Business
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May- 2021 -12 May
Cash-Strapped Indian Military Opts to Lease Critical Weapons Platforms
The cash-strapped Indian military is opting to lease critical platforms rather than purchasing them in order to plug “operational gaps,” Indian media reported.
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12 May
US State Department Approves $1.7 Billion Aegis Sale to Canada
The US State Department has approved the sale of an Aegis Combat System to Canada in a deal valued at $1.7 billion.
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11 May
China Announces Facility Capable of Producing 100 Drones Annually
China has announced the development of a facility dedicated to producing military and commercial unmanned aerial vehicles.
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6 May
Australian Armed Forces to Cease Use of Israel Defense System
Beginning in June, the armed forces of Australia will stop using the Battle Management System manufactured by Israel's largest private arms firm.
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4 May
Egypt Buys 30 Rafale Jets From France
Egypt's military has confirmed it ordered 30 Rafale jets from French defense firm Dassault Aviation to shore up "national security."
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Apr- 2021 -20 April
Japan’s First Global Hawk Drone Completes Maiden Flight
The first of three RQ-4B Global Hawk drones ordered by Japan from Northrop Grumman flew for the first time from Palmdale, California.
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20 April
Morocco to Receive 13 Bayraktar TB2 Combat Drones From Turkey
Morocco’s Royal Armed Forces has signed a contract to buy 13 Bayraktar TB2 combat drones from Turkey, the service confirmed on social media.
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19 April
Taiwan Seeking Long-Range Cruise Missiles From US
Taiwan's defense minister announced that his country is hoping to purchase cruise missiles from the US amid increasing pressure from Beijing.
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19 April
Israel, Greece Sign Record Defense Deal Worth $1.65 Billion
In “the biggest defense agreement to date” between Israel and Greece, the two Mediterranean countries signed a $1.65 billion defense procurement deal on Sunday.
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15 April
Rheinmetall Joins US Firms in Bid to Replace Bradley
German arms maker Rheinmetall is teaming up with US firms Raytheon and L3Harris to bid on the replacement of the four-decade-old M-2 Bradley infantry fighting vehicle.
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