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South Korea, Saudi Arabia Forge Defense Industry Collaboration Through MOU

February 6, 2024 @ 08:22 AM

South Korea and Saudi Arabia have recently taken a step towards defense industry cooperation by signing a memorandum of understanding (MOU) on mid- to long-term collaboration. The agreement was inked by Defense Acquisition Program Administration Director Eom Dong-hwan and Saudi Arabia's Vice Minister of National Defense, Talal Abdullah Al-otaibi, in the...

Saudi Arabia, Leonardo Forge Defense Partnership at World Defence Show

February 6, 2024 @ 05:58 AM

The Ministry of Investment (MISA) of the Kingdom of Saudi Arabia, the General Authority for Military Industries (GAMI), and Leonardo revealed the signing of a Memorandum of Understanding (MoU) at the ongoing World Defence Show in Riyadh. The MoU aims to facilitate discussions, development, and evaluation of investment and collaboration opportunities...

Ukroboronprom, Lithuania to Develop Optical and Electronic Jamming Systems

January 11, 2024 @ 03:19 PM

Ukroboronprom, Ukraine's state-owned defense conglomerate has officially announced its collaboration with four prominent Lithuanian defense companies, specializing in the development of optical and electronic jamming systems. The strategic partnership was unveiled through a statement posted on Ukroboronprom's official Facebook page

V2X, Inc. Secures $190 Million Contract to Enhance U.S. Army Readiness in...

January 6, 2024 @ 10:33 AM

V2X, Inc. has been awarded $190 million contract by the U

Hanwha Tops World's Defense Firms in Arms Manufacture

December 29, 2023 @ 07:28 AM

South Korean firm Hanwha Aerospace has emerged as the standout performer during this unprecedented surge in weapons orders, with its uncompleted orders experiencing a remarkable increase of more than seven times over the course of two years. The ongoing conflict in Ukraine has fueled a surge in demand for military equipment,...

Sweden Lifts Unofficial Defense Products Embargo on Turkey

December 27, 2023 @ 12:58 PM

Sweden has unofficially lifted its defense products embargo on Turkey, marking the end of a strained period. The decision comes after the Turkish parliament's foreign affairs committee approved Sweden's bid to join NATO on Tuesday

China, Myanmar Re-start Bay of Bengal Deep Seaport Project

December 27, 2023 @ 09:57 AM

In a development aimed at bolstering economic ties and regional connectivity, China and Myanmar have officially recommenced the Bay of Bengal Deep Seaport Project in the Kyaukpyu Special Economic Zone. The Addendum to the Concession Agreement was signed at a ceremony held in Nay Pyi Taw, attended by high-profile dignitaries from both nations, Myanmars government announced on December 27

Japan to Export Missiles, Artillery Shells to U.S., U.K

December 27, 2023 @ 05:37 AM

Japan is set to export missiles and artillery shells to the United States and the United Kingdom, marking a significant departure from its long-standing pacifist policies. The decision comes as a former defense minister, Itsunori Onodera, advocates for the loosening of restrictions on military exports to showcase Japan's advanced defense technology on the global stage

India’s Defence Acquisition Council OKs $26.74B Acquisition Proposals, Including Historic Tejas Fighter...

November 30, 2023 @ 02:09 PM

The Defence Acquisition Council (DAC) on Thursday approved the Acceptance of Necessity (AoNs) for Capital Acquisition Proposals totaling INR 2.23 lakh crore ($26

Israel's Elbit Systems to Pick Up 44% Stake in Adani Defense Unit

November 22, 2023 @ 03:32 AM

Israel's Elbit Systems Ltd. is set to acquire a 44% stake in Adani Defence Systems and Technologies Ltd

China-Pakistan to Conduct their First Joint Sea Patrol as Part of Sea...

November 14, 2023 @ 05:04 AM

China and Pakistan have launched the Sea Guardians-3 joint maritime exercise, including their first joint sea patrol in Karachi, with reciprocal observers and Chinese participation in the exercise alongside Pakistani anti-submarine patrol aircraft. Spanning seven days from November 11 to 17 in the waters and airspace of the northern Arabian Sea, the exercise is divided into two phases: shore-based exchanges and maritime joint operations

Iran's Annual Military Exports Surpass $1B

November 13, 2023 @ 01:55 PM

Iran achieved approximately $1 billion in arms exports during the last Iranian year, as revealed by Deputy Defense Minister Brigadier General Mahdi Farahi during a conference on Monday morning. Brig

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