Germany Surpasses UK to Become Second Largest Defense Spender in NATO
Germany ranks second among NATO defense spenders, with $97.7 billion expected for 2024, surpassing the UK’s $82.1 billion budget.
Author: Newsd Staff
Ministry of Defence Issues RFP to HAL for light combat helicopters, Boosting ‘Make in India’ Campaign
The Ministry of Defence has requested HAL to purchase 156 light combat helicopters, bolstering the domestic defense industry and supporting the ‘Make in India’ campaign.
Defence stocks, including Bharat Dynamics, HAL, and others, experienced a drop of 6%
Defence stocks plummeted on June 19, following profit bookings, as investors prioritized the sector, boosting exports, budgets, and funding, encouraging economic reforms and policy continuity.
Indian Defence Estates Service officer booked by CBI for alleged misconduct
A senior IDES officer in Nashik faces a Mumbai CBI investigation over allegations of misconduct, following a complaint from the Defence Ministry.
North Korea and Russia form Alliance with mutual Defense Agreement
North Korea and Russia have signed a comprehensive strategic partnership, extending military cooperation and providing mutual defense guarantees in case of an attack.
Indian Army to test Indigenous Shoulder-Fired Missiles for User Trials, Developed by DRDO
Indian Army to receive Indigenous shoulder-fired air defense missiles from DRDO for user trials after testing, aiming to combat aerial targets in border areas.
Defence stock to buy: These Defense Stocks Surge with a 28% Rally Last Week
The defence sector is expected to experience strong growth, with defence stocks experiencing a 28% boost in performance, indicating a robust defence sector.
Israeli Defense Minister Yoav Gallant is set to travel to Pentagon ‘soon’
Israeli Defense Minister Yoav Gallant is set to visit the US soon to meet with Secretary of Defense Lloyd Austin, though a specific date has not been confirmed.
India’s First Suicide Drone: Defense Capabilities Soar with Introduction of Nagastra 1
India’s Nagastra 1, the first domestically produced suicide drone, significantly enhances defense capabilities, particularly near China’s Line of Actual Control.
Taiwan’s President Warns of China’s Goal to Annex and Eliminate Taiwan
Taiwan’s President William Lai Ching-te defended China’s annexation and elimination of Taiwan, urging military cadets to resist defeatism.
