Pratt & Whitney, a subsidiary of RTX, has been awarded an F100 engine performance-based logistics (PBL) sustainment contract by South Korea’s Defense Acquisition Program Administration (DAPA). The contract, with a base value of $355 million, […]
Russia’s once-potent arms export industry is collapsing amid the pressures of its war on Ukraine and a struggling economy, according to new data released by the Stockholm International Peace Research Institute (SIPRI) on Sunday. The […]
China is raising its defense budget by 7.2% for 2024, the government announced March 5 during the second annual session of the 14th National People’s Congress. The new budget is nearly 1.7 trillion yuan (U.S. […]
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Rheinmetall has signed two contracts with the German Armed Forces to produce and supply service and training ammunition for the force’s automatic grenade launchers. Under the first order, the arms manufacturer will supply “tens of […]
A group of 37 Royal Australian Navy officers and sailors have departed for Guam to embed on board USS Emory S. Land, the United States submarine tender. In December last year, Australia, the United States […]
Romania’s defense ministry said late on Tuesday it has cancelled a long-delayed deal to buy four warships from French firm Naval Group after the company and a junior partner failed to meet a deadline to […]
13 Mitsubishi Heavy Industries, Japan’s biggest defence contractor, has warned that the survival of the country’s struggling defence sector is at stake as the government debates a historic increase in military spending to counter the […]
Japan eases curbs on weapons exports, raises defence budget to record $56 billion Pacifist nation’s major overhaul to arms restrictions in a decade comes amid rising security tensions in Indo-Pacific. Japan has loosened its arms […]
South Korea plans to spend 346.7 trillion Korean won ($262.8 billion) in the next five years to bolster its defense capabilities amid, according to the country’s Defense Ministry. The ministry announced its 2024-2028 midterm defense […]
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