All articles tagged with #defense deal
Ukraine is moving towards a long-term industrial partnership with Sweden to purchase 100-150 Gripen E fighter jets from Saab, with deliveries potentially starting in 2026, as part of broader efforts to strengthen Ukraine's air defense and European security.
Sweden and Ukraine have signed a letter of intent to potentially supply up to 150 Gripen E fighter jets to Kyiv over the next 10-15 years, with initial deliveries expected in 2026, as part of Ukraine's efforts to strengthen its defense capabilities amid ongoing conflict with Russia.
Somalia has announced a defense deal with Turkey to bolster its sea assets, potentially aimed at countering Ethiopia's access to the sea through the breakaway region of Somaliland. This comes after Ethiopia signed a memorandum of understanding with Somaliland, sparking tensions as Somalia considers Somaliland part of its territory. The deal with Turkey includes training and equipment for the Somali navy to safeguard its territorial waters, and is seen as a move to counter foreign interference and bolster security.
Somalia has announced a defense deal with Turkey aimed at deterring Ethiopia's access to the sea through the breakaway region of Somaliland, following Ethiopia's memorandum of understanding with Somaliland to secure a naval port. The deal with Turkey includes support for Somalia's sea assets and involves training and equipment for the Somali navy to safeguard territorial waters from threats such as terrorism, piracy, and foreign interference. This move reflects the geopolitical competition for influence in the Horn of Africa region.
Germany and Israel have signed a historic $3.5 billion deal for Germany to acquire the Israeli-made Arrow 3 hypersonic missile system, which will enhance Europe's defense against air attacks. The deal marks the largest-ever military industry sale for Israel. Germany has been leading efforts to strengthen NATO's air defenses in Europe following Russia's invasion of Ukraine, and the Arrow 3 system will make German air defense ready for the future. The system, developed by Israel and the United States, offers protective cover for neighboring EU states and has been used by Israel to defend against attacks from Iran and Syria. The funds for the deal come from a 100-billion-euro fund unveiled by German Chancellor Olaf Scholz to bolster the country's defenses.
The US government has approved a historic $3.5 billion defense deal between Israel and Germany for the procurement of the Arrow 3 missile defense system, marking Israel's largest ever defense agreement. The Arrow 3 is a hypersonic missile system capable of intercepting a range of ballistic missiles in exo-atmospheric space, with a reported range of 1,500 miles and a 99 percent kill rate. The approval was necessary as the system was developed by Israel Aerospace Industries with significant US government support.
Germany has signed a €3.5 billion deal with Israel to purchase the advanced missile defense system, Arrow 3. The deal, which received US approval, strengthens the strategic relationship between Israel and the United States. The Arrow 3 is designed to intercept long-range ballistic missiles outside the atmosphere and could potentially be used to protect Germany and its neighboring countries. This is the largest-ever defense deal for Israel and may draw attention from Russia.
The US has approved Israel's request to sell the Arrow-3 missile system to Germany, paving the way for a $3.5 billion defense agreement. The Arrow-3 system, jointly developed by Israel and the US since 1986, is designed to intercept exo-atmospheric ballistic missiles. Senior officials from both countries will sign a letter of commitment worth $600 million, with a full contract to be signed once approved by their respective parliaments. Israel's Defense Minister called the approval a reflection of strong US-Israeli defense ties and said it would contribute to Israel's force buildup and economy.
Australian Prime Minister Anthony Albanese has announced a $1 billion defense deal with Germany, making it one of the largest defense sales in Australia's history. The deal involves supplying 100 Boxer heavy weapon carrier vehicles manufactured in Brisbane. Albanese's visit to Europe also includes meetings with Chancellor Olaf Scholz, as well as leaders from New Zealand, Japan, and South Korea, to discuss manufacturing, clean energy, security in the Indo-Pacific region, and the war in Ukraine. Former Prime Minister Paul Keating criticizes NATO's plans to open a liaison office in Tokyo, arguing that Europe's militarism should not be exported to Asia.
The US is urging India to finalize a deal for dozens of armed drones worth $2-3 billion ahead of Prime Minister Narendra Modi's visit to Washington on June 22. The US is counting on Modi's visit to break the bureaucratic logjam that has hampered the deal for years. The US has asked India to show progress on the deal for MQ-9B SeaGuardian drones made by General Atomics. The US President Joe Biden has made deepening ties with India a cornerstone of his policy to counter China's growing influence.
Israel signed a $400 million defense deal with Greece to provide it with Spike anti-tank missiles made by Israeli state-run defense firm Rafael. The missiles can be launched from around 45 different platforms, on land, in the air, and at sea. The deal emphasizes the strong partnership between the two countries and their mutual commitment to ensuring regional stability.