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South Korea, Saudi Arabia Sign MoU on Mutual Quality Guarantee for Exported...

February 24, 2025 @ 08:48 AM

South Korea's Defense Acquisition Program Administration (DAPA) signed a memorandum of understanding (MoU) with Saudi Arabia on a mutual quality guarantee program for exported arms, aiming to increase bilateral defense trade. The MoU will pave the way for the export of Korean arms to Riyadh and vice versa

First Batch of 'Ready To Fly' Russian Engines Shipped For Installation on...

February 22, 2025 @ 07:47 AM

Russia's United Engine Corporation (UEC) has delivered the first batch of PD-14 engines for installation on the MC-21 airliner, which faced delays due to U.S

Rheinmetall Secures Contract to Supply Training Simulators for German Navy

February 18, 2025 @ 12:24 PM

The Bundeswehr has awarded Rheinmetall a contract to deliver advanced training simulators for the German Navy. The project, known as the Distributed Naval Training Architecture (Verteilte Trainingsarchitektur der Marine, or VTAM), is valued in the mid-double-digit million euro range

Thales, Ukrainian Defence Industry to Establish JV for Air Defense, Radar and...

February 17, 2025 @ 07:31 AM

French defense company Thales and Ukraines Joint Stock Company "Ukrainian Defence Industry" (UDI) have signed an agreement to create a joint venture focused on air defense systems, radars, electronic warfare systems, tactical communications, and optoelectronic solutions. The

Turkey's Baykar to Establish JV in Indonesia to Produce Drones

February 13, 2025 @ 06:52 AM

Baykar, a Turkish drone manufacturer, and Indonesian defense company Republikorp have signed an agreement to establish a joint venture for unmanned aerial vehicle (UAV) production, assembly, and maintenance in Indonesia. The signing ceremony took place during Turkish President Recep Tayyip Erdoğans visit to Indonesia, where he met with Indonesian President Prabowo Subianto

Netherlands Becomes Launch Customer for Pilatus PC-7 MKX Trainers

February 8, 2025 @ 08:26 AM

The Netherlands has signed contracts for the purchase of eight Pilatus PC-7 MKX training aircraft and four flight simulators to replace the aging Pilatus PC-7 fleet. The PC-7 MKX is an improved and modernized version of the Pilatus PC-7 MkII

Ukraine, Poland Sign Defense Deal on Ammunition, Vehicles, Artillery, Air Defense

February 7, 2025 @ 02:28 PM

Ukraines Ukroboronprom and Polands PGZ have signed an

Indra to Acquire Spanish Defense Satellite Operator, Hispasat

February 4, 2025 @ 12:27 PM

Indra Group has signed an agreement with Redeia Corporación to acquire 89.68% of the share capital of Hispasat, a satellite operator and service provider, for €725 million

U.S. Blocks $2B from Russia to Turkey as Loan for Nuclear Power...

February 4, 2025 @ 09:51 AM

JPMorgan Chase has blocked $2 billion transferred from Russia to Turkey as a loan for the Akkuyu nuclear power plant (NPP), following an order from the U.S

French KNDS to Acquire Texelis, Maker of SERVAL Armored Vehicles

February 3, 2025 @ 12:52 PM

KNDS and Texelis signed a Memorandum of Understanding (MOU) concerning the proposed acquisition by KNDS France of Texelis' Defense business. Texelis is a French company producing numerous parts and mobility components for the French Army armored vehicles

U.S. Awards Contract for Taiwan’s F-16 Training Simulators

January 31, 2025 @ 04:09 AM

CAE USA has received a contract valued at up to

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