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Business & Technology

Anna Varfolomeeva January 12, 2019
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Ukraine signs agreement to procure Turkish Bayraktar TB2 drones

Ukrainian President Petro Poroshenko announced a deal has been signed to purchase Turkish Bayraktar TB 2 drones for the Ukrainian military.
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Anna Badillo January 4, 2019
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Israel’s Rafael and Aeronautics sign agreement to develop and manufacture advanced drones

Rafael and Aeronautics signed a 5-year agreement that involves joint marketing and sales of UAVs, first in Israel and expanding overseas
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Staff Writer January 3, 2019
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Croatia threatens to cancel F-16 purchase from Israel over months of delays

Croatia threatened to cancel its purchase of F-16 fighter jets from Israel after months of stalling due to a lack of US approval
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Staff Writer December 21, 2018
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Japan unveils record $47 billion defense budget

Japan's defense budget will swell to a record $47 billion next year as it boosts missile defense capabilites and procures stealth jets
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Fergus Kelly December 19, 2018
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Raytheon awarded $141 million for 1,260 Small Diameter Bomb II glide bombs

Raytheon was awarded a $141 million contract to produce 1,260 Small Diameter Bomb II Lot 5 glide bombs and associated equipment
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Joanne Stocker December 19, 2018
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US approves $3.5 billion sale to Turkey of Patriot missile systems

The US State Department cleared a possible $3.5 billion sale of Patriot air defense systems to Turkey, the DSCA said
Staff Writer December 15, 2018
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Raytheon awarded $57 million for Evolved SeaSparrow Missile production requirements

Raytheon was awarded two contracts for for long lead material for the production of Evolved SeaSparrow Missiles, the U.S. Department of Defense said
Joanne Stocker December 11, 2018
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US shoots down intermediate-range ballistic missile in space

The US Navy intercepted an Intermediate Range Ballistic Missile target in space during an Aegis Combat System combat system test
Staff Writer December 10, 2018
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Russia overtakes UK to become world’s second biggest arms producer

Russia has overtaken the UK to become the world's second biggest arms producer behind the US, SIRPI said in a report
Staff Writer November 30, 2018
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Slovakia F-16 fighter jet deals signed, but prime minister says contracts ‘invalid’

Slovakia's prime minister clashed with the defence ministry over a deal to acquire US-made F-16 fighter jets in the NATO member's biggest military purchase

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