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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...

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,...

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

Five South Korean Banks Considering $22B Loan to Finance Arms Sales to...

November 4, 2023 @ 05:20 AM

Five South Korean banks have come to the aid of Poland in their quest to acquire $22 billion worth of weapons, marking Seoul's most extensive arms deal, covering the procurement of rocket artillery systems and fighter jets. In a bid to facilitate this significant arms transaction, South Korea is harnessing the support of local banks, as the statutory limits on import-export lending have been reached

Turkey, U.A.E. Discuss Joint Defense Projects

November 2, 2023 @ 10:52 AM

Turkey and the United Arab Emirates (U.A

Leonardo DRS to De-list from Tel Aviv Stock Exchange

September 28, 2023 @ 08:41 AM

Leonardo DRS, Inc. has announced its intention to voluntarily remove its common stock from the Tel Aviv Stock Exchange (the "TASE")

Top 10 U.S. Defense Firms Receive Contracts Worth $150B in 2022

September 27, 2023 @ 06:12 AM

The Department of Defense Office of Local Defense Community Cooperation stated in its Fiscal Year 2022 Defense Spending by State report today that the top 10 defense firms secured U.S

Pakistan, Turkey, Saudi Arabia Hold First Tripartite Defense Cooperation Meeting

August 24, 2023 @ 10:17 AM

The Saudi-Turkish-Pakistani Tripartite Committee held its first meeting in

Rooboronexport Signs Export Contracts Worth $600 Million at Army 2023

August 19, 2023 @ 06:04 PM

Russias Rosoboronexport signed contracts worth $600 million with several foreign customers at the Army 2023 event in Moscow. It reached agreements on the joint production of Kalashnikov assault rifles, armored vehicles, guided missiles on the territory of customers, besides the installation of Russia-made combat modules of various calibers on the chassis of (land vehicles) of our partners, said Alexander Mikheev, CEO of Rosoboronexport in a statement

Brazilian and Saudi Defense Companies Eye Joint Ventures, Technology Transfers

August 11, 2023 @ 05:37 AM

Brazilian industry association FIESP said several Brazilian and Saudi defense companies have signed agreements that could lead to joint ventures and technology-sharing agreements. The Saudi businesses involved in the potential effort are Scopa Defense and Alqahtani Holding, and the Brazilian firms are weapon manufacturer Taurus, rocket and missile maker Avibras, aircraft battery producer Ocellott, and aviation specialist Avionics Services,

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