Europe
Turkiye has reached its limits to fund its ambitions to become arms export superpower.
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arms exports
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
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 […]
Europe
Russia’s arms export hit rock bottom, only $1 billion of arms exported in 2024, reported SIPRI
It has been three years since Russia’s full-scale invasion of Ukraine, and the conflict has had a profound effect on the Russian weapons industry, causing its arms exports to plummet. The Stockholm International Peace Research […]
Americas
United States has strengthened its dominance in the global arms trade, accounting for 43 percent
The United States has strengthened its dominance in the global arms trade, accounting for 43% of all major arms exports between 2020 and 2024, according to a new report from the Stockholm International Peace Research […]
East Asia and Pacific Region
Taiwan Considers $10 Billion Weapons Purchases From The U.S.
Taiwan is considering a multi-billion dollar arms purchase from the U.S., sources say, seeking support from the new Trump administration amid rising military pressure from China. Three sources familiar with the situation, speaking on condition […]
Defense Industry
Turkish Defense Industries Exported $7.1 Billion Arms Globally
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Europe
Russian arms industries vanished in the Ukraine war, corruption, tanking ruble and no export orders
As Russian President Vladimir Putin put it, Russia’s arms industry and its export capabilities have long been a point of national pride. Even after launching its full-scale invasion of Ukraine in February 2022, Russia claims […]
Defense Industry
Turkish defense industries hit 70 percent domestic production capacity
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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 […]