Defense Industry
Turkish Aselsan Secured $2 Billion Work Orders in 2024.
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Defense Industry
Defense Industry
Turkish Defense Exports Reached $8.5 Billion in 2024.
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Defense Industry
India signs deal with American General Electric for 113 GE-404 engines for HAL Tejas Mk1A.
The negotiations are almost finalised for buying 113 more GE-404 engines from the American firm GE for the 97 LCAs. The deal is expected to help HAL get its complete requirement of 212 GE-404 engines […]
Defense Industry
Hanwha Aerospace Awarded Contract to Produce 80 General Electric F414 Engines for KF-21 Fighter Jets
Hanwha Aerospace has received a contract to supply propulsion systems for South Korea’s KF-21 Boramae fifth-generation combat aircraft. Costing 623.2 billion won ($460.7 million), the deal includes 80 General Electric F414s manufactured domestically under license […]
Defense Industry
Civmec to acquire shipbuilder Luerssen Australia
Australian engineering company, Civmec, is to acquire shipbuilder Luerssen Australia from Naval Vessels Luerssen (NVL) for A$20 million. This strategic acquisition marks a significant milestone in Civmec’s evolution as a sovereign Australian shipbuilder and will […]
Defense Industry
Top 100 Global Airborne Drone Manufacturers
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Defense Industry
France Opposed to Deregulating Intra-EU Defense Components Export
Paris has raised its voice against any revision of the current EU rules on export control for defence gear within the EU. To reduce administrative burdens and speed up weapons production, the Commission proposed facilitating […]
Defense Industry
Turkish TAI, Brazil’s Embraer launch joint development of military aircraft
Turkish Aerospace Industries (TAI) and Brazil’s Embraer have launched a strategic collaboration to conduct joint research and development (R&D) and manufacturing activities for both civilian and military platforms. Late Tuesday, Industry and Technology Minister Mehmet […]
Defense Industry
Turkish Asalsan Named Among the Top 50 Defense Company in the World
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Defense Industry
European Union Will Spend $867 Billion on Collective Security and Decoupling American Companies from Europe
As Europe plans to pour billions of dollars into defense, many regional leaders are pushing for the money to be spent locally — but some market watchers say it’s inevitable that U.S. companies will benefit […]