The number of open licences for weapons given to Saudi Arabia has increased considerably since Theresa May became Prime Minister, according to government figures analysed by Sky News. ... Between July 2016 and September 2017, 50 open licences have been issued - compared with the 32 issued in the 15 months before Mrs May entered … Continue reading The number of ‘secretive’ deals to sell arms to Saudi Arabia has increased considerably since Theresa May became Prime Minister
Airbus criticized Germany for not spending more on defense and their tougher stance on arm sales
A coalition deal between German Chancellor Angela Merkel and the center-left Social Democrats (SPD), which must still be ratified by the SPD, has pledged an immediate ban on arms sales to countries involved in the war in Yemen and a tougher approach to arms sales in general. "If additional restrictions are imposed, we would have … Continue reading Airbus criticized Germany for not spending more on defense and their tougher stance on arm sales
Angela Merkel’s government set new records for selling weapons
Germany's current government has approved massive arms exports to countries in conflict areas, according to a new report. The CDU-SPD cabinet also set new records for selling weapons, despite pledges to reduce it. Angela Merkel's government has approved over €25.1 billion ($30.9 billion) worth of weapons sales since taking power in 2014. This puts the … Continue reading Angela Merkel’s government set new records for selling weapons
Lockheed expects profits to increase in 2018
Lockheed Martin Corp. expects profit to surge this year, even if sales don’t, as the company benefits from U.S. tax cuts and higher deliveries of its F-35 Lightning II fighter jet. Lockheed Sees 2018 Profit Gain on Tax Cut, F-35 Fighter Jet https://www.bloomberg.com/news/articles/2018-01-29/lockheed-forecasts-profit-surge-from-tax-cut-f-35-fighter-sales
Britain significantly increases arms exports to repressive regimes since Brexit vote
Britain has dramatically increased the value of weaponry and defence equipment it sells to the world’s most repressive regimes since vows by senior ministers to expand arms exports after the Brexit vote. Figures seen by i show that the Government cleared export licences worth £2.9bn in the 12 months after June 2016 to 35 countries … Continue reading Britain significantly increases arms exports to repressive regimes since Brexit vote
