South Korea has increased its defense budget to 40.34 trillion won (US$34 billion) for 2017 from 38
Beijing reacted strongly after the Obama administration blocked a Chinese firms takeover of Aixtron, Inc., a California based firm which specializing in semiconductor equipment manufacture
Ukrainian military has fired 16 surface to air missiles during its two days military drills conducted in its Kherson region that borders Crimea. “Weve received the first reports about the success of the launches carried out this morning,” Ukrainian President Petro Poroshenko said
Polish government has initiated a tender to purchase 14 helicopters as part of urgent operational requirement of the armed forces. Having taken this move, the ministry said that Poland would be spending all the funds allocated in the state budget this year to upgrade its armed forces,
Lockheed Martin has been awarded a $133 million contract to provide two US government configured C-130J-30 aircraft. Work is expected to be completed by Aug
US Security firms have revealed that the version of destructive computer virus Shamoon was being empoyed in mid-November to attack computers in Saudi Arabia and other regions. Four years ago the same virus attack had caused damage to tens of thousands of computers at Middle Eastern energy companies,
The Australian multi-billion-dollar Offshore Patrol Vessel project is expected to create around 400 direct jobs, Christopher Pyne, Minister for Defence Industry said. The MoD has released the Request for Tender (RFT) for the OPV project to the three shortlisted designers, Damen, Fassmer and Luerssen
India has signed a deal with the US for importing 145 BAE Systems' M777 lightweight Howitzers costing $750 million. BAE Systems anticipates signing a contract in the coming weeks with the US Department of Defense to supply 145 M777 Howitzers to the Indian Army, the company said in a statement Wednesday
India is seeking certification from the European Aviation Safety Agency (EASA) for its Dhruv advanced light helicopters, following Ecuadors move to return them due to frequent crashes. Four of seven Dhruv helicopters supplied to Ecuador have crashed during the period October 2009 to January 2015
The serviceability rate of the Dassault Rafale fighter jet in service with the French Air Force is 48.5%, according to information given to a French lawmaker by the government