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Russian Invasion Has Cost Ukraine $565B: Ukraine’s Deputy PM

March 29, 2022 @ 04:47 AM

Ukraines Deputy Prime Minister and Economy Minister Yulia Svyrydenko estimates Russias invasion to have inflicted nearly $565 billion of economic damage on her country. In a Facebook post, Svyrydenko said the $564

Israel’s Elbit Systems Wins $130M to Provide Artillery Munitions Production Line in...

March 28, 2022 @ 05:13 AM

Elbit Systems was awarded contracts with an aggregate value of approximately $130 million to deliver an artillery munitions production line in a country in Asia-Pacific. The contracts will be performed over a period of 2

Argentina, India Consolidate Defense Cooperation

March 18, 2022 @ 04:08 AM

A top Argentinian defense official visited India with an aim to improve bilateral cooperation in defense industry. Secretary of Research, Industrial Policy & Defense Production at Argentinas MoD Daniela Castro, and the head of the Air Force, Brigadier General Xavier Julián Isaac, today finished a tour of India on March 15...

S.Korea to Invest $1.63B to Develop Neighborhoods Near U.S. Bases

March 17, 2022 @ 06:23 AM

South Koreas interior ministry plans to inject $1.63 billion (1

Russia Vows to Disable Ukrainian Defense Enterprises

March 15, 2022 @ 06:10 AM

The Russian Ministry of Defense has ‘promised to disable Ukrainian defense companies. "The Armed Forces of the Russian Federation will take prompt measures to disable enterprises of the military-industrial complex of Ukraine that manufacture, repair and restore weapons that nationalists use to commit war crimes," Russian Defense Ministry spokesman Konashenkov said...

Beijing Rejects U.S. Claims of Russia using Chinese Military Aid for Ukraine...

March 14, 2022 @ 01:03 PM

Chinese Foreign Ministry Spokesperson Zhao Lijian blasted Washingtons recent allegations as disinformation that Russia sought military assistance from China to conduct its special operation in Ukraine. "The allegations on the matter disseminated by the U

Russia Threatens to Nationalize Foreign Companies that Ceased Operations over Ukraine War

March 10, 2022 @ 09:18 AM

The “Public Consumer Initiative” has sent a list of foreign companies that could be nationalized in the future to the Russian government and countrys Prosecutor Generals Office. A host of foreign companies including McDonald's, Audo, VW and KFC could have their assets seized if the Russian begins to take action against them for violating the terms of agreement with their local partners

Saudi Arabia to Locally Produce Components for U.S. THAAD Missile System

March 8, 2022 @ 10:05 AM

Saudi Arabias General Authority for Military Industries (GAMI) has given the nod for two projects that aim to locally manufacture components for the U.S

Amidst Ukraine War, Rosoboronexport to Participate in Saudi Arabia's First Ever Defense...

March 5, 2022 @ 10:10 AM

Russias arms exporter Rosoboronexport said it will present selections provided by 20 Russian defense industry enterprises at the debut exhibition World Defense Show 2022 in Riyadh, Saudi Arabia on March 6-9, the companys press service told the media on Saturday. Rosoboronexport's announcement comes amid Russia's invasion of Ukraine launched on February 24

India Postpones DefExpo 2022 Exhibition

March 4, 2022 @ 10:49 AM

The Indian Defence Ministry announced today the DefExpo exhibition which was scheduled to take place from Match 10 to 14 has been postponed. "Due to logistics problems being experienced by participants, the DefExpo 2022 proposed to be held in Gandhinagar, Gujarat from March 10th till March 14th is postponed," the ministry said

India Aims to Boost Local Industry Through Defense Projects Offer

March 3, 2022 @ 11:24 AM

The Indian Ministry of Defense has offered four projects to the Indian Industry for design & development under Make-I category of Defense Acquisition Procedure (DAP) 2020. The industry will be provided financial support for prototype development of these projects

United States to Build $1B Defense HQ for Kuwait

February 23, 2022 @ 05:05 AM

The U.S

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