BAE Systems

Eurofighter's CEO has stated that Germany blocked Türkiye's attempt to acquire dozens of the German fighter jets.

Ankara sought to procure up to 50 aircraft, but these attempts were thwarted by Germany, Giancarlo Mezzanatto stated during a press briefing at the Farnborough International Airshow in the U.K. on July 28.

US military assistance to Greece, part of the so-called Blinken package, has hit a roadblock, as reported on Monday, with the Hellenic Armed Forces refusing to accept most of the offered weapon systems from US stockpiles due to high refurbishment costs.

Japan is expected to discuss cooperating on technology with the AUKUS defense grouping at a summit in Washington next month, according to comments from a high-ranking U.S. diplomat published in Japanese media on Friday.

Turkey's KAAN, its first national combat aircraft, completed its first flight on Wednesday, part of the country's efforts to upgrade its air force.

NATO member Turkey launched its TF-X project to produce a national combat aircraft in 2016. Turkish aerospace firm TUSAS signed a deal with Britain's BAE Systems worth $125 million in 2017 to develop the next-generation fighter jet.

Turkey has requested permission from the US to co-produce GE Aerospace engines used in F-16 jets, with an aim to deploy them in the TAI Kaan, its own domestically produced fighter plane, Bloomberg has reported.

British military equipment maker BAE Systems yesterday announced a 57 percent jump in net profits for the first half of this year as government defense spending increases amid the war in Ukraine.

Profit after tax increased to 965 million pounds ($1.2 billion) in the six months to the end of June compared with 615 million pounds in the first half of last year, BAE said in a statement.

The world's biggest weapons manufacturers largely avoided the economic downturn caused by COVID-19 and recorded a growth in profits last year for the sixth year in a row, according to a report published on Dec. 6.

Turkey's top defense company Aselsan has been placed 48th in Defense News Top 100 list for 2020 with $2.2 billion in revenues.

The prestigious American magazine compiles the list in accordance with companies' annual defense revenues.

Aselsan increased its defense revenues by 2 percent year-on-year in 2020, according to Defense News.

UK's biggest ship in history - the new £ 3.1 billion aircraft carrier 'Queen Elizabeth' is leaking and needs repair, UK military ministry reported.

Britain's defense secretary made a strong push on July 26 to build Australia's next fleet of warships, saying the frigates he proposes are best placed to hunt "Russian and Chinese submarines" amid regional tensions.