The shares of a number of Ukrainian enterprises which are strategically important for defense and a number of other private companies, including Motor Sich, are to be ‘forcibly nationalized. The companies - Ukrnafta, Ukrtatnafta, Motor Sich, AvtoKrAZ and Zaporizhtransformator - are associated with the tycoons Kostiantyn Zhevago, Igor Kolomoisky, Vyacheslav Boguslayev and Kostiantyn Hryhoryshyn
Ukraines Antonov is working on rebuilding An-225 Mriya aircraft, worlds largest cargo plane considered a symbol of the countrys aviation capabilities, damaged by Russians in the early days of the Ukraine invasion. The project to restore the aircraft is expected to cost €500 million
A retired U.S
Chinas FH-97A loyal wingman, a new type of drone that can accompany manned aircraft and provide it with intelligence, information and firepower support, made its debut at the Airshow China 2022 (Nov. 8-13) in Zhuhai
The United States appears to have delivered M58 Mine Clearing Line Charge (MICLIC) systems to Ukraine. The M58 was seen in a photo shared by Ukraines military on
Traditionally neutral Switzerland has yet again blocked Germany from sending Swiss-made munitions to warn-torn Ukraine, which may force Germany to reduce its "dependency" on importing weapons, even from the “neutral” country. “There is no reason to reply favorably to the German request to transmit Swiss military equipment to Ukraine,” Economic Affairs Minister Guy Parmelin explained in a letter to German Defense Minister Christine Lambrecht last week
Iranian Navys Konarak support vessel that was damaged in friendly fire in 2020 has now been completely redesigned. Navy Commander Rear Admiral Shahram Irani told
Russia rejoined a deal to allow Ukrainian grain exports through the Black Sea, after the UN and Turkey provided written guarantees that the "grain corridor" will not be used by Kyiv to conduct military operations against it. "The Russian Federation considers that the guarantees received at the moment seem sufficient and resumes the implementation of the agreement - the Initiative for the Safe Transportation of Grain and Food from the Ports of Ukraine (the Black Sea Initiative),” the Russian Defense Ministry said in a statement
The President of Ukraines Motor Sich Corporation got the blades of military helicopters removed to ensure they wont be used in the war against Russia, local authorities found during investigations. Soon after Russia invaded Ukraine,
South Koreas Defense Acquisition Program Administration (DAPA) said it inked a deal with Hanwha Defense to maintain the militarys K242, K281 and K288 armored vehicles. The contract valued around $16