Business
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Aug- 2021 -27 August
US State Department Clears $258M Arms Sale to South Korea
The US Department of State has approved the sale of precision-guided munitions and related equipment to South Korea in a deal worth $258 million.
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26 August
German Military Orders $24.7M Surveillance Balloon to Protect Niger Base
The German military has ordered a $24.7 million Rheinmetall-made tethered balloon-based area reconnaissance system to help protect a forward operating base in Niger.
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26 August
South Korea Approves $3.07 Billion Frigate Program
The South Korean government has approved a $3.07 billion program to build six advanced frigates.
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24 August
MBDA to Invest in Indian Missile Development Unit
Bharat Dynamics Limited has signed an agreement with MBDA to assemble, integrate, and test the Advanced Short Range Air-to-Air Missile in India.
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24 August
Pakistan, Turkey to Co-Produce Anka Combat Drones
Turkish Aerospace Industries signed a contract with Pakistan’s National Engineering and Science Commission to jointly produce Anka military drones.
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23 August
India, Russia Sign Deal for 70,000 AK Rifles
India and Russia finalized a deal for immediate “off-the-shelf procurement” of 70,000 new 7.62×39mm AK 203 rifles.
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20 August
Two South Korean Shipbuilders Team Up to Develop Light Aircraft Carrier
Two South Korean shipbuilding companies are teaming up in a bid to design and construct a light aircraft carrier for the country’s navy.
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19 August
Indian Company Confident of Being Awarded Malaysian Fighter Contract
Hindustan Aeronautics Limited will formally respond next month to Malaysia's Request for Proposal for India’s LCA Mk1 A fighter.
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19 August
Turkey Unveils Serial Production Version of Kaplan MT Tank at IDEF-2021
Turkish defense firm FNSS unveiled the serial production version of its Kaplan MT tank at the International Defense Fair in Istanbul.
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18 August
Turkish Firm to Unveil Laser-Based Helicopter Obstacle Detection at IDEF-2021
Turkish defense software firm Meteksan will unveil a laser-based helicopter obstacle detection system at IDEF-2021 in Istanbul.
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