JAKARTA — Indonesia has resumed payment for its share of the cost for a joint fighter development project with South Korea, an informed source said Wednesday, nearly four years after Jakarta stopped its payments.

Indonesia’s Ministry of Defense made a payment of 9.4 billion won (US$6.6 million)…

Lockheed Martin Corp., Fort Worth, Texas, is awarded a not-to-exceed $765,158,560 firm-fixed-price, cost-plus-fixed-fee, undefinitized indefinite-delivery/indefinite-quantity contract.

This contract provides for site activation/hardware requirements in support of first aircraft arrival, initial …

Boeing Co.’s proposed sale of 36 new F-15 fighter jets and equipment to Indonesia has hit a snag over financing, according to people familiar with the matter.

Executives from the US plane-maker flew to Jakarta this week to discuss the transaction with Indonesian officials on the sidelines of an a…

On November 4, as Hanwha Aerospace Co., Ltd. signed a $3.55 billion initial implementation contract with the Polish Armed Forces Agency to export the 230mm-class multiple rocket launcher ‘Chunmu’, the amount of Korea’s defense industry export orders in 2022 will have achieved an all-time high of $17…

SEOUL — North Korea’s recent barrage of missile tests, including Wednesday’s record of at least 23 launches, is raising an important question about its weapons program: How does the impoverished country pay for the seemingly endless tests?

While some experts say each North Korean launch could c…

It is on Brazilian soil that Venezuelan immigrants and refugees seek better living conditions. The gateway to Brazil is through the border with the state of Roraima, where they receive humanitarian aid through Operation Acolhida. In this context, the Brazilian Air Force (FAB) provides support, espec…