Monthly Archive: Marzo 2022

SEOUL — South Korea’s military plans to start test-running a homegrown armored vehicle next month as part of a program to support local firms’ defense exports, the state arms procurement agency said Wednesday.

From April to May, the Army’s 11th Maneuver Division is set to conduct the test of th…

Russia’s premeditated and unprovoked invasion of Ukraine has galvanized NATO and global partners, Air Force Gen. Tod D. Wolters told the Senate Armed Services Committee today.

“We are witnessing a generational moment, a historic demonstration of unity in will and an unprecedented effort by allies…

Great power competition in the Western Pacific is likely to intensify following the appearance of Chinese plans for a military presence in the Solomon Islands, according to security experts.

Leaders in Australia and New Zealand reacted with alarm this week after opponents of a security agreement …

Space Force is requesting $24.5 billion to fund its third year of operations to allow the newest service branch to add more personnel and keep pace with Chinese advances in space.

The service’s budget proposal is about $7 billion more than last year’s request and marks the first year that the ser…

Sweden enters into technical cooperation with Finland, Estonia and Latvia for the development of a new armored off-road vehicle. The cooperation is based on an EU directive for shared costs of development work. Finnish Patria has been chosen as an industrial partner and Finland is the so-called lead…

Defence Procurement Minister Jeremy Quin announced this week he has set the baseline profit rate (BPR) for single source defence contracts at 8.31%. This will be used to calculate the profit payable on single source work contracted in 2022-23.

The Minister announced that in setting the rate, he h…