US Sanctions Chinese Firms for Deals with Iran Shipping Lines After UN...

October 20, 2020 @ 10:01 AM

The United States today imposed sanctions on six Chinese companies for their dealings with Islamic Republic of Iran Shipping Lines (IRISL), a day after a U.N

Tempest Jet to Generate 20,000 Jobs, Contribute £25 Billion to UK Economy

October 15, 2020 @ 10:25 AM

The British Future Combat Air Programme, Tempest, is expected to create 20,000 jobs every year from 2026 to 2050, and contribute £25 billion to the UK economy. The Tempest programme is being delivered by Team Tempest, a UK technology and defence partnership formed by BAE Systems, Leonardo UK, MBDA, Rolls-Royce and...

Airbus: “Illegal” Subsidies to Boeing Cost Us $4B Annually

October 14, 2020 @ 10:06 AM

The European Union won the right to impose tariffs on $4 billion of U.S

Boeing Military Aircraft Deliveries Drop Owing to COVID-19

October 14, 2020 @ 09:10 AM

Boeing in its Third-Quarter delivery report published today said its military aircraft deliveries were down from 174 to 120 of them shipped until September 30, for both years. The drop in figures could be due to Boeings suspension of production activities at some of its facilities, including Puget Sound and Moses...

Japan to Allow Arms Export to Vietnam

October 14, 2020 @ 06:28 AM

Japan could begin exporting defense equipment and technology to Vietnam under a planned agreement to be signed by the two countries. It is part of a move to strengthen defense capabilities of Indo-Pacific nations to counter Chinese maritime advances, the Nikkei newspaper reported Wednesday

Airshow China Indefinitely Postponed Citing COVID-19

October 13, 2020 @ 01:06 PM

The organiszers of the biennial Airshow China event in Zhuhai, scheduled to take place November 10-15, have cancelled the event owing to COVID-19 pandemic. “The global situation of the COVID-19 pandemic is still developing rapidly

US imports $531Million Worth Defense Goods from Turkey in 2020

October 12, 2020 @ 06:28 PM

The United States has imported $531.1 million worth defense goods from Turkey during the first nine months of 2020, official Turkish data has revealed

US-Tunisia Sign Road Map for Defense Cooperation

October 2, 2020 @ 08:17 AM

US Defense Secretary Dr. Mark T

Iran Gears up for Major Defence Exports Ahead of UN Arms Embargo...

September 29, 2020 @ 01:18 PM

Iran may have sold its Bavar-373 air defence system and Khordad-3 anti-aircraft missile systems to Syria giving an indication that it plans to become a major arms exporter to regimes under sanctions or those unable to afford US or Russian arms. While news of the two high-tech systems sale has not been revealed by either Iran or Syria; indications that a sale may have taken place came from a statement made by Iran's Army spokesman Abu Fadl Shikaraji, "We have deployed some air defense systems to Syria at the request of the government in Damascus

Israel Aerospace Acquires 50% of BlueBird Aero Systems

September 24, 2020 @ 03:01 PM

Israel Aerospace Industries (IAI) signed today an

India, Japan Sign Reciprocal Agreement to Support Each Others' Armed Forces

September 10, 2020 @ 06:27 PM

India and Japan signed an Agreement between the two countries concerning Reciprocal Provision of Supplies and Services between the Armed Forces of India and The Self-Defense Forces of Japan. The agreement was signed here yesterday by Defence Secretary Dr Ajay Kumar and Ambassador of Japan Mr Suzuki Satoshi

Rolls-Royce Posts $7 Billion Loss in H1 2020

August 27, 2020 @ 04:24 PM

Rolls-Royce in its financial report published today, has admitted that it failed to ring the cash registers, with worldwide grounding of aircraft, order cancellations and crisis in air transport sparked by COVID-19 pandemic. The British firm, which operates in the air, defense and energy sectors, posted a net loss of £5