G7 leaders agreed on Thursday to lend Ukraine $50 billion this year- backed by profits from frozen Russian assets- to help the country’s war effort and rebuilding. A plan to use frozen Russian assets for […]
President Joe Biden and Ukrainian President Volodymyr Zelenskyy signed a 10-year bilateral security agreement Thursday at an international summit that included a deal on a multibillion-dollar loan to help Kyiv defend against Russia’s invasion. “We’re […]
A fire broke out at the Sukhoi Design Bureau in Moscow, a leading Russian aircraft development company known for designing and manufacturing military jets with the Su prefix. “In the southwest of Moscow, the design […]
The French Navy frigate Alsace was able to launch a new-generation Exocet Mer-Mer 40 Block 3c anti-ship missile. This is reported by MBDA. The Mer-Mer 40 Block 3c or MM40 B3C is the most advanced […]
A Pakistan Air Force (PAF) JF-17 Block 2 fighter jet crashed last week, with the pilot ejecting safely. Social media often mocks the JF-17, calling it a blunder instead of JF-17 Thunder, for its unreliability […]
Spanish firms Escribano, Indra, and TRC have signed an agreement to develop a new counter-drone system for the Spanish Armed Forces. The companies will create a system with radar, optronics, and radio frequency technologies to […]
The United States will send another Patriot missile air defense system to Ukraine in the coming days, US media reported, citing unnamed administration and military officials. News of the decision to provide the advanced system […]
South Korea has greenlit a plan to develop advanced missile systems designed to intercept higher-altitude targets, enhancing its air defense capabilities against North Korean threats. The Defense Project Promotion Committee approved the 2.8 trillion won […]
New U.S. sanctions that forced Russia’s leading exchange to halt dollar and euro trading led to a range of varying prices and spreads as trading moved over-the-counter (OTC) on Thursday, obscuring access to reliable pricing […]
The seven-year contract, awarded by Hanwha Ocean, is to manufacture and install the weapons handling launch system (WHLS) on Boat 6 of the Jangbogo-III class boat. Boat 6, namely Jangbogo-III Batch-II Boat 3, along with […]
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