U.S. State Department approves $304 million sale of AN/TPS-78 long-range radar to Egypt
Americas
China suspends $6.5 billion currency swap deal with Argentina as the country purchases American F-16 jets
China has reportedly suspended US$6.5 billion in credit swaps to Argentina, just as a new president takes charge in Buenos Aires. Freeze comes as new Argentine President Javier Milei, who campaigned on breaking ties with […]
Defense Industry
Chancellor Merkel’s last-minute approval sees German arms exports peak at $5.6 billion
After a last-minute approval of arms deals in the billions by Angela Merkel’s departing government, Germany’s weapons exports reached a record level in 2021, despite the government only acting in an executive capacity at the […]
Americas
President Trump is expected to abolish 1987 arms control treaty to export sophisticated drones to South Asia and the Middle East.
U.S. President Donald Trump is expected to unilaterally revise a 38-year-old arms control treaty that would allow the selling of sophisticated Reaper-style and other advanced military drones abroad, Reuters reported recently, citing a U.S. official […]
