The Ukrainian government is investing in its military industry to boost homemade ammunition and weapons amid conflict with Russia.
military
Singapore plans to acquire eight Lockheed Martin Corp. F-35A fighter planes for its defense, accelerating the country's procurement of advanced military aircraft amid tensions in the region.
The Thai Air Force plans to petition the state budget for 19 billion baht ($538 million) to buy new fighter jets to replace its old fleet.
The Security Service of Ukraine identified a $40 million corruption plot involving the Ukrainian military's arms purchase.
As foreign aid starts to dry up, a top Ukrainian commander said Ukraine had to downsize its military operations in the war with Russia.
After the talks between China and the United States have been completed, the underwater drone seized by a Chinese naval ship in South China Sea will be returned to the U.S.
The European Union revealed its plan to invest EUR 5 billion for a common defense fund. The funding will strengthen the continent’s military capabilities and let the governments invest on military research.
Recent statements and reports acknowledged that China is closing its technology gap with the United States, especially in air forces. Chinese governments have been using resources to support modernization on the military. However, the pilots' ability between the two countries is still facing a huge gap due to experience and training program.
In honor of Veterans' Day and in extending gratitude to military veterans Starbucks announced that it is offering free tuition to spouse or one child of an employee-veteran working at Starbucks.
Boeing Co (BA.N) on Friday welcomed a decision by Japan to buy V-22 Osprey tilt-rotor aircraft that it builds together with Bell Helicopter, a unit of Textron Inc (TXT.N).
Subscribe to VCpost newsletter
Most Popular
- Former CEO Shoots Himself to Commit Suicide After Receiving $25 Million Record-Breaking Fine for Fraud at Steinhoff
- Xi Jinping Warns Dutch PM That 'No Force' Can Stop China's Technological Advancement Amid Export Restrictions
- Disney Investor Nelson Peltz Criticizes the Company’s 'Woke' Strategy, Questioning 'Black Panther' and 'The Marvels' Films
- Social Security Benefits to Increase for Some Seniors After Addressing Overpayment Issues
- Major AI Companies Unite to Create the World's First Artificial Superintelligence Alliance Worth $7.6 Billion
- Businessman Brutally Murdered Allegedly by 4 of His Workers Who Swung an Axe Into His Head
- North Korea Refuses Peace Talk With Japan Unless They Confront Their 'Brutal' History; Business Relations at Risk
- Hunter Biden Asks Court to Junk $1.4 Million Tax Evasion Case as Politically Motivated, But Judge Appears Skeptical