United States Plans Financing Option for Defence Equipment Sales
The United States government is planning a new financing option to enable its allies and partners buy American weapons as part of the Trump administrations goal of enabling defense contractors grow their sales. The US administration had liberalized the sale of unmanned aerial systems in April this year and plans further...
European Union Defence Spending at Euro 200 Billion in 2016
The 28-member European Union spent €200 billion ($222 billion) on defence in 2016, the same figure as in 2015, Eurostat announced Friday. The EU, most of whose members share NATO membership with the United States are under pressure from Washington to increase military spending and buy more American arms
China Becomes World's Second Biggest Military Spender: SIPRI
China has become the world's second biggest military spender behind the United States relegating Saudi Arabia and India to third and fourth place respectively according to a new report by the Swedish International Peace Research Institute (SIPRI) which compiles global arms procurement data. China increased its military spending by 5
Israel Plans to Loosen Defence Export Restrictions
Israeli companies need not obtain a marketing license for certain cyber and electro-optic systems and tools, and security and anti-terrorism warfare education, according to changes in the defence export policy proposed by the countrys Ministry of Defence (MoD). The MoD will significantly shorten the list of products whose overseas marketing requires...
Trump Orders Review of Defence Industry Raw Material Supply Chain
President Donald Trump signed an executive order Friday ordering an assessment of materials, manufacturing and components required for the defense industry, their sourcing and supply chains. Peter Navarro, director of the National Trade Council, said in a background briefing to reporters that there is a shortage of domestic companies that can...
Bureaucratic Headwinds Spook Shinmaywa US-2 Aircraft Procurement in India
The procurement of 12 amphibious Aircraft from Shinmaywa of Japan which has been held up due to bureaucratic procedures in India could face further headwinds following the release of new defence procurement procedures(DPP). The procurement proposal had gone up to the Defence Acquisition Council (DAC), India's supreme defence purchase body chaired by the defence minister, which delayed an expected go-ahead to the deal last year for reasons not disclosed
Russia Starts Unannounced Nuclear Weapons Readiness Test
Russias Strategic Missile Forces (SMF) have begun an unannounced test of its nuclear weapons near the central Russian city Yoshkar-Ola, the SMFs press center said Wednesday. “The Committee of the Command of Strategic Missile Forces is conducting an unannounced test of the condition and security provisions of nuclear weapons in the Yoshkar-Ola Missile Unit,” the SMFs press service said in a statement
China Transparent On Its Military Spending: Chinese Media
China has claimed that its growing military spending is way less than that of US, UK and Japan in terms of per capita expenditure. Refuting the annual military balance report by UK based International Institute For Strategic studies that accused Beijing of lack of transparency in its military spending, Chinese Foreign Ministry Spokesperson, Hua Chunying said
Finmeccanica Aims To Re-Launch Group With New Industrial Plan For FY2015
Finmeccanica announced Tuesday approved the groups industrial plan for FY2015 guidance. The Plan is also the start of a re-launch and development of the Group, with a focus on the areas of excellence and a more effective commercial presence in key international markets
US Releases Revised Military Intelligence Budget
The Department of Defense released Saturday its revised Military Intelligence Program (MIP) request for the FY 2015 valued at $16.6 billion
Finmeccanica Unanimously Approves Interim Financial Report, Third Quarter Results
The Board of Directors of Finmeccanica, convened today under the chairmanship of Gianni De Gennaro, examined and unanimously approved the Interim Financial Report at 30 September 2014 and the results for the third quarter of 2014. With regard to commercial performance, considerably more orders were acquired than the first nine months of 2013, both in Aerospace and Defence and Transportation, Finmeccanica said in a statement
UK Defense And Security Export Increased By 13% in 2013
UK achieved defense export sales of £9.8 billion in 2013 (up 11
Parts worth $500M Extracted from U.S. Aircraft Boneyard
FSB Intercepts Booby-Trapped Perfume Bottles Sent to Russian Officers
Ukraine’s Radionix Partners with Saab for Sensor, Defense Electronics Work
Collins Aerospace to Build New Jam-Resistant Navigation Systems for U.S. Military Vehicles...
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