Defense Business news from around the globe. We analyze the defense business news and present the analysis based on our research.
The US States Department has given preliminary approval for Abrams Tank sale and other equipment to Poland amid rising tension with Russia over Ukraine and to bolster NATO’s defense in Europe. Press TV reported. The sale of weapons to Poland will “help to ensure a more equitable sharing of responsibilities within the alliance for our…
Iran’s Foreign Minister Javad Zarif says unilateral sanctions imposed by the United States caused $1 trillion worth of damage to Iran’s economy. Iran seeks compensation if the US lifts the sanctions and returns to the nuclear deal. AlJazeera reported. Iranian Foreign Minister said Tehran will want to negotiate on the damages it has suffered after…
The US government has approved the sale of $23.37 billion worth of advanced weapons to the UAE. This includes 50 F-35 lightning-ll fighter jets, MQ-9B drones, and a package of air-to-air and air-to-surface munition.
Pakistan and China signed a landmark agreement worth $46 billion on April 20, 2015. The project is known as the China-Pakistan Economic Corridor (CPEC). CPEC aims to connect the Pakistani seaport of Gawadar, located on the Balochistan coast of the Arabian sea, with the Chinese city of Kashgar,…..
India may close to lose another ally in recent times when Tehran engaged with Beijing in a $400 billion partnership deal. This includes an investment from China in many domains from development to culture, in the time period of 25 years. In recent days, Iranian Transport and Urban Development Minister Muhammad Eslami inaugurated the 628…
Japan will establish Space Operations Squadron, Cyber Protection Unit, development of electronic stand-off warfare aircraft, procurement of F-35A’s, F-35B’s aircraft, fixed-wing patrol aircraft and helicopters, rescue helicopters, medium-range surface-to-air missiles, improvements in F-15 capabilities, procurement of Network Electronic Warfare System, construction of destroyer ships, submarines and minesweeping vessels and development of F-X indigenous next-generation fighter…
The US government on Thursday, 9 July announced that it has approved the sale of 105 F-35 stealth multi-role fighter jets to Japan. The estimated cost of the sale of 105 fighter jets is around $23.11 billion. The Japanese government has asked for 105 F-35 stealth aircraft which includes 63 F-35A (The traditional version of…