Russia's five largest banks have been hit by a massive cyber attack, including the countrys largest lender Sberbank. Though state-controlled Sberbank was hacked into on Tuesday, it somehow managed to neutralize the attack automatically without its operations being disturbed, various local media reported Thursday
South Korea plans to set up a task force to help push forward major defense agreements with the new Donald Trump administration in the US. South Korean authorities would attempt to achieve close cooperation with those lawmakers in Trumps administration who are responsible for introducing changes in US defense policy with regard to South Korea, Defense Ministry spokesman Moon Sang-gyun was quoted as saying by
The US department of Defense has completed shipping of ammunition for its Army and Air Force units in Europe as part of the continued effort to reassure NATO allies in Europe and bolster deterrence against potential Russian aggression, US Army Europe reported in a statement Tuesday. This consignment of more than 600 shipping containers is the largest in more than two decades
Lockheed Martin has offered to manufacture over 30 aircraft a year in its proposed Indian facility, one of its most ambitious fighter aircraft production ventures outside the United States. Lockheed executives briefing
Lithuania has acquired sniper rifles worth Euro 1.3 million from an UK based firm, Accuracy International Ltd that are capable of using munitions of two different calibres by only changing the barrel
The US Navy has decided to suspend production of guided precision projectiles for the guns mounted on its newest Zumwalt-class warships, citing major cost overruns. Lockheed Martin-built Long Range Land-Attack Projectile (LRLAP), a guided precision munition that is key to the DDG 1000 Zumwalt-classs mission, costs $800,000 per round, as reported by
UK is investing more than $2 billion on cyber attack and in recruitment of more intelligence officers, as the country is being warned by intelligence services of having increased chances of espionage tactics. The major infrastructure, such as air traffic control systems and electricity grids, could be targeted by what he called "hostile foreign actors", British Chancellor of the Exchequer, Philip Hammond, said
The Islamic State (IS) militant group has released pictures of destroying Russian Mi-35 attack helicopter in Syrian central district east of Homs. “The aircraft was shot down in the Hwesis District east of Homs,”
Indonesian air force has completed field evaluation of Norincos Sky Dragon 50 medium-range Surface to air missile system, which the service is likely to buy from the Chinese firm. The Norinco has recently submitted a proposal to supply the Sky Dragon to the Indonesian Air Force, a company official told
Airbus Helicopters has rolled out the first H225M medium twin rotorcraft equipped with MBDA AM39 Exocet anti-shipping missile meant for Brazilian Navy under the H-XBR program. The rolling out ceremony of the first of five H225M helicopters took place in Helibras Itajuba facility in Brazil on Tuesday, IHS Janes reported