According to sources familiar with the matter at hand, Carlyle Group Inc is in advanced talks to acquire U.S. defense contractor ManTech International Corp in a deal that values it at around $4 billion. Ever since reports of ManTech’s co-founder George Pederson… Read More ›
Finland’s President Sauli Niinisto is expected to give a go-ahead to Helsinki joining the NATO military alliance, marking a major shift in security policy. Finland, which shares a 810 mile (1,300 km) border with Russia, has gradually stepped up its… Read More ›
In a news report, Iraq’s state news agency INA reported, Baghdad has signed defense contracts with the Washington and Paris towards the import of advanced weapons which will strengthen its artillery. The report citing a senior military commander said, long-range… Read More ›
On Monday, a senior official from the EU said, during European Commission President Ursula von der Leyen’s visit to India, she will seek to increase sales of European military equipment to India and relaunch talks of a free trade agreement…. Read More ›
In a significant development, Romania, a NATO member, has grounded its entire fleet of MiG 21 LanceR fighter aircraft and will speed up a planned purchase of second-hand F-16s from Norway, said its defence ministry. The Russia Ukraine war is… Read More ›
In a statement the Pentagon said, the U.S. State Department has approved the potential sale of defense equipment to Taiwan including items to support the Patriot Air Defense System and training in a deal valued at up to $95 million…. Read More ›
In a statement the US Department of Defense said, the State Department has approved the potential sale of up to 8 F-16 fighter planes and related equipment to Bulgaria, in a deal valued at $1.673 billion. The principal contractor for… Read More ›
Germany has decided to purchase 35 U.S. F-35 fighter jets to replace its ageing Tornado fighters that are capable of delivering a nuclear bomb. The development sees a significant shift in German security policy, including a pledge to reach NATO’s… Read More ›
In a statement Danish Prime Minister Mette Frederiksen said, Denmark will significantly increase its defence budget and aims to slash its dependence on Russian natural gas following Russia’s invasion of Ukraine. Denmark aims to increase its defence spending gradually to… Read More ›
In a statement U.S. House of Representatives Speaker Nancy Pelosi said US lawmakers want to provide “lethal defense weapons” worth $600 million to Ukraine to battle the Russian invasion. “What we’re doing with Ukraine is making sure that we have… Read More ›
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