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Finland, Sweden Sign Defence Cooperation Agreement

June 7, 2022 @ 02:26 PM

Finland and Sweden will sign a Host Nation Support Memorandum of Understanding (MoU) in Reykjavik, Iceland, to strengthen defence and deepen bilateral cooperation between the two countries in all security situations. The MoU also lays the foundation for operational cooperation in peacetime and will make agreeing on host nation support for...

Poland, Czech Republic Discuss Joint Defense Equipment Procurement

June 7, 2022 @ 09:20 AM

The defence ministers of Poland and the Czech Republic signed an agreement on mutual military cooperation and the arms industry. On Friday, the June 3th in Prague, Minister Mariusz Blaszczak took part in intergovernmental Polish-Czech consultations, during which he met with the Czech Minister of Defence, Jana Cernochova

Lumibird to Acquire Saab’s Laser Rangefinder Business

June 1, 2022 @ 03:59 AM

Saab AB and European Lumibird SA completed a transaction Tuesday whereby Lumibird, through a newly established Swedish subsidiary based in Gothenburg, is acquiring Saabs laser rangefinder business. The transaction, which was signed in March 2021, was subject to a number of conditions, all of which now have been fulfilled

Economic War with Russia Hots up as EU Decides to Curtail Oil...

May 31, 2022 @ 11:37 AM

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, U.A.E. Sign MoUs for Defense Industry Cooperation

May 31, 2022 @ 04:41 AM

Turkey and the United Arab Emirates (U.A

Poland Seeks South Korean Howitzers and Infantry Fighting Vehicles

May 30, 2022 @ 12:27 PM

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

Kalashnikov Rifle Manufacturing in India Going as Planned, Delayed in Venezuela

May 27, 2022 @ 12:00 PM

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

Turkey, Kazakhstan to Co-produce Anka Drones

May 12, 2022 @ 11:46 AM

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

Russia Increased Military Outlay by 2.9% to $65.9 billion in Run-up to...

April 27, 2022 @ 11:24 AM

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

Ukraine Seeks Contributions from Individuals to Buy Arms

April 4, 2022 @ 08:41 AM

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

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