Americas
General Dynamics beats quarterly estimates on robust military equipment demand for Ukraine war
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Defense Industry
Defense Industry
Roketsan, EDGE sign partnership agreement to produce smart munitions
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Defense Industry
South Korea offers syndicated loans to export weapons to Poland worth $23 billion
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Defense Industry
South Korea awards $355 million contract for F-100 engines
Pratt & Whitney, a subsidiary of RTX, has been awarded an F100 engine performance-based logistics (PBL) sustainment contract by South Korea’s Defense Acquisition Program Administration (DAPA). The contract, with a base value of $355 million, […]
Defense Industry
Russia cannot export arms anymore, bleak prospects of Russian arms industries
Russia’s once-potent arms export industry is collapsing amid the pressures of its war on Ukraine and a struggling economy, according to new data released by the Stockholm International Peace Research Institute (SIPRI) on Sunday. The […]
Defense Industry
China unveiled $236.1 billion defense budget with 7.2 percent raise
China is raising its defense budget by 7.2% for 2024, the government announced March 5 during the second annual session of the 14th National People’s Congress. The new budget is nearly 1.7 trillion yuan (U.S. […]
Defense Industry
Which Global Defense Giants Are Benefiting From Russia’s Invasion In Ukraine?
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Defense Industry
Rheinmetall awarded contract to produce 40mm grenade launcher ammo for Germany
Rheinmetall has signed two contracts with the German Armed Forces to produce and supply service and training ammunition for the force’s automatic grenade launchers. Under the first order, the arms manufacturer will supply “tens of […]
Defense Industry
Australian Sailors Embed Aboard To Learn About Submarine Tenders For AUKUS Submarines
A group of 37 Royal Australian Navy officers and sailors have departed for Guam to embed on board USS Emory S. Land, the United States submarine tender. In December last year, Australia, the United States […]
Defense Industry
Romania Cancels Warship Deal With France’s Naval Group
Romania’s defense ministry said late on Tuesday it has cancelled a long-delayed deal to buy four warships from French firm Naval Group after the company and a junior partner failed to meet a deadline to […]