Tag #Military Procurement

Showing 1 to 12 of 76 results

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Ukraine: $24M Embezzlement in Military Food Procurement

Ukraine's National Anti-Corruption Bureau (NABU) and the Specialized Anti-Corruption Prosecutor's Office (SAPO) concluded an investigation into a scheme embezzling over $24 million in military food procurement, involving inflated prices and a supplier who fled the country.

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kathimerini.gr
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Greece Approves Military Upgrades and Faces Budgetary Constraints

The Greek government approved the procurement of a fourth FDI frigate and upgrades for three existing ones, alongside a €600 million support package for Rafale fighter jets, raising budgetary concerns.

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28% Bias Score

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zeit.de
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Rheinmetall Acquires Lürssen's Naval Vessels Division

Germany's largest arms manufacturer, Rheinmetall, has agreed to purchase the naval shipbuilding division (NVL) of the Lürssen Group, expanding its marine capabilities and marking a significant development in the German defense industry.

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gr.euronews.com
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EU Mulls "Best-in-Class" Defense Procurement to Streamline Production

French President Macron and German Chancellor Scholz are discussing a proposal to prioritize a select few leading European weapons manufacturers to streamline the bloc's defense production amid fears of Russian aggression, aiming to increase efficiency and interoperability while potentially facing o...

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sueddeutsche.de
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Baden-Württemberg Firms Show Growing Interest in Defense Industry

Baden-Württemberg companies show a sharply rising interest in defense industry partnerships, with the IHK Bodensee-Oberschwaben seeing increased inquiries, although direct system supply is challenging; around 14,500 people worked in the sector in 2022, and an info event drew over 300 attendees.

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kathimerini.gr
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Greece Explores EU Loan for Fourth Frigate

Greece is considering using EU's SAFE loans to fund the procurement of a fourth FDI-type frigate, "Themistoklis", costing slightly less than €1.2 billion, to accelerate its acquisition and strengthen the Hellenic Navy.

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36% Bias Score

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dw.com
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Peru to acquire 12 subsonic aircraft and 24 fighter jets

The Peruvian government will purchase 12 subsonic aircraft for national airspace control and 24 fighter jets to modernize its air force, with the fighter jet tender to be announced in October 2025.

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52% Bias Score

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hu.euronews.com
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Denmark Prioritizes European Air Defense Systems

Denmark approved the purchase of European air defense systems, allocating 58 billion DKK to address its lack of medium-to-long-range air defense, prioritizing European alternatives over the American Patriot system for strategic, economic, and logistical reasons.

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12% Bias Score

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it.euronews.com
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EU Considers "Best Athlete" Model for Arms Procurement

France and Germany are pushing for a European Union "best athlete" model for defense procurement, prioritizing top arms producers to streamline production and reduce costs amid fears of Russian aggression, despite potential negative impacts on smaller national industries and geopolitical risks.

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theglobeandmail.com
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Canada's $150 Billion Defence Spending Plan: Economic Opportunities and Risks

Canada will increase its defense spending to 2 percent of GDP by next year and aims for 3.5 percent by 2035, a $150-billion annual investment driven by geopolitical threats and the potential for economic stimulus, although economists warn about potential risks.

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40% Bias Score

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kathimerini.gr
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Greece Wins €150 Million in ICC Ruling on Submarine Construction Dispute

The International Court of Arbitration (ICC) awarded Greece over €150 million, resolving a decade-long dispute over submarine construction delays. This victory follows a 2014 Greek government decision to assume direct oversight of the project, rectifying prior mismanagement and strengthening Greece'...

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dw.com
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Ukraine Arrests Four in Military Drone Procurement Corruption Scandal

Ukrainian authorities arrested four suspects, including a parliament member, for a scheme involving overpricing drone contracts for the military, allegedly diverting 30% of the funds as bribes.

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36% Bias Score

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Showing 1 to 12 of 76 results