U. S. Senate Out-votes Trump Veto of $741B Defense Bill

January 2, 2021 @ 09:33 AM

The Senate voted to override U.S

Lockheed Martin to acquire Aerojet Rocketdyne for $4.4B in 2021

December 21, 2020 @ 05:31 AM

Lockheed Martin said today it plans to acquire Aerojet Rocketdyne for $4.4 billion next year

Europe’s SEA Defence Project Kicks Off Officially

December 18, 2020 @ 10:05 AM

The Netherlands-led consortium for European Defense Industrial Development Programme (EDIDP)-funded SEA Defence project announced its official start on Thursday. The European Commission (EC) selected the SEA Defence project in June 2019

U.S. Sanctions: Turkey Refuses to Abandon S-400, Deals with Pakistan Could be...

December 17, 2020 @ 01:06 PM

Turkey today refused to back down on using its S-400 air defense systems (ADS) even as the United States announced sanctions again the countrys defense agency, and the denial of permission to export defense goods made with U.S

S.Korea’s Hanwha Signs Joint Defense Research Agreement with U.S. Army...

December 16, 2020 @ 06:25 AM

South Koreas Hanwha became the first Korean enterprise to seal an agreement with the U.S

Franco-German KNDS Appoints New Chairman, MD

December 14, 2020 @ 05:27 PM

Five years after its creation, the French and German governments today announced that the land systems manufacturer KNDS will change its governance on December 15, 2020, by appointing a new managing director and a chairman. To approach this new stage in the integration of KNDS, to make the company the benchmark European player in land armament, in particular within the framework of the MGCS program (the future heavy tank to eventually replace the Leopard and Leclerc), the two shareholders have appointed the future directors of KNDS, a French MoD release said

Chinese Analysts Question SIPRI data, Say China not World’s Second Biggest Arms...

December 10, 2020 @ 05:31 AM

Calling China the second-largest arms seller is an overestimation and reinforces the “false assertion” of the so-called “China threat,” a Chinese military commentator said questioning a latest arms sales report by the Stockholm International Peace Research Institute (SIPRI). The December 6 report compiling sales data of 25 largest global arms companies for which data isavailable totaled US$361 billion last year, an 8

Paris Air Show 2021 Cancelled over COVID Fears

December 7, 2020 @ 03:21 PM

French Aerospace Industries Association (GIFAS) and Paris Air Show organization cancelled the 2021 edition of the show scheduled to take place from June 21-27 next year, to curb the spread of the COVID-19 virus. The next edition of the

US and China Dominated Arms Market in 2019: SIPRI Report

December 7, 2020 @ 05:13 AM

Chinas heavy investments in the defense industry appears to be paying off with Beijing dominating the global arms market in 2019 while Russia is losing ground. Total sales by the top 25 rose by 8

United States’ Arms Exports Totaled $175.08 billion in 2020, up 2.8% Over

December 5, 2020 @ 02:59 AM

United States arms exports (including both government-managed and commercial) rose 2.8 percent from $170

Pakistan Books PIA’s German ex-boss For Graft

December 1, 2020 @ 09:49 AM

Pakistans Federal Investigation Agency (FIA) on Monday registered booked German ex-CEO of Pakistan International Airlines (PIA) for abusing his powers and making illegal appointments. “The FIA Corporate Crime Circle has registered an FIR against German national Bernd Hildenbrand, a former acting CEO of PIA, for allegedly abusing his powers and illegally appointing Austrian national Hel­mut Bechhofner as a consultant to CEO in October 2016,” said deputy director, FIA, CCC, Karachi, Abdur Rauf