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S.Korea Defers F-35As Induction As Part of $485.8M Budget Cut to Fund...

August 3, 2021 @ 05:44 AM

South Korea will delay inducting its new F-35A fighters, as it directs 560 billion won ($485.8 million) from its defense budget to fund an extra budget in the wake of the COVID-19 pandemic

Philippine President Restores Visiting Forces Agreement with U.S.

July 31, 2021 @ 08:04 AM

Philippine President Rodrigo Duterte restored the Visiting Forces Agreement (VFA) that allows American soldiers to conduct military exercises on Philippine soil, after meeting with Secretary of Defense Lloyd J. Austin III last night

U.S. Sanctions to Target Iran's Drone, Guided Missile Programs: Report

July 30, 2021 @ 05:36 AM

Iran's military projects that involve development of precision-strike drones and guided missiles could be disrupted by sanctions that the U.S

Russia Replaces Dollars with Rubles, Local Currency in Defense Deals

July 23, 2021 @ 09:22 AM

Russia has nearly stopped receiving payments in US dollars for defense sales in view of U.S

G7 Countries Welcome Ukrainian Parliament Vote to Reform State-owned Defense Enterprises

July 15, 2021 @ 12:37 PM

G7 countries today welcomed a Ukrainian Parliament vote on Tuesday to reform state-owned defense enterprises grouped under “Ukroboronprom.” The reform move is driven by Ukraines desire to join NATO

Russia to Host 12 International Defense Exhibitions in 2022-23

July 11, 2021 @ 11:48 AM

Russian Prime Minister Mikhail Mishustin has approved the holding of 12 international defense exhibitions during 2022-2023. According to the document posted on the governments legal information web portal on Friday, the 2023 list includes the MAKS International Aerospace Show in Zhukovsky, the International Maritime Defense Show in St

Huntington Ingalls Plans to Acquire Alion Science and Technology for $1.65B

July 6, 2021 @ 02:04 PM

Huntington Ingalls Industries (HII) said it has entered into a definitive agreement to acquire Alion Science and Technology for $1.65 billion in cash from Veritas Capital, subject to customary adjustments

CAE Receives Nod to Buy L3Harris Technologies' Military Training business

June 28, 2021 @ 01:08 PM

CAE today announced that it has received all the required regulatory approvals for the previously announced purchase of L3Harris Technologies' Military Training business for $1.05 billion

Calendar Featuring Half Naked Dutch Marines Earns 100,000 Euros in Sales

June 26, 2021 @ 05:34 PM

The birth anniversary calendar of the Dutch Marine Corps featuring several of its male members posing half naked has raised more than €100,000 in sales which was donated to charity on Friday. Corps commander Brigadier General Jan Hut made no secret of his pride

German MoD Details Naval Procurements Approved in 2022 Budget

June 24, 2021 @ 03:29 PM

The budget committee of the German Bundestag at its meeting on June 23 released funds for a total of 27 proposals for investments of 25 million euros with a total volume of around 19 billion euros which include major procurement and modernization projects for the German Navy. These include two new class 212 submarines as part of the German-Norwegian armaments cooperation, new fuel suppliers, fleet service boats and the Naval Strike Missile Block 1A to replace Harpoon guided missile, a German MoD release said Thursday

German Cabinet Green lights FCAS Funding among Major Procurements in 2022 Budget

June 24, 2021 @ 04:27 AM

The Future Combat Aircraft System (FCAS), a pan-European arms cooperation project, the Class 212 Common Design submarine besides the Naval Strike Missile Block 1A will be implemented following budget approvals in the 2022 budget. On June 23, the Federal Cabinet in Berlin approved the government draft for the federal budget for 2022 and the federal financial plan up to 2025

British, German Air Forces Sign Force Protection Agreement

June 16, 2021 @ 10:06 AM

The Royal Air Force (RAF) said it signed the Force Protection with the German Air Force (Luftwaffe) today. “The RAF and Luftwaffe have signed the Combined Specialist Air Force Protection Roadmap

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