Latvia to increase defense budget in 2018

“Security is not cheap. Otherwise the price is the entire country,” Latvian Defense Minister Raimonds Bergmanis said. On February 15, as part of a meeting of NATO defense ministers in Brussels, Bergmanis took part in a meeting of the North Atlantic Council. The meeting discussed the realization of decision made at the NATO Summit in…

Ukraine: Ukroboronprom boosts arms exports in 2016

Exports of arms and dual- and special-purpose products by state-run Ukroboronprom Concern in 2016 grew by 25% YoY, to $756 million. These figures were announced by Ukroboronprom Deputy Director Denys Hurak at a forum on cooperation between the defense industry and small and medium-sized businesses. The concern’s state-run enterprises concluded contracts on arms exports last…

Kazakhstan: Russia to supply attack helicopters

Russian Helicopters Holding will supply four Mi-35M attack helicopters to Kazakh Defense Ministry in 2018, the holding reported. The supply contract was signed within the implementation of the Treaty on military-technical cooperation between Russia and Kazakhstan and envisages payments in Russian rubles. The multirole Mi-35M helicopter is a comprehensive modernization of the Mi-24V and has…