As NATO races to supply Ukraine before Trump takes office, Europe is struggling to touch two percent of its GDP on defence expenditure while Russia plans to spend more than 32 percent of its national budget on its military.
Tag: LIG Nex1
VSHORAD trials set for May
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•StratPost understands that four Original Equipment Manufacturers (OEMs) have been selected for the trials which will take place in India for an initial order estimated to be worth INR 27,000 crore (USD 5.4 billion) for over 800 launchers and over 5,000 missiles.
India opens bids for VSHORAD tender
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•The Indian Ministry of Defense has opened bids for the tri-service purchase of Very Short Range Air Defense (VSHORAD) systems. The initial purchase of 5185 units is expected to be worth USD 5.8 billion (INR 26,000 crore).