Hanwha Systems Co. (HSC) and Israel Aerospace Industries (IAI) have signed a Memorandum of Understanding (MoU) to collaborate on marketing combat suites for naval platforms
Lockheed Martin today announced it has terminated its agreement to acquire rocket engine maker Aerojet Rocketdyne Holdings, Inc. for $4
Frances Naval Group and Indonesias PT PAL signed a Memorandum of Understanding (MoU) seeking to leverage the capabilities of both partners to meet the growing requirements of the Indonesian Navy. Both companies are leaders in their markets and confirm their willingness to further increase their cooperation to provide solutions to meet...
Ukraines Pallada Kherson State Plant, which is part of state-owned Ukroboronprom, will supply a composite floating dock with 8,500 tons of capacity under a new contract signed with Turkish company Hidrodinamik Shipyard. "This is the first Ukrainian-Turkish contract concluded after a free trade zone agreement between Ukraine and Turkey was signed...
Turkey and Ukraine inked a fresh deal aimed at expanding drone production in Ukraine besides signing the ‘historic free trade agreement (FTA) on Thursday. The FTA will reduce barriers in trade and help them reach a bilateral trade volume of $10 billion, a goal set by Turkish President Recep Tayyip Erdoğan and his Ukrainian counterpart Volodymyr Zelenskyy
The Israeli Ministry of Defence (MoD) suspended and revoked more than 3.600 defence export licences in 2021 following a review of the target countries in terms of human rights and political stability
The U.S
The Indian government said Tuesday it will invest 68% of the annual defence budget on domestic industry. “68% of the capital procurement budget for Defence to be earmarked for domestic industry to promote Aatmanirbharta and reduce dependence on imports
The U.S
China has donated RMB 130 million ($20.5 million) worth military aid to the Philippines, a country it is involved in a dispute over control over parts of the South China Sea