The Finnish Ministry of Defense (MoD) has signed a letter of intent with explosives manufacturer Oy Forcit Ab to procure trinitrotoluene (TNT) worth €255 million to feed the increased demand for bombs, missiles and other explosive charges. Defense Minister Antti Häkkänen announced on January 31, that Oy Forcit Ab will build a new factory in Pori to produce the TNT
Damen Shipyards Group has signed a Partnership Agreement with South Africa's Department of Trade, Industry and Competition (DTIC) under the National Industrial Participation (NIP) programme. The agreement focuses on local industrial participation, including investment, export sales, R&D, technology transfer, and economic transformation
JPMorgan Chase has blocked $2 billion transferred from Russia to Turkey as a loan for the Akkuyu nuclear power plant (NPP), following an order from the U.S
AeroVironment has received a
The barge shock tests for the propulsion system of the F110 frigate being built for the Spanish Navy were completed on November 28, marking the final phase of planned testing. The
The French General Directorate for Armaments (DGA) ordered several hundred SonoFlash acoustic buoys from Thales for the French Navy. The
KNDS and Texelis signed a Memorandum of Understanding (MOU) concerning the proposed acquisition by KNDS France of Texelis' Defense business. Texelis is a French company producing numerous parts and mobility components for the French Army armored vehicles
The Netherlands MoD is helping in the training of 26 Ukrainian air force technicians to become Crew Chiefs who will handle the ground operations of the F-16 fighter jets that Amsterdam has donated to Kyiv. The crew chiefs will be responsible for the final checks of the fighter planes before departure and after returning to the base
Amid Threats from the Trump administration that it could take back Panama Canal, the Panamanian President Jose Raul Mulino, after negotiations with US Secretary of State Marco Rubio, said that his country would not extend the memorandum of understanding with China on the "One Belt - One Road" initiative. This move came after Rubio, reflecting President Trump's concerns about Chinese influence in the region, warned that the U
Denmark has decided to reorient its patrol ship design project to focus on Arctic operations, citing changes in the security situation in the Baltic Sea and North Atlantic. The decision was made by the conciliation group behind the defense settlement