MILPLEX

The Military Industrial Complex

2,104 articles

Australia's bloated defense contracts
Mar 08, 2013 (UPI)
Projected Australian defense budget constraints are affecting military acquisition programs. Given that many of the Australian Department of Defense purchases w...
Russia arms firms bag Iraq, chase Libya
Mar 05, 2013 (UPI)
Iraq's decision to stick to a $4.3 billion arms deal with Russia is good news for Moscow as it strives to restore its Cold War influence in the Middle East and ...
Australian defense cuts to hit deployments
Mar 04, 2013 (UPI)
Proposed Australian defense cuts could affect everything from deployments to weapons acquisitions, Australian defense specialists say. Canberra University Natio...
British military capability at risk from more cuts: minister
Mar 02, 2013 (AFP)
The capability of Britain's armed forces would be put at risk if defence spending is cut again in the government's next spending review, Defence Secretary Phili...
US Defense Secretary Hagel scolds budget cuts
Mar 01, 2013 (AFP)
Major budget cuts initiated Friday will endanger the US military's ability to conduct its missions, Pentagon chief Chuck Hagel warned. His comments came hours b...
India hikes defence spending by 21%
Feb 28, 2013 (AFP)
India on Thursday hiked its defence spending by 21 percent to $42.7 billion and promised that strains on the public finances would not hamper moves to modernise...
Britain's MoD under fire for 'wasting' billions
Feb 28, 2013 (AFP)
Lawmakers slammed Britain's Ministry of Defence on Thursday after it was revealed that between 2009 and 2011 it bought 1.5 billion pounds worth of equipment mor...
Greece and France to sign defence agreement: Le Drian
Feb 28, 2013 (AFP)
French defence minister Jean-Yves Le Drian said on Thursday that Greece and France will sign a defence collaboration agreement, following reports that Athens wo...
Pentagon to make 'quick decisions' on sequester cuts
Feb 28, 2013 (AFP)
The Pentagon will make "some very quick decisions" on programs to be hit by automatic spending cuts under the so-called sequester, a Defense Department spokesma...
Libya to ask UN to lift arms embargo
Feb 27, 2013 (AFP)
Libya said on Wednesday it will ask the UN Security Council to lift an embargo on arms imports to the instability-wracked North African country. "At my meeting ...
India rejects Finmeccanica denial over chopper bribes
Feb 27, 2013 (AFP)
India on Wednesday rejected denials by Italy's Finmeccanica that the company paid bribes to clinch a $748-million contract for 12 British-built helicopters. Ind...
EADS lifts profits, sales in 2012
Feb 27, 2013 (AFP)
European aerospace giant EADS said Wednesday it achieved a strong rise in sales and earnings last year on the back of record sales at commercial aircraft maker ...
India ex-air force chief faces Italian chopper probe
Feb 25, 2013 (AFP)
Indian police said Monday they would probe a former Indian air force chief and 10 others over a $748 million contract for 12 Italian helicopters amid charges th...
Despite political rift, Germany boosts military aid to Israel
Feb 25, 2013 (UPI)
Prime Minister Binyamin Netanyahu pledged to advance peace efforts with the Palestinians after talks with Chancellor Angela Merkel of Germany, whose government ...
China takes aim at extravagance in military spending
Feb 24, 2013 (AFP)
China's military has introduced new rules to combat "extravagance and waste" in spending, state media said Sunday, as the country's new leaders stress austerity...
Japan's ruling party seeks to ease ban on arms exports
Feb 24, 2013 (UPI)
Japan's ruling party is seeking approval for a security strategy that could ease a ban on arms exports, the Asahi Shimbun newspaper reported. An agreement would...
India seeks more local arms production
Feb 22, 2013 (UPI)
Indian Defense Minister A. K. Antony wants Indian industry to produce more armaments. For decades India has been forced to import defense materials, seeing the ...
Gulf states go big for Western hardware
Feb 22, 2013 (UPI)
Persian Gulf monarchies, fearful of an increasingly pressured Iran and jittery about the political upheaval sweeping the Arab world, have been eyeing the wares ...
BAE Systems posts falling annual profits, eyes 3,500 US job cuts
Feb 21, 2013 (AFP)
British arms maker BAE Systems said Thursday that stretched defence budgets weighed on the group's profits in 2012 and warned that fresh cutbacks could force it...
Russia: UAE seeking more weapons
Feb 19, 2013 (UPI)
The United Arab Emirates is in the market for more Russian-made weapons, Russian Trade and Industry Minister Denis Manturov said last weekend. Manturov, attendi...
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