Defense Industry
Turkey exported unmanned aerial vehicles to 40 countries worth $5.5 billion
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Defense Industry
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, […]
Defense Industry
Israeli Arms Export Soars Amid Middle East Conflict And Ukraine War
Months after Prime Minister Benjamin Netanyahu declared that Israel was “one step away from total victory” over Hamas, the IDF remains on high alert for a potential flare-up with Hezbollah and Iran. This past weekend […]
Defense Industry
Turkish Defense Industries Export Surges By 12%
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Americas
General Dynamics beats quarterly estimates on robust military equipment demand for Ukraine war
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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. […]