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Netherlands Allocates €716M for Defence Upgrades, Including Patriot and NASAMS Systems

November 12, 2024 @ 05:35 AM

The Netherlands government has allocated an additional

UK to Restart Artillery Gun Production After 10 Years, Develop New Strike...

October 23, 2024 @ 09:16 AM

The United Kingdom is set to manufacture artillery gun barrels for the first time in 10 years, and develop new long-range strike weapons, as part of a new defense agreement with Germany. The deal, known as the

Sweden Outlines $16.4B Defense Bill for 2025-30 to Counter Russia

October 16, 2024 @ 07:41 AM

The Swedish government has presented a Total Defence Bill for the period 2025–2030 totaling SEK 170 billion ($16.4 Billion) allocated to the military defence and SEK 35

France Seeks Local Production, Maintenance Centres for Equipment Delivered to Ukraine

October 7, 2024 @ 05:32 PM

A dozen industrialists from the French Land and Air-Land Defense and Security Industries Group (GICAT) were in Ukraine the past week to work setting up maintenance centers for equipment already delivered to Ukraine. As part of the second (French) defense industry forum in Kyiv, they discussed developing local production of equipment...

Philippines, South Korea Ink Deal on Maritime Cooperation, Bataan Nuclear Power Plant

October 7, 2024 @ 05:26 AM

The Philippines and South Korea have signed six new agreements, including deals on maritime cooperation and a feasibility study for rehabilitating the Bataan Nuclear Power Plant. The signing, witnessed by Philippine President Ferdinand R

South Korea, U.S. Finalize New Defense Cost-sharing Agreement for 2026-2030

October 4, 2024 @ 11:19 AM

Seoul and Washington have finalized a new defense cost-sharing agreement that will cover the period from 2026 to 2030, the South Korean Foreign Ministry announced on Friday. The agreement, reached after five months of negotiations, will determine how the two allies share the financial burden of maintaining U

Denmark Signs Agreement with Kyiv to Finance $629 Million Weapons Production in

September 29, 2024 @ 11:00 AM

Danish Defense Minister Troels Lund Poulsen together with Ukrainian Defense Minister Rustem Umerov and Minister for Strategic Industries Herman Smetanin signed a letter of intent in Kyiv today to proceed with cooperation on specific acquisitions by Ukrainian defense companies for a total of around DKK 4.2 billion ($629 million)

South Korea, Australia Sign MOU to Boost Defense and Space Cooperation

September 23, 2024 @ 06:40 AM

The Defense Acquisition Program Administration (DAPA) of South Korea recently signed a Memorandum of Understanding (MOU) with the Australian Strategic Policy Institute (ASPI) to enhance cooperation in the defense and space sectors. The South Korean arms procurement agency

Denmark May Invest in Ukrainian Drone Factories with Income from Frozen Russian...

September 16, 2024 @ 09:13 AM

Denmark may be considering investing income from frozen Russian assets in Ukrainian companies that manufacture drones and other military hardware. Danish Defense Minister Troels Lund Poulsen was in Ukraine on September 13-14 to visit companies that produce long-range drones for Ukraine's defense, a Danish MoD release said

Indian MoD Approved $17 Billion Worth Defense Procurement Projects

September 3, 2024 @ 04:55 PM

Indias Defence Acquisition Council (DAC), approved 10 capital acquisition proposals amounting to Rs 1,44,7160 crore ($ 17 Billion). Of the total approvals, 99% is from indigenous sources under Buy (Indian) and Buy (lndian-Indigenously Designed Developed and Manufactured) categories, an official release said

U.S., India Sign Security of Supply Arrangement to Strengthen Defense Partnership

August 23, 2024 @ 05:38 AM

The Department of Defense (DoD) of the United States and the Ministry of Defence of the Government of India (IN MoD) have entered into a bilateral Security of Supply Arrangement (SOSA), marking a significant step in the defense cooperation between the two nations. The agreement, which is non-binding, was signed by Dr

Anduril Industries Secures $1.5B for Defense Manufacturing Expansion

August 8, 2024 @ 06:12 AM

Anduril Industries has announced securing $1.5 billion in funding for its Series F round to scale up defense manufacturing

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