks Minority Shareholding in Swedish Electric Aircraft Maker, Heart Aerospace

September 16, 2022 @ 08:07 AM

Saab has committed to becoming a minority shareholder in the Swedish electric aircraft manufacturer Heart Aerospace with a $5 million investment. Saab and Heart Aerospace have also signed a collaboration agreement regarding the supply of subsystems and the exploration of further areas of collaboration, including certification and manufacturing