by | Aug 8, 2022 | Security
NEW DELHI — India is preparing a new list of additional banned foreign-made defense materiel, according to the Society of Indian Defence Manufacturers, with the industry association providing its own input to the government. The effort follows three other lists...
by | Aug 8, 2022 | Security
ANKARA, Turkey — Turkey’s defense and aerospace sales have increased tenfold over the last two decades, with the sector’s export business growing by nearly 1,200%, according to data released May 3 by one of the country’s industry umbrella organizations. Sales in 2002...
by | Aug 8, 2022 | Security
The war in Ukraine has sparked a global hunger for weapons that is likely to play out over years. In some cases, the war is pushing countries to turn to off-the-shelf systems rather than wait for programs already in development. As a result, this new wave of spending...
by | Aug 8, 2022 | Security
WASHINGTON — For Raytheon Technologies, it wasn’t one specific material that surged in price, causing headaches for the defense contractor. Instead, it has been virtually all supplies the company uses to make key defense products, including the F-35 Joint Strike...
by | Aug 8, 2022 | Security
From a global economic perspective, 2021 will largely be remembered as the bridge between the pandemic disruption of early 2020 and operating in a challenging macroeconomic environment dominated by rising inflation, supply chain issues, the likelihood of a 2022...