Ukraine’s government approved a draft agreement with the United Kingdom on taking out a billion-dollar loan to build up the nation’s navy.

In the making since late 2020, the deal envisages a 1.25 billion pound ($1.6 billion), 10-year loan provided to Kyiv for procuring from Britain a number of wa…

The Defence Acquisition Council (DAC), in its meeting of November 02, 2021 held under the chairmanship of Raksha Mantri Shri Rajnath Singh, accorded Acceptance of Necessity (AoN) for capital acquisition proposals for modernisation and operational needs of the Armed Forces amounting to Rs 7,965 crore…

The Ministry of Defence (MoD) has been managing suppliers and delivering military equipment programmes critical to UK national security for decades, but despite numerous reviews of defence procurement over the past 35 years the Public Accounts Committee says in its report today the Mod “continually …

Korea Aerospace Industries, South Korea’s sole aircraft manufacturer, is in talks with the Slovakian government to sell 10 FA-50 homegrown trainer jets in a $500 million deal, the Defense Acquisition Program Administration said Wednesday.

KAI is set to sign a deal with Slovakian aircraft repair c…

MOSCOW — Russia’s biggest shipyard, Sevmash (part of the United Shipbuilding Corporation), will hand over two nuclear subs to the Russian Navy next year, a source close to the Russian defense ministry has told TASS.

“The current plans for 2022 envisage the transfer of one strategic [submarine] …

An accident in the South China Sea involving a nuclear-powered American submarine was caused by an uncharted, natural underwater feature, the U.S. Navy has concluded after a month-long investigation.

In a statement issued late Monday, the U.S. 7th Fleet said its investigation into the Oct. 2 coll…