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US DoD to Launch "Trusted Capital Marketplace" in December

November 19, 2020 @ 03:30 AM

The US Department of Defence (DoD) will launch its Trusted Capital Marketplace (TCM) initiative in December to match US technology firms in need of investment with investors without ties to adversarial nations (such as Russia and China). Under TCM, an electronic marketplace will be set up to pair up cleared investors...

Rafael Presents Next-Generation Combat Vehicle Suite at Korea Expo

November 18, 2020 @ 08:57 AM

Israeli firm Rafael has presented its Next-Generation Combat Vehicle Suite (NGCV-S) at DX Defense & Security Expo Korea taking place from November 18-21, 2020. As part of the ROKs Tiger 4

Russia to Set Up Nuclear Warship Logistics Hub in Sudan

November 12, 2020 @ 09:16 AM

Russia plans to establish a military logistics hub for nuclear warships and station its vessels in the Red Sea city of Port Sudan that will allow it to ferry weapons in and out of the African nation. As per the new

Boeing Expects China to Order 8600 Airplanes in 20 Years

November 12, 2020 @ 05:52 AM

Boeing expects Chinas airlines to acquire 8,600 new airplanes valued at $1.4 trillion and commercial aviation services valued at $1

Turkey’s SAHA Expo 3D Virtual Defense Fair Launched

November 9, 2020 @ 12:02 PM

Turkey's SAHA Expo virtual defense fair commenced today on Monday with the participation of many major local industry players as well as professionals from abroad. Organized by SAHA Istanbul Defence and Aerospace Cluster Association, the 3D virtual event will be held using the XperEXPO, an application developed by Turkish technology firm...

Iranian Air Force Drills Showcase Export Potential

November 3, 2020 @ 05:47 AM

In an attempt to get its regional customers interested in Iranian warplanes, drones and radars, Tehran commenced Monday large scale air force drills involving seven airbases. The aircraft involved were indigenous Saeqeh (Lightning), besides F-5s, F-7s and F-14s, locally made Kaman (Bow)-14s drones and long range Ghadir radars

SAHA Defence & Aerospace Virtual Exhibition, Turkey to Run for 5 Months

November 2, 2020 @ 08:03 AM

As the COVID-19 pandemic has changed the way trade exhibitions are held, a new defence and aerospace event in Turkey- SAHA EXPO 2020- is showing the way forward for virtual exhibitions. The SAHA EXPO Virtual Exhibition, organised by SAHA Istanbul Defence & Aerospace Cluster, will be held online between 09 – 13 November 2020, with over 300 exhibitors

Ukraine, Turkey to jointly produce Warships, UAVs: Zelenskiy

October 21, 2020 @ 09:40 AM

Ukrainian President Volodymyr Zelenskiy said Tuesday that the country will be producing corvettes, motors, drones and air defense systems with Turkey. Speaking at Ukrainian Parliament following his visit to Ankara, Zelenskiy said that bilateral relations between Ankara and Kyiv have reached an all-time high

US Sanctions Chinese Firms for Deals with Iran Shipping Lines After UN...

October 20, 2020 @ 10:01 AM

The United States today imposed sanctions on six Chinese companies for their dealings with Islamic Republic of Iran Shipping Lines (IRISL), a day after a U.N

Tempest Jet to Generate 20,000 Jobs, Contribute £25 Billion to UK Economy

October 15, 2020 @ 10:25 AM

The British Future Combat Air Programme, Tempest, is expected to create 20,000 jobs every year from 2026 to 2050, and contribute £25 billion to the UK economy. The Tempest programme is being delivered by Team Tempest, a UK technology and defence partnership formed by BAE Systems, Leonardo UK, MBDA, Rolls-Royce and the RAF, and involving hundreds of high-tech companies, SMEs and academia across the UK

Airbus: “Illegal” Subsidies to Boeing Cost Us $4B Annually

October 14, 2020 @ 10:06 AM

The European Union won the right to impose tariffs on $4 billion of U.S

Boeing Military Aircraft Deliveries Drop Owing to COVID-19

October 14, 2020 @ 09:10 AM

Boeing in its Third-Quarter delivery report published today said its military aircraft deliveries were down from 174 to 120 of them shipped until September 30, for both years. The drop in figures could be due to Boeings suspension of production activities at some of its facilities, including Puget Sound and Moses Lake sites, starting late March to curb the spread of the deadly COVID-19 virus

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