Wednesday, October 21, 2015 - 06:52
The state-owned Chinese company International Aero Development Corporation (IADC) recently launched an ambitious new expansion plan in Africa, according to Defense News.
Wednesday, October 21, 2015 - 06:17
The Egyptian Air Force will receive a single Northrop Grumman E-2C Hawkeye airborne early warning and control aircraft from Northrop Grumman, which will refurbish the ex-US Navy aircraft for the North African nation.
Monday, October 19, 2015 - 10:38
The recent surge in U.S. arms transfers to the Middle East is part of an unprecedented boom in major U.S. arms sales that has been presided over by the Obama administration. In President Obama’s first six years in office, new agreements under the Pentagon’s Foreign Military Sales (FMS) program – the largest channel for U.S. weapons exports – totaled over $195 billion. Overall, the Obama administration has approved more major weapons deals than any U.S. administration since World War II.
Monday, October 19, 2015 - 06:45
One key indicator of the health of the US aerospace and defense sector, foreign military sales, rose to a record high of $46.6 billion for fiscal 2015, but US officials are warning of a dip in sales next year.
Monday, October 19, 2015 - 06:24
The President of Brazil, Dilma Rousseff, was in Sweden on Monday to discuss her country's purchase of 36 Jas Gripen fighter jets for a price tag which has risen to 39 billion kronor ($4.7 billion).
Friday, October 16, 2015 - 07:26
Bahrain and other members of the Gulf Cooperation Council (GCC) are in negotiations to buy the Israeli-developed Iron Dome anti-missile system to defend against "a growing arsenal of Iranian missiles".
Friday, October 16, 2015 - 07:22
The Army is doing big business abroad, raking in $20 billion in foreign military sales in fiscal 2015, according to the commander of Army Materiel Command.
Thursday, October 15, 2015 - 13:44
Since Saudi Arabia initiated its air campaign began in Yemen last March, the United States has announced $8.3 billion in new, major arms deals between Washington and Riyadh. On the Hill, however, concerns are growing over the U.S. role in a crisis that has claimed the lives of over 2,100 civilians with no military solution in sight.
Thursday, October 15, 2015 - 06:14
Riyadh will open talks to buy French spy and communications satellites, patrol boats, and the setting up of a naval research center and a working group to study future naval projects, Saudi Arabia and France said in a joint statement Tuesday.
Thursday, October 15, 2015 - 05:58
The US State Department has approved a possible Foreign Military Sale to Saudi Arabia for nine UH-60M Black Hawk utility helicopters at an estimated cost of US $495 million.
