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.
Australia announced a $4.7 billion purchase of Raytheon SM-2 and SM-6 missiles and Taiwan is likely to buy three Raytheon NASAMS medium-range air defence systems in a $2 billion sale.
Seventy-four Israeli companies were supposed to exhibit at the Eurosatory defence exhibition on the outskirts of Paris, later this month, before they were banned after French President Emmanuel Macron called for Israeli attacks on Rafah to stop. Israeli stands were empty at the Dubai Airshow held last November, shortly after the October 7th attack by Hamas. But they were back on display at the Singapore Airshow held last February.
Eight of the F-35A fighters intended for Turkey will now be acquired by the USAF in an order that also includes six additional F-35A aircraft, for an order worth USD 861.73 million.
Nazis, spies, the cold war and the arms trade: The story of how a decorated ex-Nazi officer and arms dealer sold fighter aircraft to India and Pakistan, both under an arms embargo after the 1965 war.
BAE Systems and the U.S. government will deliver 25 M777 Ultra Light Howitzers off the shelf, while a further 120 will be assembled in India with Indian partner Mahindra.
