SEOUL — South Korea recorded US$13 billion worth of arms exports in the first nine months of this year, Seoul’s defense chief said Thursday in a report to President Yoon Suk-yeol.

Defense Minister Lee Jong-sup said defense exports so far this year have created an overall economic effect worth 3…

ROME — Leonardo has announced today the signing of a contract by Italy’s Carabinieri for the supply of 20 AW119Kx single engine helicopters for its Air Service. The aircraft will be assembled at Leonardo’s Vergiate facility (Varese) with deliveries expected in the 2023-2026 period. The contract al…

The Defense Resources Agency under the Ministry of National Defense signed a contract with the Spanish company “EXPAL Systems, SA” for the purchase of towed 120 mm mortars EXPAL 120-MX2-SM. The weapons are planned to be delivered within two years, and half of the purchased mortars should reach the L…

The funds allocated to the security and defense of Lithuania will increase next year: the priorities are the modernization of the army and of the infrastructure.

The 2023 draft state budget submitted by the Government of the Republic of Lithuania and currently being considered by the Seimas envis…