Europe
German arms exports surged to $8.9 billions
The German government for the first time approved arms exports worth over 8 billion euros ($8.9 billion) in 2019, official data shows. The value of export licenses jumped from 4.824 billion euros in 2018 to […]
Defense Industry
Turkish Aselsan posts over $1 billion in turnover in 9 months
Turkish defense giant Aselsan posted $1.05 billion in turnover in the first nine months of 2021, 22% higher than the same period of last year. The company also posted record profit at TL3.1 billion, an […]
East Asia and Pacific Region
US bans arms exports to Hongkong
The US will bar the export of weapons and sensitive technology to Hong Kong, as it revokes the territory’s special trade status in response to China’s imposition of national security legislation on the Asian financial hub. Mike […]
