Monday, July 1, 2024

Defense

South Korea’s KAI signs $1.4 billion deal to launch mass production of homegrown KF-21 fighter jets

Nine years after the development of South Korea’s KF-21 Boramae began, the Korean government finalized a significant deal with Korea Aerospace Industries for the production of 20 fighter jets

Ukraine signs 10-year security agreements with US and Japan at G7 Summit

Ukrainian President Volodymyr Zelenskyy announced that his country signed two separate 10-year security agreements with the United States and Japan at the 50th G7 summit in Puglia, Italy.

Russian warships and nuclear-powered submarine arrive in Cuba for joint drills

A group of Russian Navy ships, including a nuclear-powered submarine, arrived in Cuba on June 12, marking the largest show of force by Russia in its long-standing relationship with Cuba in years.

Turkiye to build three Corvettes for Malaysian Navy

Turkey and Malaysia signed a historic agreement for the construction of three vessels for the Royal Malaysian Navy under Malaysia’s Littoral Mission Ship Batch 2 Project

US and Japan sign agreement to co-develop hypersonic interceptor

US and Japan have signed agreement to develop a new hypersonic interceptor capable of neutralizing fast-moving threats during the glide phase of their flight

Germany and France sign deal to develop ‘Tank of the future’

The French and German defense ministers signed the memorandum of understanding for an effort to jointly develop the ‘Tank of the future’, the Main Ground Combat System (MGCS)

Biden signs $95 billion aid bill for Ukraine, Israel and Taiwan

The US Senate approved a $95 billion aid package for Ukraine, Israel, and Taiwan on April 23, with a resounding 79 to 18 vote in favor of the bill.

Indonesia signs $1.3 billion deal with Italian shipbuilder Fincantieri for two multipurpose offshore patrol vessels

The purchase involves PPA vessels which were originally destined for the Italian Navy.

Japan approves export of cutting-edge fighter jets in latest break from pacifist stance

Japan has relaxed its strict defense equipment transfer regulations, enabling the global export of next-generation fighter jets it's collaboratively developing with Britain and Italy, to remove a significant obstacle for the trilateral project.

Sweden officially joins NATO, ending 200 years of neutrality

Sweden officially became the 32nd member of NATO, marking the end of its neutrality since World War II and its centuries-long stance of not aligning with major powers.

Latest News

ASEAN Express to boost Malaysia’s trade connectivity with China and Southeast Asia

Malaysia’s trade connectivity with Southeast Asia and China received a boost with the launch of the ASEAN Express, an international freight train connecting Malaysia to Thailand, Laos, and China.