Tag #Defense Procurement

Showing 1 to 12 of 16 results

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FCAS Project Delayed Amidst Franco-German Dispute

A €100 billion European military project, the Future Combat Air System (FCAS), faces delays due to disagreements between Dassault (France) and Airbus (Germany, Spain) over aircraft development and production, prompting a meeting between French President Macron and German Chancellor Scholz to address...

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48% Bias Score

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welt.de
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Rheinmetall's Growth Slows Amidst Delayed German Contracts, but Record Backlog Remains

Delayed German government contracts after spring elections slowed order intake for Rheinmetall, Germany's largest arms manufacturer, in Q2, causing a 77 percent drop in nominations to €2.6 billion; however, the company maintains a record backlog of €63.2 billion and continues its global expansion.

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euronews.com
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Europe's Defense Vulnerability: Heavy Reliance on US Arms Despite Spending Increase

A Bruegel report reveals Europe's vulnerable defense posture, heavily reliant on US arms imports despite a recent increase from €3.1 billion (2019–2021) to €7.9 billion (2022–2024), with critical shortfalls in main battle tanks and air defense systems, highlighting the need for increased R&D investm...

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bbc.com
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US Rejects Vietnam's Tariff Offer Amid Concerns About China

The US rejected Vietnam's offer to eliminate tariffs on US imports, citing concerns about non-tariff barriers and China's role. Vietnam pledged to increase US goods purchases, including defense and security products, while facing potential economic consequences from the new tariffs.

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theguardian.com
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Doge's Pentagon Cuts Ignore Billions in Actual Waste

The Department of Government Efficiency (Doge) announced $80 million in Pentagon budget cuts, focusing on diversity and research, while ignoring larger areas of waste such as the costly F-35 program, unchecked contractor spending, and the Pentagon's consistent audit failures.

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dw.com
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India Awards $5.2 Billion Submarine Contract to German-Indian Consortium

Thyssenkrupp Marine Systems (TKMS) and Mazagon Dock Shipbuilders (MDS) won a $5.2 billion USD contract to build six advanced submarines for the Indian Navy, a deal approved by the Indian Ministry of Defence, highlighting increased defense cooperation between Germany and India amid India's naval mode...

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Industry, Innovation, and Infrastructure
elpais.com
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Spain's Defense Budget Increase Highlights Industrial Capacity Limits

Spain's defense budget is rising from €20 billion to €32 billion annually, but its domestic industry struggles to absorb the additional €6 billion in investment, potentially leading to greater reliance on foreign military imports.

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Industry, Innovation, and Infrastructure
t24.com.tr
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Swiss F-35 Deal: 1 Billion Franc Cost Overrun Sparks National Scandal

Switzerland's purchase of 36 F-35 fighter jets faces a national scandal due to a 1 billion Swiss franc cost overrun beyond the initial 6 billion Swiss franc agreement, sparking accusations of deception and lack of transparency in the procurement process.

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dw.com
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Ukraine Seeks Extradition of Former Official Arrested in Spain on Corruption Charges

Spanish authorities arrested former Ukrainian NSDC official Oleg Gladkovsky on May 14, 2025, on charges of organizing a scheme to purchase military trucks at inflated prices, resulting in over 17.44 million hryvnias in state losses; Ukraine is seeking his extradition.

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elpais.com
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EU to Boost Defense Spending: Challenges and Risks

The EU proposes a major increase in defense spending to bolster support for Ukraine and reduce reliance on the US, but faces challenges in efficient resource allocation and potential negative impacts on social programs.

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52% Bias Score

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arabic.euronews.com
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EU to Streamline Defense Market by 2025

The European Commission plans to introduce a comprehensive defense simplification package by June 2025, aiming to streamline the EU defense market, boost production, and integrate the Ukrainian defense industry, potentially expanding the EU's Defence Innovation Hub in Kyiv.

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dw.com
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Ukraine's Defense Ministry Removes ADPO Head Amidst Procurement Concerns

Ukraine's Ministry of Defense dismissed Marina Bezrukova from her post as head of the State Agency for Defense Procurement (ADPO) due to unmet 2024 contracts for critical munitions, over-reliance on two intermediary companies for foreign ammunition, and flawed internal procedures, yet asserts that w...

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Showing 1 to 12 of 16 results