MILPLEX

The Military Industrial Complex

2,104 articles

Italy's Finmeccanica reorganizes
Dec 23, 2015 (UPI)
Italy's Finmeccanica Industrial group has completed its reorganization into a single entity from a holding company with separately controlled businesses. The re...
U.S. Army awards $1.05 billion D3I contract
Dec 18, 2015 (UPI)
The U.S. Army has awarded a $1.05 billion contract to multiple companies to support its Design, Development, Demonstration, and Integration Domain 3 program. Th...
India to purchase Russian S-400 Triumf defense system
Dec 18, 2015 (UPI)
The Indian government has approved the purchase of five units of Russian-made S-400 Triumf air defense systems. The S-400 Triumf air defense system is designed ...
Japan, Indonesia agree on defence technology transfer talks
Dec 17, 2015 (AFP)
Japan and Indonesia agreed Thursday to begin talks on the transfer of defence technology to Jakarta and to help reduce tensions in the South China Sea, official...
Russian Defense Ministry announces military procurement plan
Dec 15, 2015 (UPI)
The Russian Defense Ministry announced its future procurement plans, citing the expansion of radical extremism and what it calls "unfriendly" NATO policies. Rus...
Western arms makers see sales fall, Russia rises: SIPRI
Dec 13, 2015 (AFP)
Arms manufacturers in North America and Western Europe dominated international arms sales in 2014, but their market share dropped while Russian and Asian compan...
Kuwait government requests extra $20 bn for arms: reports
Dec 01, 2015 (AFP)
Kuwait's government has asked parliament for $20.5 billion in additional funds for defence purchases over the next 10 years, local media and a minister said Tue...
British PM David Cameron announces boost in defense spending
Nov 23, 2015 (UPI)
British Prime Minister David Cameron announced a $18.2 billion increase in defense spending, focusing on military equipment procurement. The budget totals at ap...
US approves $1.29 bn sale of bombs to Saudi Arabia
Nov 16, 2015 (AFP)
The United States has approved a $1.29 billion deal to replenish the Saudi air force's arsenal, depleted by its controversial bombing campaign against rebels in...
New York City turns tide on homeless vets
Nov 11, 2015 (AFP)
Four years ago Craig Hinds was homeless. A US Navy vet who served back-to-back tours in Iraq and Afghanistan, he had no job and was suffering from PTSD. His lif...
Orbital ATK and Boeing open offices in UAE
Nov 09, 2015 (UPI)
Orbital ATK has set up an affiliate in the United Arab Emirates through a partnership with Al Tuff International to support its growing business in the region. ...
Bullets, cluster bombs at Thai arms fair despite censure over junta rule
Nov 04, 2015 (AFP)
French anti-tank missiles, Swedish jets and American assault rifles -- Western governments have criticised Thailand's junta for toppling democracy but at a Bang...
Rosoboronexport touts business growth
Oct 30, 2015 (UPI)
Rosoboronexport, the Russian state-owned company for exports, chalked up more than $115 billion in export business over the past 15 years. Most defense products...
Lockheed Martin, Boeing want answers on bomber contract award
Oct 28, 2015 (UPI)
The Air Force's selection of Northrop Grumman to build a next-generation bomber may run into flak from contract-losers Lockheed Martin and Boeing. The two compa...
U.S. military sales more than $47B in fiscal 2015
Oct 23, 2015 (UPI)
International sales of U.S. military equipment and services in fiscal 2015 reached an overall total of $47.085 billion. The Defense Security Cooperation Agency,...
Obama vetoes $612 bn defense bill citing Gitmo, 'gimmicks'
Oct 22, 2015 (AFP)
US President Barack Obama vetoed a $612 billion defense spending bill Thursday, saying it prevented the closure of Guantanamo Bay prison and wasted money on unw...
Pakistan continues defense export push
Oct 07, 2015 (UPI)
Pakistan promoted its defense industry on Tuesday as its Defense Export Promotion Organization launched an exhibition center in Islamabad. The inauguration of t...
Raytheon takes over Foreground Security
Oct 05, 2015 (UPI)
Raytheon says it has accelerated its expansion into managed security services with the acquisition of Virginia-based Foreground Security. Foreground Security is...
France to increase defense spending in 2016
Oct 02, 2015 (UPI)
France will increase its 2016 defense budget by $671 million to $32 billion according to a parliamentary bill published on Wednesday, even as the country enacts...
Pentagon concerned about defense industry mergers
Oct 01, 2015 (UPI)
The Pentagon's top weapons buyer has voiced concern that major security industry deals like Lockheed Martin's purchase of Sikorsky could hinder innovation. U.S....
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