Germany sells fifth nuclear submarine to Israel

Germany’s Federal Security Council has approved the export of a fifth submarine to Israel.

It’s the penultimate submarine promised to Israel by German Chancellor Angela Merkel and will be handed over by the company Thyssen Krupp.

Süddeutsche Zeitung newspaper revealed … Read the rest

China producing arms at a faster clip than West

China has surpassed Germany to become the world’s third largest arms exporter, a Stockholm-based think tank said in a report on Monday.

China’s military spending has seen double-digit growth for decades, and Beijing has poured funds into modernizing its armed … Read the rest

European arms manufacturers seek cooperation with Russia

Europe’s weapons manufacturers are interested in closely cooperating with Russia, including in the naval defense sphere, a senior Rosoboronexport official said on Monday ahead of the opening of the Euronaval 2014 international exhibition in Paris.

Deputy Director General Sergey Ladygin, … Read the rest