Asia Pacific budgets are set to outstrip USA and Canada by 2021, fuelled by an explosion in global arms trade that threatens the competitive edge and dominance of US, UK and European defence trade according to the biggest budget and export study since the economic downturn. The study, The Balance of...
Israel has been exporting weapons systems to Egypt, Algeria, Pakistan, Morocco and UAE as in the past five years, according to a British government agency report. The report, which deals with British government permits for arms and security equipment exports, was released by Britains Department for Business, Innovation and Skills,...
Israel is accelerating development of its high-altitude Arrow 3 antiballistic missile system amid concerns over Iran's nuclear program. "We're thinking mostly about the nuclear threat," Col
The United States have held back from signing the arms trade treaty, with over 60 countries believed to have signed it. “The United States welcomes the opening of the Arms Trade Treaty for signature, and we look forward to signing it as soon as the process of conforming the official translations...
Russia plans to start fulfilling its arms exports contract with Iraq upon receiving an advance payment, Russian Technologies CEO Sergei Chemezov announced. “The contract is being implemented, the production [of ordered equipment] has started,” Chemezov told RIA Novosti at the opening ceremony of a Russian grenade-launcher assembly facility in Jordan on Thursday
Jordan, which shares a border with war torn Syria, recently announced its plans to deploy Patriot missiles on its territory and it is doing so by extending cordial relationship with other countries. “Jordan wishes to deploy Patriot missile batteries in order to boost its defence capabilities and help protect the country,” Information Minister, Mohammad Momani said
Boeing has been awarded a $69 million firm-fixed-price, foreign-military-sales (FMS) contract from Saudi Arabia for the procurement of Apache Block III aircraft and associated parts and services. The total cumulative face value of this contract is $259,389,626, according to a U
Iraq's Central Criminal Court has recommenced a probe into officials suspected of corruption in a $4.2 billion deal to purchase Russian weapons, according to a senior Iraqi official
Yet to recover from American bombardment of its cities during the two "gulf wars", Iraq is the new darling of arms sellers. Both Russia and the U
During his first trip to the Middle East, U.S Defense Secretary Chuck Hagels met with Gen
China has stormed the world arms exporters big league by displacing the U.K