The stock of the largest U.S. defense contractor, Lockheed Martin, has been downgraded from “buy” to “hold” by Deutsche Bank, with its share price target reduced from $611 to $523.
Serbia has become the first European nation to operate and activate a Chinese-made air defense system in the region, successfully integrating its FK-3 system (the export variant of the…
Iran has reportedly delivered Fath-360 short-range ballistic missiles and the Arman air defense system to Russia to support its military campaign against Ukraine.
As part of its air force modernization program, Poland is considering acquiring the Korean GPS Guided Bomb (KGGB) for its fighter jets, particularly the FA-50PL, which is expected to enter…
Türkiye has officially commenced construction of its first national aircraft carrier, known as MUGEM (Milli Uçak Gemisi), with the steel-cutting ceremony taking place at Istanbul Shipyard.
A group of Filipino fishermen discovered an underwater drone believed to belong to China in the central waters of the country, near San Pascual in Masbate province, according to local…
Azerbaijan's Air Force JF-17 "Thunder" Block 3 fighter jets are reportedly set to be equipped with Gokdogan BVRAAM and Bozdogan WVRAAM air-to-air missiles produced by Turkey's defense…