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Apr 7, 2021
Gen Nakatani, the former Director General of the Japan Defence Agency, has called on Prime Minister Suga Yoshihide to introduce offset obligations on military purchases. Such agreements are common among...
Jan 13, 2021
January 12, 2021 - The U.S. Department of the Navy awarded Vertex Aerospace LLC the $123 million Contracted Maintenance, Modification, Aircrew, and Related Services (CMMARS) task order in July 2020...
Oct 14, 2020
Tucson, Ariz., October 13, 2020 / PRNewswir e/ - Raytheon Missiles & Defense, a Raytheon Technologies business (NYSE: RTX), today announced the StormBreaker® smart weapon has been approved for use...
Aug 3, 2020
Melbourne, FLA. July 31, 2020 - L3Harris Technologies (NYSE:LHX) today completed the previously announced sale of its EOTech business to American Holoptics, an affiliate of Koucar Management. With annual revenue...
Jun 25, 2020
June 24, 2020 - Rolls-Royce has secured recent agreements with the U.S. Navy for ship engines, propulsion components and services valued at up to $115.6 million. Leo Martins, Rolls-Royce Defense,...
Jun 5, 2020
June 4, 2020 -
May 18, 2020
Romania is still accepting indirect (commercial) offset projects despite Directive 2009/81/EC. Several defence contractors and service providers have told us of commercial projects with Romanian industry for which they have...
May 11, 2020
The Sri Lanka Tea Board has confirmed that discussions are still underway towards finalising a crucial barter deal with Iran. The deal would resolve an impasse over exports and payments...
May 11, 2020
Iran owes Indian rice producers millions of dollars as a barter arrangement between the two countries struggles to cope with U.S.-imposed sanctions. India has stopped importing Iranian oil. The two...
May 11, 2020
Iran, Malaysia, Turkey, and Qatar are considering trading among themselves using a countertrade structure backed by gold. The purpose would be to hedge against the imposition of any future economic...