New U.S. Facility to Produce 25% of World Rare Earth Oxides, Cut...
Lynas Rare Earths Ltd, the largest rare earth element mining and processing company outside of China, has been awarded a Defense Production Act (DPA) Title III technology investment agreement to establish domestic processing capabilities for light rare earth elements (LREE). Specific actions include stockpiling, implementing Defense Federal Acquisition Regulations Supplement (DFARS)...
IFS, Tech Mahindra to Enable $54 Million Software Project for HAL
Enterprise software company, IFS has signed a contract with Tech Mahindra, the prime contractor for Hindustan Aeronautics Limited (HAL), to enable HALs Project Parivartan Program, a US$ 54 million (Rs 400 crore) software project. The ERP solution from IFS will support business-critical processes, including maintenance, repair, overhaul (MRO), manufacturing, supply chain...
Turkey Targets $10 Billion in Defense Exports by 2023
By 2023 Turkeys defense industry targets $27 billion in turnover, $10 billion in exports and employment for approximately 80,000 people, according to Ismail Demir, the chairperson of the Presidency of the Defense Industries (SSB). In comparison, current Turkish defense exports total $3 billion and turnover is $12 billion
Bharat Electronics Exports $48.6M during FY 2019-20
Indias Bharat Electronics Limited (BEL) has exported nearly $48.6 million (INR 354
Russia Establishes Consortium to Develop New-Gen Nuclear Energy Tech
A consortium consisting of nine Russian research centers and universities has been created to develop new generation nuclear power technologies. Projects to be undertaken by the consortium includes developing nuclear fuel cycle facilities, fast reactors, new materials for energy technologies of the future and innovative nuclear power plant projects
Rostec Registers $24.3B Export Revenue in 2020
Sergei Chemezov, CEO of Rostec State Corporation, has said that the company has delivered $24.3 billion worth of goods last year of which $13 billion were military equipment
U. S. Senate Out-votes Trump Veto of $741B Defense Bill
The Senate voted to override U.S
Europe’s SEA Defence Project Kicks Off Officially
The Netherlands-led consortium for European Defense Industrial Development Programme (EDIDP)-funded SEA Defence project announced its official start on Thursday. The European Commission (EC) selected the SEA Defence project in June 2019
U.S. Sanctions: Turkey Refuses to Abandon S-400, Deals with Pakistan Could be...
Turkey today refused to back down on using its S-400 air defense systems (ADS) even as the United States announced sanctions again the countrys defense agency, and the denial of permission to export defense goods made with U.S
S.Korea’s Hanwha Signs Joint Defense Research Agreement with U.S. Army...
South Koreas Hanwha became the first Korean enterprise to seal an agreement with the U.S
Chinese Analysts Question SIPRI data, Say China not World’s Second Biggest Arms...
Calling China the second-largest arms seller is an overestimation and reinforces the “false assertion” of the so-called “China threat,” a Chinese military commentator said questioning a latest arms sales report by the Stockholm International Peace Research Institute (SIPRI). The December 6 report compiling sales data of 25 largest global arms companies for which data isavailable totaled US$361 billion last year, an 8
US Announces $280M Sale of Information Communications System to Taiwan
The U.S
Netherlands Retires Zr.Ms. Makkum Minehunter after 40 Years of Service
L3Harris Wins $999M U.S. Navy Communications Contract
Russia Prepares Response after Ukrainian ATACMS Strikes
Pentagon, Lockheed Martin Reach Agreement for Two More Lots of F-35 Fighters
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...
NATO’s Intensified Exercises a Prep to Attack Russia?
Recent NATO exercises such as the BALTOPS-24, Steadfast Defender 2024 and its first-ever Basic Fighter Maneuvers exercise have been its...
Precision in the Skies: The Evolution of Loitering Munitions
Loitering munitions - drones that hover over a target and blow up near it - have become the weapon of...
Is the Patriot Air Defense System Outdated?
After Israel revealed its decision to decommission its U
Russia's Growing Influence in Africa: Arms Sales and Military Bases
Russia's expanding influence in Africa, demonstrated by arms sales, military deployments, and diplomatic engagements, reflects a significant geopolitical shift on...