Defense Industry
Turkey Negotiating With UK To Purchase Eurofighter, Type 23 Frigate And C-130J Aircraft
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Defense Industry
Defense Industry
UK allocates $6 billion to replenish weapons delivered to Ukraine
Prime Minister Rishi Sunak will spend an extra 5 billion pounds ($6 billion) to replenish ammunition stocks and fund the next phase of a submarine pact with the United States and Australia in an update […]
Defense Industry
Australia to buy three nuclear-powered submarines with option to buy two more -White House
Australia will buy three Virginia class nuclear-powered submarines with the option to buy two more, White House national security adviser Jake Sullivan said on Monday. President Joe Biden has confirmed that the US will sell […]
Defense Industry
Australia buying ‘highest quality’ secondhand Virginia class submarines from US, congressman says
On the eve of the highly anticipated AUKUS unveiling, Anthony Albanese has declared a “new dawn” for Australia’s defence policy, with predictions the nuclear-submarine project will support about 20,000 jobs over the next 30 years. […]
Defense Industry
Ukraine War Promoted Rapid Growth Of Israeli Weapons Export To Europe And Asia
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Defense Industry
Germany mulls buying Australian Boxer CRV armored vehicles worth $1.9 billion
Germany is considering purchasing many Boxer armored vehicles from Australia in a potential 3-billion Australian dollar ($1.9-billion) deal. The development was reported by Andrew Tillett in the Australian Financial Review, citing Berlin’s $157-billion spending spree on new weapons and equipment. […]
Defense Industry
Western Supply Chain Needs To Ramp Up Production To Replenish Domestic Stocks And Supports Ukraine War
Far from the battlefield of Ukraine, a new conflict is taking shape that could determine the future of the war – one between Western governments and the global arms industry. Nato member states gathered in […]
Defense Industry
China boosts its military budget by nearly $230 billion this year – 7.2% of its spending
China announced it will boost its military budget by nearly $230 billion this year amid concerns it will launch an invasion of Taiwan. The money is set to ‘boost combat preparedness and enhance military capabilities,’ […]
Defense Industry
Lockheed Martin to deliver more F-35 stealth jets to Australia
The US company Lockheed Martin hopes the Royal Australian Air Force will want to buy more fifth-generation F-35 Lightning II fighters. It was announced by Executive Vice President Greg Ulmer on the sidelines of Avalon […]
Defense Industry
BAE Systems annual sales rose to £23.3 billion amid Ukraine war
Defense giant BAE Systems notched up record orders in 2022 amid an “elevated threat environment” after Russia’s invasion of Ukraine. Britain’s biggest defence firm reported its highest ever order intake of £37.1 billion for last […]