European Union (EU) leaders agreed on Monday to cut down more than two-thirds of Russian oil imports into the bloc by the end of the current year. The decision was part of new sanctions on Russia worked out at a summit focused on helping Ukraine
Turkey and the United Arab Emirates (U.A
Poland is looking to buy South Korean armored vehicles and howitzers besides cooperating with Asian defense industry giant in armaments research. The defence minister of Poland Mariusz Blaszczak and his South Korean counterpart Lee Jong-Sup signed an agreement on cooperation in the area of armaments and research
Plans to manufacture the Kalashnikov rifles in India is going as per plan but is hit by delays in Venezuela, Vladimir Lepin, general director of the company was quoted as saying in a report by
The Turkish Aerospace Industries (TAI) announced that it will produce Anka combat drones with Kazakhstan, a country that purchased some of these aircraft last year. The company signed a memorandum of understanding with state-owned Kazakhstan Engineering on the transfer of technology, including maintenance and repair
Leonardos U.S
Russia invested more in modernizing its military just before its invasion of Ukraine in comparison to previous years, data published by the Stockholm International Peace Research Institute (SIPRI) showed on Monday. Global military spending topped $2 trillion for the first time ever in 2021, reaching $2
Ukraines arms procurement agency, Ukrinmash has sought contributions from individuals at home and abroad to buy arms for the countrys army. A statement posted on the agencys website April 1, described how to contribute funds to help the Ukrainian army with weapons and military equipment as quickly as possible
The U.S
Ukraines Deputy Prime Minister and Economy Minister Yulia Svyrydenko estimates Russias invasion to have inflicted nearly $565 billion of economic damage on her country. In a Facebook post, Svyrydenko said the $564
Elbit Systems was awarded contracts with an aggregate value of approximately $130 million to deliver an artillery munitions production line in a country in Asia-Pacific. The contracts will be performed over a period of 2