News

Indra to Acquire Spanish Defense Satellite Operator, Hispasat

February 4, 2025 @ 12:27 PM

Indra Group has signed an agreement with Redeia Corporación to acquire 89.68% of the share capital of Hispasat, a satellite operator and service provider, for €725 million
Finland to Build New TNT Plant to Feed Demand for Weapons in...

February 4, 2025 @ 11:34 AM

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 Signs Strategic Partnership Agreement with South Africa

February 4, 2025 @ 11:22 AM

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
U.S. Blocks $2B from Russia to Turkey as Loan for Nuclear Power...

February 4, 2025 @ 09:51 AM

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
U.S. Army Orders Switchblade Loitering Munitions for $288M

February 4, 2025 @ 08:33 AM

AeroVironment has received a
Turkey to Guide the Reconstruction of Syrian Army, Seeks Military Bases

February 4, 2025 @ 07:52 AM

Turkey will guide the reconstruction of the Syrian army to strengthen military cooperation and mutual defense between the two nations. According to
Trump's First Diplomatic Victory- Panama Abandons China for Better U.S. Ties

February 3, 2025 @ 11:22 AM

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
Ukrainian Drones Attacks Target Russian Oil Refineries

February 3, 2025 @ 09:37 AM

Ukrainian drones targeted oil and gas facilities in Russia's Astrakhan and Volgograd regions overnight on February 2, 2025. The attacks caused fires at the Volgograd Oil Refinery and a gas processing plant in Astrakhan, leading to the temporary suspension of flights at several airports, according to Russian officials and media reports
Sweden Announces $1.2B Military Support, its Biggest Ever to Ukraine

January 31, 2025 @ 08:56 AM

Sweden has unveiled its largest military support package to Ukraine, valued at
U.S. Awards Contract for Taiwan’s F-16 Training Simulators

January 31, 2025 @ 04:09 AM

CAE USA has received a contract valued at up to

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FEATURES/INTERVIEWS

Lockheed Martin Faces Billions in F-35 Cuts Under U.S. Policy Shift

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