Five South Korean banks have come to the aid of Poland in their quest to acquire $22 billion worth of weapons, marking Seoul's most extensive arms deal, covering the procurement of rocket artillery systems and fighter jets. In a bid to facilitate this significant arms transaction, South Korea is harnessing the support of local banks, as the statutory limits on import-export lending have been reached
In response to recent damage to critical undersea infrastructure, NATO's Standing NATO Mine Countermeasures Group 1 (SNMCMG1) fleet is ramping up patrols in the Baltic Sea. This decision comes in the wake of two undersea cables between Estonia and Sweden being compromised, raising concerns about potential threats in the region
Russias Kalashnikov Concern is currently subjecting a shortened version of the AK-19 assault rifle to rigorous testing for potential foreign clients, announced Alan Lushnikov, the company's head, during a press conference. Lushnikov revealed that the development of this variant was initiated for a specific foreign customer, and the company is eagerly anticipating a positive outcome from the ongoing testing phase
Germany has announced the dispatch of new Sonobot 5 unmanned surface vessels as part of its latest military aid package. This update was posted on the official website of the German government
Officials from the United States and Switzerland have formalized an agreement that paves the way for the latter to acquire Lockheed Martin's Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) missiles, along with the necessary support equipment. The acquisition of PAC-3 MSE missiles is set to enhance Switzerland's existing Patriot ground-based air defense system, as part of the broader Switzerland Air Force's Air2030 program
Northrop Grumman has won $543 million to produce MQ-4C Triton unmanned aircraft systems for U.S
The Russian Ministry of Defense has confirmed a precision strike on the production facilities of Ukrainian unmanned aerial vehicles (UAVs) and unmanned boats in the Odessa region. The operation took place in the vicinity of the village of Malodolinskoye, where these manufacturing sites were located, as per Russian state media
The Norwegian Ministry of Defence unveiled a collaborative partnership with local company Kongsberg and U.S
Israels Elbit Systems is set to embark on a project to create a new drone production and training facility in Czech Republic. This endeavor, a first of its kind for Elbit in the European sector of NATO, is in collaboration with Czech company, LPP, known for its civil and military avionics, autonomous control systems, thermal imaging cameras, and sights
The previous week witnessed an alarming surge of nearly 70 false bomb threats directed at French airports, consistently originating from the same email address located in Switzerland, according to French Minister of Transport, Clément Beaune. This was reported by French publication