Turkey and Malaysia have agreed to establish a $440 million joint shipyard in the southern Malaysian state of Malacca, expanding cooperation in the maritime and defense sectors. The shipyard will be developed with Turkish shipbuilder Desan Shipyard and is expected to become operational in 2028
Russia launched a large-scale overnight missile and drone assault on Kyiv and other Ukrainian regions, calling it retaliation for an alleged drone attack on President Vladimir Putins residence in Russias Novgorod region. Russias Ministry of Defense
The United States has seized a Russian-flagged oil tanker accused of violating U.S
U.S
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
Turkey and Spain have signed a €2.6 billion ($3 billion) agreement under which the Spanish Air and Space Force will procure 30 Hürjet light training jets
Russia has accused Ukraine of attempting a drone attack on President Vladimir Putins residence in northern Russia, a claim Kyiv dismissed as fabricated and aimed at justifying further escalation. Russian Foreign Minister Sergei Lavrov was quoted as saying by
Russia expects annual weapons exports to reach about $15–17 billion after the war in Ukraine ends, as weapons production capacity built during the conflict is redirected toward overseas markets. Igor Korotchenko, Director of the Center for Analysis of World Arms Trade (CAWAT), said Russian arms sales could total $15–17 billion a year in the three to five years following the war