Monday, July 16, 2018
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International News

Turkey signs deal with Pakistan on sale of 30 attack helicopters

A T129 helicopter.Turkey and Pakistan have signed an agreement on the sale of 30 Turkish T129 attack helicopters in what will be the biggest export deal of the Turkish defence industry, the country’s defence industry directorate said on Friday.

   

French defense exports fell by over a half in 2017

A Gowind corvette.In a year in which France faced elections and many of its lucrative markets suffered from economic slowdowns the level of global orders for French armaments dipped significantly in 2017. The total of orders booked in 2017 fell to €6.9 billion from €13.9 billion the year before, representing a decline of just over 50 percent.
   

Western Balkan countries arms exports

Balkans arms exportsWestern Balkan countries led by Serbia exported over 500 million euros worth of weapons, ammunition and equipment in 2016, with Saudi Arabia the single largest buyer, a UN-appointed watchdog said.
   

Boeing swallows Embraer commercial arm in joint venture

Boeing and Embraer are forming a new company.Boeing will take over the $4.75 billion commercial aircraft arm of Brazilian planemaker Embraer SA as part of a new company to be controlled by the U.S. firm, the companies said on Thursday.

   

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