Defense Industry
Turkish drone giant Baykar signs joint venture deal for UAV factory in Indonesia
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Defense Industry
Defense Industry
Turkish Defense Industries Exported $7.1 Billion Arms Globally
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Defense Industry
Emirati State-owned Edge Purchases 30 Percent Stakes in Israeli Thirdeye Systems
Thirdeye Systems, an Israeli military supplier, said it has sold a 30% stake to Emirati state-owned defense conglomerate EDGE for $10 million, in a rare public investment by an Emirati firm in Israel since the […]
Defense Industry
Turkish ASELSAN, Baykar and TUSAS named top 100 global arms dealers
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Defense Industry
Turkish defense industries hit 70 percent domestic production capacity
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Defense Industry
Israeli Elbit Systems Profit Surges Amid Global Arms Demand
Israeli defense giant Elbit Systems saw its quarterly profit surge and sales increase bolstered by growing demand from the Israeli military amid the fighting with Hamas terrorists in Gaza and Iran-backed Hezbollah in Lebanon. The […]
Defense Industry
Russia Lost 93% Arms Export Orders Due To Poor Performance Of Its Military Hardware In Ukraine War
Exports of Russian weapons will have dropped by 93 percent in three years by the end of 2024, a defense policy expert has found. The country’s arms exports have been falling since its President Vladimir […]
Defense Industry
Saab Awarded Contract To Produce Underwater Vessels For Singaporean Navy
The agreement was signed 20 November at the Sweden – Singapore Royal Business Forum in connection with the first Swedish state visit to Singapore. The expanded MoU builds upon a previous agreement signed in 2023, […]
Defense Industry
Turkey exported unmanned aerial vehicles to 40 countries worth $5.5 billion
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Defense Industry
Saab secures $80 million NATO order for AT4 anti-armor weapon
Sweden-based defense and security company Saab has recently announced a new contract win. According to a press release, the NATO Support and Procurement Agency (NSPA) has placed an order for the highly regarded anti-armour weapon, […]