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India Achieves Highest Ever Defense Export Revenue

July 9, 2022 @ 02:25 PM

Indias arms and defence exports has touched a record of Rs 13,000 crore (USD 163.9 million) in the financial year 2021-22 with private sector accounting for the majority of the sales

Three Private Banks to Provide Overseas Procurement Financial Services to Indian MoD

July 7, 2022 @ 09:38 AM

The Indian Ministry of Defense has assigned three Private Sector Banks viz HDFC Bank Ltd., ICICI Bank and Axis Bank to provide the Letter of Credit and Direct Bank Transfer business for overseas procurement

Israel’s Rafael Acquires U.S.-Based Electro-Optic Systems Manufacturing Company ‘PVP AEO’...

July 5, 2022 @ 06:23 AM

Israels Rafael Advanced Defense Systems Ltd. said it has completed the acquisition of PVP Advanced EO Systems, Inc

Indonesian Defense Firms Sign Cooperation Pact with U.A.E.

July 1, 2022 @ 04:56 AM

Prominent Indonesian defense manufacturers shipbuilder PT PAL Indonesia and PT Dirgantara-PT Pindad team have signed cooperation pacts with the U.A

Amidst Ukrainian War, Russia Prepares for Army 2022 Arms Trade Show

June 29, 2022 @ 05:38 PM

Seven nations will set up national pavilions besides delegations and companies from 129 countries are invited to participate in the Army-2022 military-technical forum, which will be held from August 15 to 21 in the Moscow Region.This was announced by the head of the Main Directorate for Innovative Development of the...

Leonardo DRS, Israeli Electronics Firm RADA Announce Merger

June 22, 2022 @ 10:20 AM

Leonardo DRS, the U.S

U.S., France Sign Defense Trade Strategic Dialogue

June 14, 2022 @ 04:41 AM

American and French representatives green lit the U.S

Russian Successor to McDonald’s Picks New Logo

June 10, 2022 @ 03:10 PM

The fast-food service, which will replace America's McDonalds in Russia, has selected a new logo. Sistema PBO, the company that now manages the Russian business previously owned by McDonalds, is preparing to reopen its first string of restaurants in Moscow on June 12

Ukraine Discusses Purchase of Heavy Weapons With Foreign Military Attaches

June 10, 2022 @ 02:10 PM

Ukrainian arms manufacturing holding company, Ukroboronprom met with military diplomats from 17 countries on June 8 during which purchase of heavy weapons for Ukraine became one of the key topics of discussion.Ukroboronprom, in addition to the production and restoration of weapons and military equipment for the Armed Forces as a priority, is also engaged in the import of weapons

North Korea Spends $650M on Missile Tests in 2022

June 10, 2022 @ 03:23 AM

North Korea has spent up to $650 million on missile tests this year, a government-affiliated think tank in Seoul said Thursday. As per Korea Institute for Defense Analysis, Kim Jong Un's regime spent an estimated $400 million to $650 million on developing and testing the 33 missiles it fired this year

Rheinmetall, KMW Form JV in Lithuania to Maintain NATO Armored Vehicles

June 8, 2022 @ 07:42 AM

Rheinmetall and Krauss-Maffei Wegmann (KMW) have established a joint venture in Lithuania for providing comprehensive logistical support for combat vehicles belonging to the NATO nations stationed in the Baltic States. Known as Lithuania Defense Services, the company will commence operations in Jonava in May 2022

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