The Indian government has approved the purchase of 97 new Tejas Mk 1A fighter jets, made in the country, in an investment of around $7.4 billion.
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Israeli company signs billion-dollar contract to supply defense systems to European country
The Israeli defense company Elbit Systems has signed a $1.635 billion contract to supply an unnamed European country with a wide range of military equipment.
Read MoreCzech Republic Signs Multi-Million Euro Deal to Maintain Leopard 2A4 Fleet and Recovery Vehicles
Ministerstvo obrany České republiky podepsalo dlouhodobou smlouvu se společností Rheinmetall Landsysteme GmbH na komplexní údržbu a technickou podporu hlavních bojových tanků Leopard 2A4 a obrněných vyprošťovacích vozidel Bergepanzer 3 Büffel.
Read MoreIndia suspends P-8 Poseidon purchase after tariffs increase cost by over 50%
India has decided to suspend the acquisition of six P-8 Poseidon anti-submarine patrol aircraft, manufactured by Boeing, after a significant increase in cost caused by tariffs imposed by the government of Donald Trump.
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