• Philippines outlines modest increase in 2020 defence budget

    The Philippines has proposed a 2020 defence budget of PHP188.6 billion (USD3.6 billion), a 3% increase over the allocation in 2019. The budget, which was announced on 21 August, amounts to nearly 5% of total government expenditure during 2020 and is scheduled to be signed into law later this year.

  • China reiterates US sanctions threat

    China reiterated a threat on 21 August to sanction US companies involved in supplying military equipment to Taiwan. The warning came in response to a US government announcement one day earlier, approving the sale of 66 Lockheed Martin F-16C/D Block 70 aircraft to the island country that Beijing

  • Aselsan orders reach historical peak

    Aselsan ended the first half of 2019 with a record order book of USD10.2 billion, the Turkish military electronics company announced on 21 August. It also signed new contracts worth USD1.8 billion in the six months ended 30 June. Sales rose by 41% year over year in this period to TRY9 billion

  • Indonesia allocates USD8.9 billion to defence in 2020

    The Indonesian government has formally proposed a fiscal year (FY) 2020 defence budget of IDR127.4 trillion (USD8.9 billion). According to budgetary documents published by the Ministry of Finance (MoF), the defence budget represents a 16% increase over the 2019 allocation of IDR109.6 trillion. The

  • Rolls-Royce reviews civil nuclear businesses

    Rolls-Royce is assessing the future of its international civilian nuclear operations, amid media reports that it is negotiating two separate deals worth a combined total of about GBP200 million (USD242.52 million). The company is reportedly in discussions with a consortium led by France-based

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