Latvia, Lithuania Agree Joint Air Defense Acquistion Program

July 14, 2015 @ 10:47 AM

Latvia and Lithuania have considered a joint purchase of medium-range air defense systems. Lithuanian president Dalia Grybauskaite met Latvian counterpart Raimonds Vejonis, in Vilnius on Monday

Gaza War Aftermath: French, UK Firms Withdraw from Tel Aviv Arms Expo

June 3, 2015 @ 12:55 PM

Some French and British defense firms have withdrawn from this weeks International Defense and Security Expo in Tel Aviv as they failed to get export approval due to the limitations on certain weapon exports to Israel put in place after the 2014 Gaza war, Haaretz reported Wednesday. The equipment that failed...

2015 French Arms Sales To Be 3 Times of 2012

May 4, 2015 @ 02:34 PM

France' defense exports is expected to reach more than 15 billion euros this year which is about three times of 2012 and also the highest France has reached in a single year. “French arms exports in 2015 are expected to reach more than 15 billion euros ($17 billion), three times more...

Norway’s Military Spending Increased By Half a Billion Dollars To Tackle ‘Russian...

May 3, 2015 @ 05:23 PM

Norway in a bid to withstand ‘Russian threat has vowed to increase its military spending by about half a billion US dollars and increased exports to US by $10 million to be used in conflict zones. “Norway would spend $477 million on building the nations first anti-aircraft battery and modernizing its...

Russia No Longer Part Of European Arms Control Treaty Consultations

March 12, 2015 @ 03:27 PM

Russian diplomat Anton Mazur in a statement on Tuesday in Vienna said that Russia will no longer attend consultations related to European arms control treaty, accusing the West of stonewalling its demands. However, Russia is still open to further arms control taks, he added

UK plans $248 Billion Defense Procurement Spend Till 2024

January 15, 2015 @ 11:50 AM

According to the UK third annual report to the defense equipment plan for 2014-2024 published on Wednesday, the UKs ministry of defense plans to spend $104.9 billion on procurement of new equipment and an additional $24

Is F-35 Heading For Global Fighter Aircraft Domination?

September 25, 2014 @ 02:59 PM

The success of Lockheed Martins F-35 fighter in South Korea and its acceptance by several NATO partners could make it the worlds dominant warplane in the coming years. The fifth generation stealth warplane looks set to grab market share from rival 4

Rosoboronexport Seeks To Develop Ties With African Countries

September 17, 2014 @ 01:59 PM

Rosoboronexport, a subsidiary of the Rostec State Corporation, will present items of military equipment highly popular in armies, navies and air forces of African states at the Africa Aerospace and Defence 2014 exhibition in Pretoria, South Africa. "We come to this exhibition in the Republic of South Africa for the seventh time and consider it as the most important venue for the promotion of weapons and military equipment to the African continent, especially to sub-Saharan countries

US, UK Arms Companies To Benefit From NATO “Spearhead” Force.

September 6, 2014 @ 10:50 AM

Arms companies from the US and UK could benefit from a NATOs proposal to create a rapid response force. Britain pledged to commit 1,000 troops to the NATO “Spearhead” force

India Clears Denel Of Corruption Charges, De-Blacklists Company

August 19, 2014 @ 10:41 AM

India has lifted its nine-year ban on South Africa based Denel after investigations failed authenticate corruption charges pertaining to a rifle sale over a decade prior. Denel received a letter confirming the decision to de-blacklist the company from the Indian Ministry of Defense earlier this month, according to various reports

India’s Decision To Halt Finmeccanica Projects Came Into Effect In July

August 6, 2014 @ 09:24 AM

The Indian Ministry of Defense yesterday confirmed that it would indefinitely put on hold all projects with Finmeccanica and its subsidiaries, although the order has already been in place nearly a month. Defenseworld

India Puts New Arms Deals With Finmeccanica On Hold

August 6, 2014 @ 08:45 AM

The Indian Ministry of Defense on Tuesday said that all new deals with Finmeccanica, parent company of AgustaWestland, will be put on hold until further notice. "An internal circular/advisory has been issued to not further process any acquisition project in which Finmeccanica is in the fray as a vendor till we get the attorney general's opinion on the entire blacklisting issue in the VVIP helicopter case (the 556 million Euro contract was scrapped on January 1)," an MOD official was quoted as saying by The Times of India newspaper