ASELSAN Opens Branch Office in Latin America
ASELSAN opened its Santiago Office in Latin America as part of its global growth strategy.
Investment News
Investment
Expo and Air Show
Land
Investment
Engine and Transmission
Rheinmetall Constructs a New Hybrid Facility in Hungary
Rheinmetall is establishing a new facility in Szeged, Hungary, to increase its presence in the EU and NATO partner countries.
Investment
Doğan Holding Visits Karel Company
Doğan Holding Senior management visited Karel facilities, which offers products and solutions for the electronics and defence industry, in Ankara.
Air
Investment
Engine and Transmission
GE Becomes GE Aerospace after GE Vernova Spin-Off
GE Aerospace launches as an independent public company positioned to deliver propulsion, services and systems.
Investment
Regional / Strategy
EU: United for Europe, Divided about Defence
The EU is divided into northern and southern countries regarding the proposal to issue a Eurobond for EU defence support.
Land
Investment
Otokar Announces the Romanian Bid at KAP
Romania-based “Defense Romania” recently claimed that only OTOKAR made a bid in the 4×4 armoured vehicle tender opened by Romania.
Land
Investment
France and Germany Sign MGCS Tank Development Agreement
France and Germany agreed to develop a planned next-generation tank known as the Main Ground Combat System (MGCS).
Weapon / Missile
Investment
Russia Hits Dnipro Dam with Cruise Missiles
Dnipro Dam of Ukraine in the city of Zaporizhzhia used as a hydroelectric power plant, was targeted by a Russian cruise missile strike using flare decoys.
Air
Investment
Indonesia Conditionally Returns KF-21 Boramae Programme
Indonesia returns to the KF-21 Boramae programme by agreeing to pay the debt for the development of the jet but wants to produce 48 units at PTDI.
Weapon / Missile
Investment
The EU Invests for War in Horizon
The European Commission allocates €500 million to boost 155 mm artillery shell production to strengthen the EU's defence industry.
Investment
ASELSAN Adapts its Technology to Medicine: ADR-M100
ASELSAN developed the Mobile X-ray Device ADR-M100 together with Hacettepe University.
Investment
Regional / Strategy
Defence Politics
NATO Published 2023 Annual Report
NATO's Secretary General's Annual Report is published. The report underlines that without NATO, there is no security in Europe.
Ammunition
Weapon / Missile
Investment
Country
Defence Politics
U.S. Army Increases Budget for NGSW Infantry Weapons
The U.S. Army increased the Fiscal Year 2025 budget to acquire M7 rifles and M250 machine guns from $132.9 million to $367.3 million.
Weapon / Missile
Investment
The U.S. Navy Announces Plans For Munition Acquisitions
In the announced plan for FY24, USN and USMC are set to acquire some of the new weapon systems, such as the CPS hypersonic missile and JASSM-ER cruise missile.
