India’s Defence Acquisition Council OKs $26.74B Acquisition Proposals, Including Historic Tejas Fighter...
The Defence Acquisition Council (DAC) on Thursday approved the Acceptance of Necessity (AoNs) for Capital Acquisition Proposals totaling INR 2.23 lakh crore ($26
Israel's Elbit Systems to Pick Up 44% Stake in Adani Defense Unit
Israel's Elbit Systems Ltd. is set to acquire a 44% stake in Adani Defence Systems and Technologies Ltd
China-Pakistan to Conduct their First Joint Sea Patrol as Part of Sea...
China and Pakistan have launched the Sea Guardians-3 joint maritime exercise, including their first joint sea patrol in Karachi, with reciprocal observers and Chinese participation in the exercise alongside Pakistani anti-submarine patrol aircraft. Spanning seven days from November 11 to 17 in the waters and airspace of the northern Arabian Sea,...
Iran's Annual Military Exports Surpass $1B
Iran achieved approximately $1 billion in arms exports during the last Iranian year, as revealed by Deputy Defense Minister Brigadier General Mahdi Farahi during a conference on Monday morning. Brig
U.A.E.'s EDGE Group Acquires Majority Share in Autonomous Air Systems Developer Swiss...
U.A
Five South Korean Banks Considering $22B Loan to Finance Arms Sales to...
Five South Korean banks have come to the aid of Poland in their quest to acquire $22 billion worth of weapons, marking Seoul's most extensive arms deal, covering the procurement of rocket artillery systems and fighter jets. In a bid to facilitate this significant arms transaction, South Korea is harnessing the support of local banks, as the statutory limits on import-export lending have been reached
Turkey, U.A.E. Discuss Joint Defense Projects
Turkey and the United Arab Emirates (U.A
Ukraine’s Ukroboronprom, German Rheinmetall Establish Joint Venture 'RHEINMETALL UDI'
Ukraine's Defense Industry (UDI), formerly known as Ukroboronprom, has entered into a significant joint venture with Germany's Rheinmetall AG, resulting in the establishment of "Rheinmetall Ukrainian Defense Industry LLC" to jointly maintain and produce military equipment. This partnership was officially registered on October 18, 2023, and Ukraine's Prime Minister, Denys Shmyhal, made the announcement during the German-Ukrainian Business Forum in Berlin, where Germany's Federal Chancellor, Olaf Scholz, was also present
Thales Closes Deal to Buy Australian Cybersecurity Firm, Tesserent
Thales has completed its acquisition of Tesserent, a cybersecurity firm based in Australia. The acquisition, initially announced in June 2023, has solidified Thales's position in the cybersecurity sector, furthering its commitment to enhancing global cyber defenses
Safran Acquires Thales’ Aeronautical Electrical Systems Business
Safran Electrical & Power has completed buying Thales' business that makes electrical systems for planes, including power conversion, generation, and motors for both civilian and military aircraft. This buyout follows exclusive negotiations announced in September 2022
Germany's Federal Cartel Office Clears Rheinmetall-Ukrainian Defence Industry Joint Venture in Kyiv
Germanys Federal Cartel Office, Bundeskartellamt, cleared the way for establishing a joint venture between Rheinmetall Landsysteme GmbH and Ukrainian Defence Industry group (UDI), the former Ukroboronprom, on Thursday. Authorization from other relevant agencies has already been applied for and is expected to come shortly
Leonardo DRS to De-list from Tel Aviv Stock Exchange
Leonardo DRS, Inc. has announced its intention to voluntarily remove its common stock from the Tel Aviv Stock Exchange (the "TASE")
South Korea Chooses Embraer's C-390 for Air Force's New Transport Aircraft
Ukrainian Military to Receive 5,000 Kamikaze Drones; Develops New ‘Backfire Drone’
Ukraine Unveils Extended-Range Modification of Neptune Missile
Ethiopia Shows Interest in Upgrading from Aero Vodochody's L-39 to L-39NG Aircraft...
Rafale Marine Comparison with Chinese Carrier-borne J-15 Fighter
French aircraft maker Dassault Aviation confirmed that its Rafale-M (Marine) is selected for the Indian Navys (IN) carrier-based fighter procurement...
Weapons Used by Israel and Hamas in Gaza Conflict
The ongoing conflict in Gaza between Israel and the Palestinian group, Hamas have brought to light the diverse and contrasting...
Ukraine, Russia Brace for Major Tank Battles
The coming months could see major tank battles between Ukraine and Russia as Kyiv has received or is expected to...
How Russia’s Tornado-S MLRS is Outgunning & Outnumbering HIMARS in Ukraine
Russias "Tornado-S" Multiple Launch Rocket System (MLRS) has a greater range, a highly accurate guidance system and is deployed in...
The Rise and Rise of South Korea’s Arms Exports
South Koreas defense exports more than doubled from $7 billion in 2021 to over $15 billion in 2022 so far,...