South Korea's defense ministry held a conference Wednesday with Australian government officials and defense experts in Canberra and discussed ways to expand bilateral cooperation in defense and boost ...

Porsche AG and Volkswagen AG’s owners are setting up a fund to make defense-industry investments, hoping to ride a surge in European military spending.Porsche Automobil Holding SE, the holding company ...

German Economy Minister Katherina Reiche on Friday called the country's arms industry an "essential component" of economic ...

Western defense companies are increasingly establishing new presences in Ukraine and working directly with Ukrainian ...

NATO is Buying Arms The report stated that NATO has more than doubled its arms imports, up 105 percent from 2015-2019 to 2020-2024.

Some are 3 d -printed in cavernous underground halls filled with hundreds of machines. Others are easy to import. In 2022 Ukraine’s arms industry produced $1bn-worth of weapons.

As defense concerns consolidated in the 1990s, the aerospace-defense industry workforce shriveled from 1.3 million in 1989 to 689,000 at the end of 2002 -- roughly the number employed in 1953 ...

The question of how to allocate the Pentagon’s orgy of weapons spending is complicated by the fact that there are now two powerful factions within the arms industry fighting over the department ...

BERN, March 11 (Reuters) - The Swiss arms industry is calling for looser curbs on the resale of its goods as weapons exports fell in 2024 for a second year, fuelling concern the neutral country is ...

The United States is the largest consumer market for firearms in the world, and partially as a result, guns and ammunition are a $90 billion industry domestically. Each state also has its own arms ...