The Ministry of National Defense said Tuesday that it was seeking a 5 percent increase in its budget for next year, with most of the 52.9 trillion won ($44.72 billion) total linked to personnel training and maintenance.

“We will make sure to invest in beefing up our capabilities to counter any se…

The first of Norway’s new rescue helicopters are today put into operation at Sola rescue base outside Stavanger. The new helicopters – dubbed SAR Queen – will provide greater security for people at sea, along the coast and in remote areas across the country.

“The Sea King helicopters have been us…

General Electric Co shares are now worth less than $5 each, analysts from J.P. Morgan said on Monday, valuing the U.S. conglomerate at less than $44 billion and predicting it is yet to reach a turning point in efforts to reboot its businesses.

The bank’s Stephen Tusa, among the bearish group of a…

When Defense Secretary Dr. Mark T. Esper talks about the Indo-Pacific he talks about it becoming a “networked region” — not in the information technology sense, but as like-minded countries working together.

His travels to the region this week and previously are to encourage this concept, said Da…

CHITOSE AIR BASE, Japan — U.S. Air Force and the Japan Air Self-Defense Force Airmen conducted bilateral training centered on honing defensive counter-air and Agile Combat Employment capabilities, and developing multi-capable Airmen during an Aviation Training Relocation event at Chitose Air Base,…

Lockheed Martin Missile Fire Controls, Grand Prairie, Texas, was awarded an $183,182,541 modification (P00016) to contract W31P4Q1-9-C-0101 for M142 High Mobility Artillery Rocket System launchers.

Work will be performed in Camden, Arizona; and Grand Prairie, Texas, with an estimated completion…