South Korean firm LIG Nex1 is planning on changing its name to LIG Defense & Aerospace, or LIG D&A, to better reflect its business scope. The new name emphasizes the companys identity as a defense firm and signals plans to expand into global, space and future-oriented sectors
Rheinmetall and MBDA in Germany will establish a joint venture in the first quarter of 2026 to develop naval laser weapons. Based on their existing cooperation since 2019 and the implementation of a naval laser demonstrator, the new company will develop and provide high-performance, innovative laser weapon systems, initially for the navy
Turkish President Recep Tayyip Erdogan described the U.S
After Venezuela, escalating U.S
Defence Minister Rajnath Singh today commissioned the Coast Guard Ship Samudra Pratap, Indias first indigenously designed and built Pollution Control vessel. The addition of ICGS Samudra Pratap will significantly enhance the ICGs operational capability in pollution control, fire-fighting, maritime safety, and environmental protection
U.S
Explosions struck Venezuelas capital Caracas on Saturday, reportedly hitting areas near major military bases, and coinciding with reports of low-flying aircraft and helicopters possibly linked to the United States. Reuters reported that the area near a military base in southern Caracas was left without electricity following the blasts
South Korea has disclosed unit pricing for its indigenous KF-21 Boramae fighter, setting the Block 1 air-superiority variant at about $83 million and the Block 2 multirole version at roughly $112 million, as the program advances toward mass production in 2026. According to
Türkiye is developing a new indigenous cruise missile called GEZGİN, designed to provide long-range precision strike capability. The missile can be launched from land vehicles, surface warships, and submarines
Swedens Saab has received an order valued $325 million (SEK 3 billion) for RBS 70 Bolide missiles from the Lithuanian Ministry of National Defence. Deliveries are expected to take place 2028-2032