Biden announces nearly $2.5 billion in military aid for Ukraine

President Joe Biden said Monday that the United States will send nearly $2.5 billion more in weapons to Ukraine as his administration works quickly to spend all the money it has available to help Kyiv fight off Russia before President-elect Donald Trump takes office....

Italy sells Piaggio Aerospace to Turkish drone maker Baykar

ROME — Turkish drone manufacturer Baykar has purchased Italy’s Piaggio Aerospace, reflecting Baykar’s growing global ambitions while marking a timely rescue for the troubled Italian aircraft producer. The deal, which was announced on Friday by Italy’s industry...

Leonardo clinches Austria deal with M-346 trainer-fighter jets

ROME — Austria is to purchase 12 Italian Leonardo M-346FA jets to serve in both a training and defense role, Austria’s defense minister has said. A contract for the buy is currently being negotiated on a government-to-government basis between Vienna and Rome, the...

China unveils amphibious assault ship that can launch fighter jets

BANGKOK — China launched a new amphibious assault ship Friday, capable of launching fighter jets and designed to strengthen the navy’s combat ability in distant seas. The Sichuan, the first ship of the Type 076, is China’s largest such ship yet, displacing 40,000 tons...