SEOUL — South Korea is seeking to carve out a 5 percent share in the global arms export market by 2027 to become the world’s fourth-largest defense exporter, Seoul’s defense ministry said Thursday.

The goal was outlined as President Yoon Suk-yeol presided over a meeting of government and milita…

Exactly nine months since the Russia-Ukraine conflict broke out on February 24, it is now not only Russia and Ukraine that have been severely impacted in the crisis, Europe and the US that stand behind it have also been deeply mired. As the conflict continues to further drag in a stalemate, it has b…

On November 23, the Bundestag discussed the 2023 defense budget in the second reading. Defense Minister Christine Lambrecht spoke out in favor of an increasing defense budget in the parliamentary debate. According to the minister, the Federal government is converting the ‘turning point’ into practic…

Saab has today signed a contract with the Polish State Treasury Armament Agency for design, production and support of two ships for Signal Intelligence (SIGINT) for Poland. The total order value corresponds to approximately EUR 620 million with deliveries planned during 2027. The order is expected …

A £90 million contract to upgrade land-based radio capabilities will improve battlefield effectiveness while supporting over 200 jobs in Hampshire.

The new deal for 1,300 new Multi-Mode Radios (MMR), which has been awarded to L3 Harris Communications Systems, will see the portable radios operated…

The government is proposing urgent changes to the defense budget for 2022 linked to the security policy situation in Europe and increased energy, fuel and currency prices. Among other things, the government is also proposing improvements to leave for conscripts and junior officers, improvements to c…