Defense industry

UAE Foreign Minister Abdullah bin Zayed sharply condemned Israel’s strike, calling it a “treacherous” and “cowardly” act that violated international law and Qatar’s sovereignty.

A mysterious 5 meter cylinder with Hebrew writing was found in the waters of Italy's Lampedusa, sparking interest by locals

The $9.8 billion contract with the US Army will see Lockheed Martin produce nearly 2,000 Patriot Advanced Capability–3 Missile Segment Enhancement (PAC-3 MSE) interceptors.

The “Victory Day” parade will feature tens of thousands of Chinese troops marching through the capital, accompanied by advanced weaponry, in a challenge to US military dominance.

Following the acquisition of a 10% stake in Intel, US Secretary of Commerce Howard Lutnick hinted at an even bolder move: direct state ownership in companies like Lockheed, RTX, Boeing, and others.

The deal, which is worth about €358 million was approved by the budget committee of the German parliament in June.

Forged in conflict, the unique connection between Israel's tech sector and the IDF presents a powerful strategic and economic opportunity that we must seize.

Japan's defense budget grew by 21% in 2024 to about $55.3 billion, but is still low compared to countries like Ukraine, Saudi Arabia and Germany.

Defense Ministry accelerates production of Merkava tanks and APCs to bolster IDF ground power and industrial resilience.

SK Group had previously been a shareholder in the Thessaloniki-based ELVO, but recently acquired all remaining shares.