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Reuters

Israel to Stagger Purchase of F-35 Fighter Jets
2014-12-03 Read More...
Israel will stagger the purchase of its second batch of 31 U.S.-made F-35 fighter jets over the next three years, an Israeli defense official said on Sunday after budget wrangling among Prime Minister Benjamin Netanyahu's top cabinet colleagues.

Airbus Slashes Stake in Dassault Aviation by 8%
2014-12-01 Read More...
Airbus Group sold 8% of Dassault Aviation back to the French planemaker in a deal worth €794 million ($989 million) Friday, the first step towards unwinding an awkward 16-year-old link to its defence market rival.

U.S. Secretary of Defense Steps Down
2014-11-25 Read More...
U.S. Secretary of Defense Chuck Hagel stepped down on Monday, after criticism of the campaigns in Afghanistan and against the Islamic State of Iraq and Syria (ISIS) militant group.

Kuwait Airways to Buy 10 Boeing 777-300ER Aircraft
2014-11-24 Read More...
Kuwait Airways has agreed to buy 10 widebody 777-300ER passenger aircraft from manufacturer Boeing to upgrade its fleet, the airline's Chairwoman said on Thursday.

Gulf Carriers Secure Funds for 16 Boeing, Airbus Aircraft
2014-11-24 Read More...
Gulf-based airlines have closed financing agreements for a total of 16 Boeing and Airbus aircraft, according to statements from the carriers and banks involved.

Qatar Airways to Receive 1st Airbus A350 by Mid-December
2014-11-20 Read More...
European planemaker Airbus aims to deliver the first A350 jetliner to launch customer Qatar Airways by mid-December, the airline said on Tuesday.

Saudi Arabia, UAE, Bahrain End 8-Months Rift with Qatar
2014-11-18 Read More...
Saudi Arabia, the United Arab Emirates (UAE) and Bahrain agreed on Sunday to return their Ambassadors to Qatar, signalling an end to an eight-month rift over Doha's support for Islamist groups.

France, Lebanon Sign $3 Billion Saudi-Funded Arms Deal
2014-11-06 Read More...
France and Lebanon signed on Tuesday a Saudi-funded deal worth $3 billion to provide French weapons and military equipment to the Lebanese army to help it fight jihadis encroaching from neighboring

Lowest Bidders Named for Kuwait’s $4.78b Airport Deal
2014-11-06 Read More...
A consortium of Kuwait's Kharafi National and Turkey's Limak Holding have submitted the lowest bid for a KD1.386 billion ($4.78 billion) contract to build a new terminal at Kuwait's international airport, the tender committee said in a statement.

Egypt Considering Bigger Role for Military Courts
2014-10-28 Read More...
Egypt is considering expanding the jurisdiction of military courts and displacing thousands of residents to enlarge a military buffer zone near the border with the Gaza Strip following an attack on Security Forces in the area.

Kuwait's ALAFCO to Spend $600 Million on New Aircraft
2014-10-28 Read More...
Kuwait's Aviation Lease & Finance Company (ALAFCO), a unit of Kuwait Finance House (KFH) , plans to spend about $600 million buying 15 new aircraft over the next two years to cover a gap before it receives already-ordered planes in 2017, the

Turkey Approves U.S. Use of Airbases to Fight ISIS
2014-10-14 Read More...
Turkey has granted the United States access to its airbases for the campaign against the Islamic State of Iraq and Syria (ISIS), including the Incirlik airfield in the country’s south, a senior U.S. defense official said, according to Agence

Raytheon Eyes Patriot Missile Sale to Qatar Before Year-End
2014-10-10 Read More...
Raytheon Co. expects Qatar and the US government to complete a long-awaited multibillion-dollar agreement on a "significant" number of Patriot missile defense systems before year end, a senior company official told Reuters on Tuesday.

Egypt to Train Libyan Forces to Fight Terrorism
2014-10-10 Read More...
Egypt will train Libyan Forces to fight terrorism and help secure a shared border, the Prime Ministers of the two states announced in Cairo on Wednesday.

France to Supply Saudi-Financed Arms to Lebanon Soon
2014-10-09 Read More...
Lebanon’s Army will soon receive military equipment as part of a $1 billion grant from Saudi Arabia to help it fight Islamist militants encroaching into Lebanon from Syria, former Prime Minister Saad al-Hariri said on Tuesday.

BAE Systems, Babcock Win $5.2bn UK Naval Contracts
2014-10-07 Read More...
BAE Systems and Babcock International have won contracts worth a total of 3.2 billion pounds ($5.2 billion) to maintain British warships, submarines and naval bases for the next five years.

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