In a statement the Pentagon said, the U.S. State Department has approved the potential sale of F-15ID fighter aircraft and related equipment to Indonesia in a deal valued at up to $13.9 billion. Indonesian Defense Minister Prabowo Subianto said, Indonesia… Read More ›
Defense Minister
Israel submarine development deal with Germany’s Thyssenkrupp Marine Systems for $3.4 billion
In a statement on Thursday, Israel’s Defense Ministry said, it has signed an agreement with Germany’s Thyssenkrupp Marine Systems to develop and produce three advanced submarines for its Navy in a deal worth $3.4 billion (3 billion euros). The two… Read More ›
EU plans on creating joint military force by 2025
In a significant development, a draft EU plan shows that the bloc is weighing an option to create a joint military force of up to 5,000 troops by 2025 which can intervene in a range of crises without relying on… Read More ›
Austria’s Defense Minister hints at out-of-court settlement as a possible way out for Airbus
The Airbus & the Eurofighter consortium are furious with the manner Austria has been handling the outcome of the deal. The presumption of innocence is a fundamental concept that cannot and should not be cast aside and disregarded – said… Read More ›