Iran may draw $200 million from its sovereign wealth fund to pay compensation for the Ukrainian airliner that it shot down accidently in January. The semi-official ISNA news agency reported that Iranian authorities had proposed to tap the National Development Fund of Iran (NDFI) to utilize for compensation
India today hosted a webinar to boost defence cooperation with Nigeria, one of the African countries with highest military spending. The theme of the webinar was “Indian Defence Industry Global Outreach for Collaborative Partnership: Webinar and Expo
The U.A
Philippines received $18 million worth of weapons from the U.S
The United States is fiercely opposed to Iraqs procurement of Russian-made S-400 air defense system for fear of losing the aerial hegemony it enjoys in the region, as well as loss of lucrative arms deals, an Iraqi parliamentarian has said. “The main reason is to prevent the Russian side from marketing its air defense systems in the region, whether it is Iraq, the Persian Gulf region, Iran or any other country in the Middle East, because the US, along with Israel, will lose its hegemony over regional countries airspace, and its freedom of movement to target anti-Israel sites would be constrained,”...
An Israeli government committee will probe the purchase of submarines and corvettes from German shipbuilder Thyssenkrupp ordered by Prime Minister Netanyahu during his previous term. On Sunday, Defense Minister Benny Gantz announced decision to form the committee, to be led by retired judge Amnon Straschnov, to investigate Netanyahus role in the so-called submarine affair, also known as Case 3000
Greece and United Arab Emirates (UAE) today signed a foreign policy and defense agreement which has angered their common foe, Turkey. Greek Prime Minister Kyriakos Mitsotakis met UAE Crown Prince Mohammed bin Zayed Al Nahyan
The Russian Helicopters has delivered the first Ansat helicopter to a European client, Republika Srpska. The operator of the rotorcraft, which is equipped for medical operations, is the Ministry of Interior of the Republika Srpska (Bosnia and Herzegovina)
French and German C-130J Super Hercules aircrews and maintainers will train in a facility located in France, built and equipped by Lockheed Martin for the countries binational C-130J Super Hercules Squadron. The company will provide training devices, the learning management system, courseware and options for five years of training services under the terms of a new direct commercial sale (DCS) contract, allowing for in-country learning
The Japanese Navy on Thursday launched its first new generation of stealth multi-mission frigates, which will incorporate missile launchers, surface and underwater unmanned systems and electronic counter-measures. Christened as “Kumano,” and technically called the 30FFM ship, was launched in a ceremony at shipbuilder Mitsuis facilities at Okayama, Japan, on Nov