Turkish Defence Exports Cross $2 Billion in 2018
Defence exports from Turkey exceeded $2 billion for the first time in 2018, an increase of 17% over the previous year. According to Turkish Exporters Assembly (TİM) data, the exports carried out by the defense and aerospace industry soared by 24
Russia’s Rostec Signs Agreements Worth $1.5 billion at Army 2018 Show
Member-companies of Russias Rostec State Corporation signed agreements worth over 100 billion rubles ($1.5 billion) as part of the International Military-Technical Forum "Army-2018" held in Moscow last week
United States Plans Financing Option for Defence Equipment Sales
The United States government is planning a new financing option to enable its allies and partners buy American weapons as part of the Trump administrations goal of enabling defense contractors grow their sales. The US administration had liberalized the sale of unmanned aerial systems in April this year and plans further...
European Union Defence Spending at Euro 200 Billion in 2016
The 28-member European Union spent €200 billion ($222 billion) on defence in 2016, the same figure as in 2015, Eurostat announced Friday. The EU, most of whose members share NATO membership with the United States are under pressure from Washington to increase military spending and buy more American arms
China Becomes World's Second Biggest Military Spender: SIPRI
China has become the world's second biggest military spender behind the United States relegating Saudi Arabia and India to third and fourth place respectively according to a new report by the Swedish International Peace Research Institute (SIPRI) which compiles global arms procurement data. China increased its military spending by 5
Israel Plans to Loosen Defence Export Restrictions
Israeli companies need not obtain a marketing license for certain cyber and electro-optic systems and tools, and security and anti-terrorism warfare education, according to changes in the defence export policy proposed by the countrys Ministry of Defence (MoD). The MoD will significantly shorten the list of products whose overseas marketing requires prior approval from the Defense Export Controls Agency (DECA)
Trump Orders Review of Defence Industry Raw Material Supply Chain
President Donald Trump signed an executive order Friday ordering an assessment of materials, manufacturing and components required for the defense industry, their sourcing and supply chains. Peter Navarro, director of the National Trade Council, said in a background briefing to reporters that there is a shortage of domestic companies that can manufacture and repair certain key components for defense purposes
Bureaucratic Headwinds Spook Shinmaywa US-2 Aircraft Procurement in India
The procurement of 12 amphibious Aircraft from Shinmaywa of Japan which has been held up due to bureaucratic procedures in India could face further headwinds following the release of new defence procurement procedures(DPP). The procurement proposal had gone up to the Defence Acquisition Council (DAC), India's supreme defence purchase body chaired by the defence minister, which delayed an expected go-ahead to the deal last year for reasons not disclosed
Russia Starts Unannounced Nuclear Weapons Readiness Test
Russias Strategic Missile Forces (SMF) have begun an unannounced test of its nuclear weapons near the central Russian city Yoshkar-Ola, the SMFs press center said Wednesday. “The Committee of the Command of Strategic Missile Forces is conducting an unannounced test of the condition and security provisions of nuclear weapons in the Yoshkar-Ola Missile Unit,” the SMFs press service said in a statement
China Transparent On Its Military Spending: Chinese Media
China has claimed that its growing military spending is way less than that of US, UK and Japan in terms of per capita expenditure. Refuting the annual military balance report by UK based International Institute For Strategic studies that accused Beijing of lack of transparency in its military spending, Chinese Foreign Ministry Spokesperson, Hua Chunying said
Finmeccanica Aims To Re-Launch Group With New Industrial Plan For FY2015
Finmeccanica announced Tuesday approved the groups industrial plan for FY2015 guidance. The Plan is also the start of a re-launch and development of the Group, with a focus on the areas of excellence and a more effective commercial presence in key international markets
US Releases Revised Military Intelligence Budget
The Department of Defense released Saturday its revised Military Intelligence Program (MIP) request for the FY 2015 valued at $16.6 billion
Hensoldt Demos Airborne SIGINT Capabilities to German Customer
Germany Orders Long-Range Radars from Hensoldt and IAI
Two-seat Variant of Su-57 to be Built to Control Okhotnik Drones: Report
Russian Orion-E attack Drone Could Launch Vikhr Guided Missiles
Should the West be afraid of the Russian S-500 Air Defense System?
As though Russias S-400 air defense system (ADS) didnt give the West enough heebie-jeebies, the country has come up with...
U.S. Forcing U.A.E. to Abandon Huawei if it wants F-35 Jets
The United States could be using F-35 fighter jets as a leverage to force the United Arab Emirates (U
How Turkey's Bayraktar Drones Became an International Success
Turkeys Bayraktar TB2 Drones have become an international success over the past couple of years notching up sales in Poland,...
Gaza Conflict Casts Shadow over F-35 Jet Sale to UAE, Qatar
The United Arab Emirates (UAE)s $23 billion proposal to buy 50 F-35 fighter jets, MQ-9B attack drones, missiles and bombs–...
Latest Strategic Nuclear Submarines of Russia, China
China and Russia, whom the United States has termed as its big power competitors, launched nuclear powered strategic submarines during...
Why are Palestinian Rockets Getting Past Israel’s Iron Dome Defense System?
Over the past few days, Israel has been attacked with rockets from Palestinian fighters, some which have got past the...
