Yearly Archive: 2022

Terma Selected to Supply $650M Air-Defense System to Danish Army

Terma Selected to Supply $650M Air-Defense System to Danish Army

The Danish Ministry of Defence Acquisition and Logistics Organisation (DALO) has selected Terma a/s, the country’s biggest defense contractor, to supply an air-defense system for the Danish Army’s 1st Brigade.

The information, posted on the EU Electronic Tenders portal, was first reported by the …

US Announces Additional $1.1 Bn Aid Package for Ukraine

US Announces Additional $1.1 Bn Aid Package for Ukraine

Today, the Department of Defense (DoD) announced approximately $1.1 billion in additional security assistance for Ukraine under the Ukraine Security Assistance Initiative (USAI). This USAI package underscores the U.S. commitment to continuing to support Ukraine over the long term.

It represents …

South Korea Hopes Indonesia Will Resume KF-21 Payments

South Korea Hopes Indonesia Will Resume KF-21 Payments

SEOUL — South Korea’s homegrown KF-21 fighter jet is expected to achieve supersonic speeds during a flight test in the first quarter of next year, the state arms procurement agency chief has said, in what would be a key milestone in the country’s weapon system acquisitions.

Eom Dong-hwan, minis…

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