MILPLEX

The Military Industrial Complex

2,104 articles

S. Korea says to pick weapons suppliers in October
May 25, 2012 (AFP)
South Korea will select suppliers of military aircraft worth billions of dollars in October, a spokesman said Friday, despite calls from the main opposition par...
$3B in training deals for European firms
May 25, 2012 (UPI)
Military pilot training and training aircraft were in the news this week, with European companies reaping more than $3 billion in contracts. BAE Systems in Brit...
Canadian military shakeup to save costs
May 24, 2012 (UPI)
A planned shakeup in the command structure of Canada's 68,000-strong armed forces will save costs and also respond to criticism of government performance over t...
Saudi signs $3 bn deal with Britain to buy trainer jets
May 23, 2012 (AFP)
Saudi's defence ministry has signed a $3 billion deal with Britain to buy trainer jets for the kingdom's air force, SPA state news agency reported on Wednesday....
Chinese fake parts 'flood' US military: Senate report
May 21, 2012 (AFP)
More than a million Chinese counterfeit electronic parts are estimated to be in use in US military aircraft, according to a US Senate report released Monday say...
Top Israeli arms firm fined for exports
May 21, 2012 (UPI)
Israel Aerospace Industries, flagship of Israel's defense industry, has been fined $260,800 for negotiating to export military equipment to an unidentified coun...
NATO moves to share costs of military hardware
May 20, 2012 (AFP)
NATO on Sunday approved more than 20 joint projects designed to share the costs of weapons and equipment at a time when member states face shrinking defense bud...
Northrop Grumman to Explore Opportunities with Brazilian Machining Companies
May 18, 2012 (SPX)
Boeing Super Hornet industry partner Northrop Grumman has signed Memorandums of Agreement (MOAs) with two Itajuba-based companies that could expand their precis...
Smiles and frowns over defense deals
May 16, 2012 (UPI)
There are smiles and frowns this week over contracts gained and contracts lost by Europe's defense equipment manufacturers. On the positive side, Italy's Iveco ...
Russia Needs New System of Defense Procurement - Medvedev
May 15, 2012 (RIA Novosti)
Effective system of placement and implementation of state defense orders will be established when new Russian government is forged, Prime Minister Dmitry Medved...
Congress panel backs higher arms buys
May 15, 2012 (UPI)
A U.S. House of Representatives committee wants $5.3 billion more allocated for defense spending in 2013 to enable the government procurement agencies to buy mo...
German court orders Canadian-German arms dealer freed
May 15, 2012 (AFP)
A German court Tuesday ordered the release from jail of a Canadian-German arms dealer who was a key player in a party funding scandal that helped bring Chancell...
Viktor Bout appeals the verdict
May 15, 2012 (Voice of Russia)
Russian businessman Victor Bout was sentenced back on April, 5th for 25 years in prison. That day his attorney Mr. Dayan set a plan to appeal the verdict. A.D.:...
Canada overhauls army command
May 14, 2012 (UPI)
Canada is going ahead with a military shake-up that will mean a leaner armed forces infrastructure and implications for future procurements from defense industr...
S. America aims for transparent arms deals
May 11, 2012 (UPI)
Countries under the Union of South American Nations flag pledged to share information on their military spending as part of a long-held goal for transparency in...
Aussie defense budget weathers cuts
May 11, 2012 (UPI)
Australia's defense budget will be cut but some major projects including submarine procurement have been spared. The national budget deficit stands at nearly $4...
Panetta warns Congress against extra Pentagon funds
May 10, 2012 (AFP)
US Defense Secretary Leon Panetta scolded Republican lawmakers Thursday for adding what he deemed to be unnecessary expenses to the Pentagon's budget, warning i...
GKN, Alenia get production work
May 10, 2012 (UPI)
Two European aerospace companies will be busy separately producing aircraft and aircraft structures for military programs for months to come. GKN Aerospace of B...
Brazil's transport jet adds more partners
May 10, 2012 (UPI)
Brazilian aircraft maker Embraer's KC-390 tactical transport plane is developing into a multinational manufacturing and assembly program and posing a serious ch...
Australia touts defence spending despite cuts
May 10, 2012 (AFP)
Australian Defence Minister Stephen Smith defended Canberra's military spending as "far greater" than its regional neighbours Thursday after an Aus$5.5 (US$5.55...
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