MILPLEX

The Military Industrial Complex

2,104 articles

Russia to create bank for sanctions-hit defence industry
Jan 18, 2018 (AFP)
In a statement the Russian finance ministry said the bank would specialise in "conducting operations related to state defence orders and large state contracts."...
Rolls-Royce deepens restructuring, may sell marine unit
Jan 17, 2018 (AFP)
"Building on our actions over the past two years, this further simplification of our business means Rolls-Royce will be tightly focused into three operating bus...
Norway wealth fund bans 9 groups, including BAE Systems
Jan 16, 2018 (AFP)
The British defence group, along with the US firms Aecom, Fluor and Huntington Ingalls Industries have been banned for producing components to build nuclear wea...
Airbus fined 104 mn euros over Taiwan missile affair
Jan 13, 2018 (AFP)
Airbus, which this week agreed to sell China 184 A320 planes by 2020, said in a statement it had been ordered to pay the fine "for a complaint of breach of cont...
N. Korea steps up tunnelling at nuclear test site: monitor
Jan 12, 2018 (AFP)
Satellite images showed increased activity at the Punggye-ri site, with mining carts and personnel frequently visible, and excavation waste piles growing, the r...
Congress to receive update from Pentagon as agency audit begins
Jan 10, 2018 (UPI)
The Under Secretary of Defense and Chief Financial Officer David L. Norquist will update the committee on the Pentagon's FIAR plan, which illustrates to Congres...
Netanyahu set to lead trade task force to India
Jan 10, 2018 (AFP)
Foreign ministry deputy director general for Asia, Gilad Cohen, said the six-day trip starting Sunday was meant to further deepen political, trade and cultural ...
State Department approves potential weapons sale to Mexico
Jan 08, 2018 (UPI)
The Defense Security Cooperation Agency announced approval the $98.4 million sale in a press release Friday, after notifying Congress of the potential sale. Mex...
Italy acquits former Finmeccanica chief in corruption case
Jan 08, 2018 (AFP)
Finmeccanica's former chief Giuseppe Orsi and the former head of the AgustaWestland subsidiary, Bruno Spagnolini, had both originally been sentenced to two year...
Norway suspends arms exports to UAE over Yemen war
Jan 03, 2018 (AFP)
"The development of the armed conflict in Yemen in the autumn of 2017 has been serious and there are severe concerns for the humanitarian situation," the Norweg...
Raytheon to support inventory management for Army
Dec 12, 2017 (UPI)
The contract, announced Monday by the Department of Defense, is worth more than $28.7 million and modifies the terms of a $36.4 million contract from December 2...
EU launches defence pact with submarine drones
Dec 11, 2017 (AFP)
Twenty-five countries -- all of the EU member states except Denmark, Malta and Britain, which is leaving the bloc -- have signed up for the pact, known as perma...
Dutch want arms dealer's extradition after S.Africa arrest
Dec 08, 2017 (AFP)
"This morning shortly after eight o'clock local time, Interpol South Africa arrested Guus K. at his home in Cape Town," the Dutch public prosecution service sai...
Raytheon forms new company in United Arab Emirates
Dec 08, 2017 (UPI)
Named Raytheon Emirates, the new wholly-owned subsidiary coincides with Raytheon's 30th anniversary of partnership with the UAE, the company announced on Thursd...
Department of Defense seeks to speed up acquisition process
Dec 08, 2017 (UPI)
The Senate Armed Services Committee on Thursday heard testimony from U.S. Air Force Secretary Heather Wilson, alongside other military officials, including Elle...
Israel Aerospace Industries opens Mexico office
Dec 07, 2017 (UPI)
Israeli Ambassador to Mexico Jonathan Peled and local representatives attended the opening of the office this week, according to a company news release. "We con...
Naval Group, Fincantieri bid for Canadian ship contract
Dec 04, 2017 (UPI)
The ship for Canada's 12-vessel requirement is based on the FREMM multi-role frigate used by the navies of both countries and can be easily modified to meet Can...
U.S. sales to foreign militaries top $41 billion in fiscal year 2017
Nov 30, 2017 (UPI)
The figure was released Wednesday by the U.S. Defense Security Cooperation Agency, or DSCA, which manages the U.S. Foreign Military Sales program. According to ...
Britain's May in Riyadh after surprise Baghdad visit
Nov 29, 2017 (AFP)
May flew in to the Saudi capital on the second leg of her Middle East tour, following a surprise visit to Baghdad where she met her Iraqi counterpart Haider al-...
British PM May embarks on visit to Saudi Arabia, Jordan
Nov 28, 2017 (AFP)
The British leader will hold talks on issues including Qatar and Yemen with Saudi Arabia's Crown Prince Mohammed bin Salman, before heading to Jordan for meetin...
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