MILPLEX

The Military Industrial Complex

2,104 articles

Growth seen for Latin America's defense market
Apr 20, 2015 (UPI)
The Latin American defense market is increasingly becoming active because of the need to modernize military systems and economic growth to fund procurement. Mar...
US military worries about losing hi-tech edge
Apr 09, 2015 (AFP)
The US military is in danger of losing its technological advantage unless it invests in research and finds ways to build innovative weapons much faster, top off...
FLIR Systems settles SEC charges
Apr 09, 2015 (UPI)
Defense contractor FLIR Systems Inc. is paying the U.S. government more than $9.5 million to settle charges it violated Foreign Corrupt Practices Act. The U.S. ...
US State Dept approves $1bn military sale to Pakistan
Apr 08, 2015 (AFP)
The US State Department has approved the sale of almost a billion dollars' worth of advanced helicopters and missiles to Pakistan to help its counter-terror ope...
UN Security Council holds Libya arms embargo in place
Mar 27, 2015 (AFP)
The UN Security Council unanimously adopted a resolution on Friday to step up the fight against Islamic extremists in Libya but without lifting the arms embargo...
Raytheon UK, Home Office settle contract dispute
Mar 27, 2015 (UPI)
The British subsidiary of Raytheon and the government's Home Office have settled their protracted dispute over cancellation of a contract. Under the settlement ...
Raytheon, Poland's MESKO increasing collaboration
Mar 26, 2015 (UPI)
Raytheon's Missile Systems business is expanding its cooperation with Polish missile and ammunition manufacturer MESKO with the signing of a Letter of Intent. T...
Airbus DS sells Rostock System Technik subsidiary
Mar 24, 2015 (UPI)
Airbus Defense and Space has announced the sale of its aerospace engineering subsidiary, Rostock System Technik GmbH, to Ferchau Engineering GmbH of Germany. Th...
China becomes world's number three arms exporter: study
Mar 15, 2015 (AFP)
China has eased ahead of Germany and France to become the world's number three arms exporter after the United States and Russia, a Stockholm-based think-tank sa...
Defence firm wants damages from Germany over blocked Russia contract
Mar 13, 2015 (AFP)
Defence technology and auto parts group Rheinmetall has demanded 120 million euros in damages from the German government after Berlin blocked a major contract w...
Saudi Arabia recalls ambassador to Sweden after military ties cut
Mar 11, 2015 (AFP)
Saudi Arabia has recalled its ambassador to Stockholm, the Swedish Foreign Ministry said Wednesday, as a rift between the two countries deepened with Sweden cut...
Saudi Arabia becomes top arms importer: study
Mar 08, 2015 (AFP)
Saudi Arabia overtook India in 2014 as the world's biggest importer of defence equipment, fuelled by tensions in the Middle East, according to a study published...
Petraeus to plead guilty to spilling secrets to mistress
Mar 03, 2015 (AFP)
Former American military commander and CIA chief David Petraeus will plead guilty to illegally providing classified secrets to his mistress, a dramatic fall fro...
Montenegro extradites accused arms traffickers to US
Feb 25, 2015 (AFP)
Montenegro on Wednesday extradited to the United States three international arms traffickers who face charges in New York of conspiring to supply Colombia's Mar...
Cubic Corporation combines defense business units
Feb 19, 2015 (UPI)
The two defense segments of the Cubic Corporation have been combined for improved efficiency, collaboration and cost-savings. Merged into a new unit called Cubi...
BAE Systems posts mixed 2014 earnings
Feb 19, 2015 (AFP)
British aerospace group BAE Systems said Thursday that 2014 net profits more than quadrupled on lower impairments, but underlying earnings fell on weak Western ...
Rheinmetall says operating profit down in 2014
Feb 19, 2015 (AFP)
German defence technology and automotive parts specialist Rheinmetall said Thursday that underlying profit was down last year, due to a government decision to v...
India's Kalyani group announces Israel defence venture
Feb 19, 2015 (AFP)
India's Kalyani industrial group announced on Thursday a "substantial" joint venture with Israel to make missiles and other weapons, after Prime Minister Narend...
Malaysia PM calls policeman's claims in 2006 murder 'rubbish'
Feb 19, 2015 (AFP)
Malaysia's prime minister on Thursday dismissed as "rubbish" a former police commando's claim that he was ordered by "important people" to kill a woman linked t...
Modi vows to end India status as top defence importer
Feb 18, 2015 (AFP)
Prime Minister Narendra Modi vowed Wednesday to end India's status as the world's number one defence importer, saying he wanted 70 percent of hardware to be man...
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