The defence ministers from Germany and France both declared that the European Union has absolutely no role to play in weapons export decisions, issuing a clear rebuke to European Commission ambitions to ease trade within […]
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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 […]
Export potential of new equipment key for MoD procurement shake-up, says ministerChange is part of reforms aimed at improving UK’s disastrous record in buying kit and weapons. The export potential of new equipment will become […]
Images of wrecked and abandoned vehicles – casualties in Moscow’s invasion of Ukraine – are calling into question the quality and reliability of Russian-made military hardware. A recent report by the Singapore-based ISEAS-Yusof Ishak Institute […]
Russia’s war in Ukraine and increased sales to Saudi Arabia helped German arms exports to reach $8.01 billion in the first half of the year. Arms exports from Germany rose 30% in the first six […]
The U.S. Commerce Department is scaling back export control requirements for Australia and the United Kingdom to foster defense trade under the three countries’ AUKUS security pact, reducing licensing burdens for trade valued at more […]
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 […]
South Korea plans to spend 346.7 trillion Korean won ($262.8 billion) in the next five years to bolster its defense capabilities amid, according to the country’s Defense Ministry. The ministry announced its 2024-2028 midterm defense […]
U.S. arms makers dominated last week’s Dubai Airshow, as Russia failed to report a single sale, with one executive claiming the country had been sidelined from the exhibition’s main pavilion. The biennial air show, which […]
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