SAAB will modernize the entire Swedish air defense for approximately $250M
The contract value is SEK 2.1 billion , and SAAB will complete the works by 2025. Swedish air defense units will…
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European Investments
Arms embargo on Saudi Arabia bankrupt a German UAV producer
The reason is the embargo announced by the federal government on the sale of drones to Saudi Arabia, which was one…
Poland is increasing military spending. Billions extra this year
The Ministry of Finance informed that an amount much higher than that guaranteed in the Budget Act for 2020 is…
Large-scale modernization – Finland increases its defense spending by 50%
Finland plans to increase defense spending by more than half from next year. Mainly because in 2021 financing…
European F-35 base is more expensive than expected, and this worries the Poles
Work on the US Air Force's first F-35A F-35A multi-role multi-role aircraft base located outside the United States…
US gives $300M to Ukraine for new weapons, NATO will not intervene in a future conflict
The US Senate proposed annually allocating $ 300 million to Ukraine for military needs, including for the purchase…
‘Nothing personal, just business’: Greece buys tactical drones from Turkey
The unmanned devices of the Turkish company Assuva have already passed tests by the Greek authorities. Model Proton…
France intends to acquire advanced flight E-2 Hawkeye aircraft totalling $2 billion
The US State Department has approved the potential supply of France under the program "Foreign military sales"…
Germany buys new missiles and large batch of military equipment totalling €1B
The budget committee of the German parliament approved the allocation of funding for the purchase of new missiles…
Washington transferred $60 million worth of arms to Ukraine
The United States provided $ 60 million in military assistance to Ukraine. This was reported by the press service…
Bulgaria wants to sell MiG-29s and buy another F-16 fighter jet
Bulgarian Minister of Defense Krasimir Karakachanov said that it is planned to sell MiG-29 fighters after arming…
The German SIG Sauer branch is expected to end its operations this year
Such a radical business decision is to be dictated by increasing restrictions in the field of sporting weapons and…
Turkish company is constantly increasing the number of UAVs sold
The Turkish company Baykar Makina announced the delivery to the High Command of the Gendarmerie of three unmanned…
The Britain’s nuclear program has exceeded the costs by $1.67 billion
Serious cost overruns and time delays in critical defense programs related to updating the nuclear weapons sphere…
Fincantieri will design and construct the new US Navy frigate totalling $795 million
The Italian company Fincantieri received from the US Navy a contract for $ 795 million, according to which it will…
The US defense budget in 2019 was 11 times higher than the Russian
The first place in terms of military spending is occupied by the United States of America. Over the year, the…
Norway plans to buy more F-35 fighter jets to defend itself against Russia
In a 123-page national defense development plan presented at a press conference by Norwegian Prime Minister Erna…
Turkish military company Aselsan has received orders totalling $ 320 million
The Turkish defense giant Aselsan, despite the economic consequences of the coronavirus pandemic, continued to grow…
The best growth in NATO: France made a weapon breakthrough
In 2015-2019, France managed to increase arms exports by 72% compared with the five-year period before, according…
Poland is going to spend $110 million for Javelin missile systems
Poland will be able to acquire American Javelin anti-tank missile systems, including 79 launchers and 180 missiles…
Greece plans to buy two French Belharra frigates totalling $2.8B
Greece may buy two French-made Belharra frigates about $2.8 billion according to French and Greek MoD statements,…
