May 2018 Global Defence & Security Industry - Military News

 
 
 
 

 

 

 

Switzerland’s defence spending is estimated to reach $6.5bn in 2023, registering a compound annual growth rate (CAGR) of 4.67% between 2019 and 2023 according to a report by Strategic Defence Intelligence (SDI).

The advanced ‘Korsar’ fixed-wing unmanned aerial system will be upgraded, the press office of Russia’s Rostec state hi-tech corporation said. In particular, the system will receive electronic warfare systems and its range will be extended, the press office added.

Getting troops and their gear quickly to the fight, which likely will be thousands of miles from a home station, is an urgent readiness requirement, said Lt. Gen. Aundre F. Piggee to David Vergun, Army News Service. “The luxury of days of buildup at a tactical assembly area are long gone”, he said. Adversaries know that playbook and will do their utmost to deny access.

Cubic Corporation announced on 7 May that its Cubic Global Defense (CGD) business division, in partnership with Federal Resources, was awarded a contract worth more than $6 million to supply the United States Air National Guard (ANG) with 95 PRISim Suite PortableTrainer systems that include recoil and less-lethal training weapons and devices.

As a continuation of the implementation of the Algerian economic recovery program aimed at revitalizing the national industry and limiting the foreign dependence of the national economy, and in accordance with the instructions given by Lieutenant General, Deputy Minister of Defense National, Chief of Staff of the National People's Army, 409 multi-purpose 4x4 vehicles were delivered in different versions: troop transport, vehicles for the scientific and intervention police, transportation of schoolchildren and medical and sanitary ambulances.

On Monday 7 May, South Korea and China held their first working-level defense talks in over two years in Seoul to discuss inter-Korean ties, regional security issues and future bilateral cooperation. The current improvement in the relations between both Koreas and between the USA and North Korea opens new hopes.

The Indian Defence Ministry has ordered expeditious clearance of pending proposals for acquisition of arms and ammunition for the Indian Army. Following scathing criticism by a parliamentary panel, the Defence Ministry is “taking action over many critical acquisitions for the army, including bullet-proof jackets and latest weapons,” said official sources.

Most of the weapons used by the Russian military in Syria will be displayed during the forthcoming Victory Day Parade, the Russian Ministry of Defense stated on Sunday 6 May: “All the presented weapons systems are in service with the Russian army or are in trial operation, most of the novelties have been tested in Syria,” the Defense Ministry said.

On May 24, 2018, Renault Trucks Defense (RTD) will celebrate its new name: Arquus, which means "bow" in Latin. This name will cover all the activities of the manufacturer of armored vehicles. The historical supplier of the French army has eight production sites in the country.

A major air defense deal with India propped up defense exports to $9.2 billion in 2017. 31% of sales were missiles and missile defense systems. The drone sales decreased last year. Asia-Pacific nations are the lead buyers.

As underlined for a couple of days, the Christian Democratic Union (CDU) has publicly reiterated calls to increase German defense spending until 2021 in an escalating governing coalition dispute with the German Social Democrats (SPD) on Thursday. The 2% target of the GDP set by NATO is far from reach.

Russian Defense Ministry will receive 40 Orlan-10 unmanned aerial vehicles (UAV) in May of this year, according to the official Vkontakte page of the government entity. "In St Petersburg technical acceptance began of Orlan-10 unmanned aerial vehicles. Under the current state defense order the manufacturer will hand over in May 40 aerial systems to the Russian Defense Ministry’s military units," the report says.

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