by | Aug 6, 2024 | Security
The U.S. and Australia announced new agreements on basing and building weapons together Tuesday, part of an attempt to cement the Biden administration’s strategy in the region. The first initiative will increase America’s access to bases on Australia’s western and...
by | Aug 6, 2024 | Security
South Korea’s arms producers, recently dubbed members of the K-defense industry, are rising stars on the international stage, much like K-pop and K-drama. Because of the Russia-Ukraine war, many European countries have increased their defense budgets and become major...
by | Aug 6, 2024 | Security
The seven Chinese state-owned enterprises included in the Defense News Top 100 saw mixed results in 2023. The two largest companies performed well, with double-digit growth in their defense-related revenues between 2022 and 2023. Two other companies maintained steady...
by | Aug 6, 2024 | Security
RTX’s Raytheon has received a $478 million contract from NATO to replenish the Patriot GEM-T missiles Germany has sent to war-torn Ukraine, the company announced Tuesday. Awarding the contract was the NATO Support and Procurement Agency, which supports a partnership...
by | Aug 6, 2024 | Security
The sole Ukrainian business on this year’s Top 100 list takes the lead for the largest defense revenue change, growing by 72% from fiscal 2022 to fiscal 2023. And though the Ukrainian Defense Industry, formerly known as Ukroboronprom, declined to explain the...
