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Finland, Sweden Sign Defence Cooperation Agreement

June 7, 2022 @ 02:26 PM

Finland and Sweden will sign a Host Nation Support Memorandum of Understanding (MoU) in Reykjavik, Iceland, to strengthen defence and deepen bilateral cooperation between the two countries in all security situations. The MoU also lays the foundation for operational cooperation in peacetime and will make agreeing on host nation support for...

Economic War with Russia Hots up as EU Decides to Curtail Oil...

May 31, 2022 @ 11:37 AM

European Union (EU) leaders agreed on Monday to cut down more than two-thirds of Russian oil imports into the bloc by the end of the current year. The decision was part of new sanctions on Russia worked out at a summit focused on helping Ukraine

Turkey, U.A.E. Sign MoUs for Defense Industry Cooperation

May 31, 2022 @ 04:41 AM

Turkey and the United Arab Emirates (U.A

Poland Seeks South Korean Howitzers and Infantry Fighting Vehicles

May 30, 2022 @ 12:27 PM

Poland is looking to buy South Korean armored vehicles and howitzers besides cooperating with Asian defense industry giant in armaments research. The defence minister of Poland Mariusz Blaszczak and his South Korean counterpart Lee Jong-Sup signed an agreement on cooperation in the area of armaments and research

Turkey, Kazakhstan to Co-produce Anka Drones

May 12, 2022 @ 11:46 AM

The Turkish Aerospace Industries (TAI) announced that it will produce Anka combat drones with Kazakhstan, a country that purchased some of these aircraft last year. The company signed a memorandum of understanding with state-owned Kazakhstan Engineering on the transfer of technology, including maintenance and repair

Russia Increased Military Outlay by 2.9% to $65.9 billion in Run-up to...

April 27, 2022 @ 11:24 AM

Russia invested more in modernizing its military just before its invasion of Ukraine in comparison to previous years, data published by the Stockholm International Peace Research Institute (SIPRI) showed on Monday. Global military spending topped $2 trillion for the first time ever in 2021, reaching $2

Ukraine Seeks Contributions from Individuals to Buy Arms

April 4, 2022 @ 08:41 AM

Ukraines arms procurement agency, Ukrinmash has sought contributions from individuals at home and abroad to buy arms for the countrys army. A statement posted on the agencys website April 1, described how to contribute funds to help the Ukrainian army with weapons and military equipment as quickly as possible

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

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