Weapons and military equipment produced in South Korea are sought after for their reliability, rapid delivery times, and relatively low prices. Global demand for weapons has surged after Russia’s invasion of Ukraine. The South Korean […]
Norway’s largest defense company has completed the acquisition of a California missile startup that makes interceptors and strike weapons designed to be produced by the thousands rather than the dozens, bringing a proven American mass-munitions […]
Swedish defence and aerospace group Saab reported a bigger-than-expected rise in operating earnings for the second quarter on Friday as booming demand in its major markets drove a sharp rise in sales and order bookings. […]
The Albanese Government has released the 2026 Defence Industry Development Strategy to strengthen Australia’s sovereign defence industrial base and boost self-reliance. The strategy builds on record defence spending outlined in the 2026 National Defence Strategy […]
Türkiye’s defense and aerospace exports exceeded $11 billion (TL 514.86 billion) on a rolling 12-month basis for the first time ever, a top official said on Friday. Haluk Görgün, head of the Presidency of Defense […]
French defence group Safran entered into exclusive negotiations with Exail Technologies over a possible acquisition of the sea drone maker at €128.5 ($146.71) per share, the companies said on Friday. The deal would see Safran […]
Poland has concluded approximately 40 defense contracts worth over 120 billion zloty (over $33 billion USD) to heavily rearm its military. The country became the first European Union nation to tap into the EU’s low-interest […]
Turkey, once heavily reliant on foreign arms makers, now supplies nearly 40 countries, mainly in the Gulf, Africa, Asia, and parts of Europe, with weapons. Two decades of state investment have transformed Turkey into a […]
The multi-domain package includes autonomous unmanned vehicles, ground-based electronic warfare solutions, precision-guided artillery, and advanced reconnaissance systems. Elbit Systems Ltd. announced on Tuesday that it secured an approximately $1.4 billion defense contract from an unnamed […]
Swedish defence giant Saab has signed a strategic collaboration agreement with Polish state defence group PGZ to cooperate on naval production, servicing, and technology. The firms say that PGZ will be integrated into Saab’s supply […]
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