Ukrainian arms manufacturing holding company, Ukroboronprom met with military diplomats from 17 countries on June 8 during which purchase of heavy weapons for Ukraine became one of the key topics of discussion.Ukroboronprom, in addition to the production and restoration of weapons and military equipment for the Armed Forces as a...
North Korea has spent up to $650 million on missile tests this year, a government-affiliated think tank in Seoul said Thursday. As per Korea Institute for Defense Analysis, Kim Jong Un's regime spent an estimated $400 million to $650 million on developing and testing the 33 missiles it fired this year
Finland and Sweden will sign a Host Nation Support Memorandum of Understanding (MoU) in Reykjavik, Iceland, to strengthen defence and deepen bilateral cooperation between the two countries in all security situations. The MoU also lays the foundation for operational cooperation in peacetime and will make agreeing on host nation support for...
European Union (EU) leaders agreed on Monday to cut down more than two-thirds of Russian oil imports into the bloc by the end of the current year. The decision was part of new sanctions on Russia worked out at a summit focused on helping Ukraine
Turkey and the United Arab Emirates (U.A
Poland is looking to buy South Korean armored vehicles and howitzers besides cooperating with Asian defense industry giant in armaments research. The defence minister of Poland Mariusz Blaszczak and his South Korean counterpart Lee Jong-Sup signed an agreement on cooperation in the area of armaments and research
The Turkish Aerospace Industries (TAI) announced that it will produce Anka combat drones with Kazakhstan, a country that purchased some of these aircraft last year. The company signed a memorandum of understanding with state-owned Kazakhstan Engineering on the transfer of technology, including maintenance and repair
Russia invested more in modernizing its military just before its invasion of Ukraine in comparison to previous years, data published by the Stockholm International Peace Research Institute (SIPRI) showed on Monday. Global military spending topped $2 trillion for the first time ever in 2021, reaching $2
Ukraines arms procurement agency, Ukrinmash has sought contributions from individuals at home and abroad to buy arms for the countrys army. A statement posted on the agencys website April 1, described how to contribute funds to help the Ukrainian army with weapons and military equipment as quickly as possible
The U.S
Ukraines Deputy Prime Minister and Economy Minister Yulia Svyrydenko estimates Russias invasion to have inflicted nearly $565 billion of economic damage on her country. In a Facebook post, Svyrydenko said the $564