A new report from the Stockholm International Peace Research Institute says military spending worldwide in 2015 posted a year-to-year increase for the first time since 2011 at a rate of 1 percent to $1.7 trillion total. SIPRI said Tuesday the figure reflects a rise in spending in Eastern and Central Europe, Asia and …
Read More »Paul Oliver: Boeing in Talks with Egypt, Kuwait Over Potential Military Aircraft Procurements
Paul Oliver, a vice president at the defense, space and security business of Boeing, says Egypt could finalize an order for company-built Apache attack helicopters and associated support services in 2016, Bloomberg reported Saturday. He also told reporters Saturday that Boeing and Kuwait are close to signing a deal on F/A-18 …
Read More »