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05/12/2023

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UK MoD's 'Unaffordable' Equipment Plan is £17 Billion Over Budget: NAO

LONDON --- The Ministry of Defence’s (MOD) Equipment Plan (the Plan) for the next decade is unaffordable and it is facing the largest budget deficit...

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South Korea Approves $8.8 Billion Defense Procurement Programs US Running Out of Money to Fund Ukraine War, Budget Office Says Kongsberg Wins $1.6 Billion Contract to Support Norwegian Frigates US Approves $582 Million to Upgrade Saudi RE-3A Reconnaissance Aircraft Boeing Out of Running to Build New Air Force 'Doomsday Plane'African Nations Buy Over 30% of Russian 2023 Arms Exports: Tass South Korea's Hanwha Details Latest Polish Artillery Order Diehl Defence Announces €600 Million Latvian Order for IRIS-T SLM Saab Wins Swedish Order to Study Future Underwater Capabilities Australian Industry Proposes Strategy for Sovereign Defence Capability US Approves $85 Million Sale of Man-Portable Radars to United Arab Emirates Oshkosh to Build JLTVs for Israeli Defense Forces Project Zeus for Test and Evaluation of Autonomous Systems Finnish Defence Forces Train for Undersea Infrastructure Protection with Finnish Border Guard, United Kingdom and Estonia Australian Artillery Tests its New AS9 Huntsman Self-Propelled Howitzer

Official Reports

Developing Australia’s Defence Industrial Base UK MoD Equipment Plan is 'Unaffordable': National Audit Office UK MoD Equipment Plan Delayed for Affordability Update

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