Israeli military exports surged last year to $6.5 billion, a rise of 14 percent buoyed by increased defence budgets, the government said Wednesday. Total deals rose $800 million compared with 2015, making the second consecutive annual rise in Israel’s military exports. “The Israeli defence industries have won great prestige around the world, thanks to advanced … Read more
Worldwide arms trade has risen to its highest level since the Cold War in the last five years, driven by a demand from the Middle East and Asia, a study said Monday. Between 2012-2016, arms imports in terms of volume by countries in Asia and Oceania accounted for 43 percent of global imports, a 7.7 … Read more
Former president Jonathan to testify in $2.2b arms deals corruption case Former National Security Adviser (NSA) Sambo Dasuki, who is on trial for alleged mismanagement of $2.1billion arms funds, would like former President Goodluck Jonathan to be his witness, it was learnt yesterday. Dr. Jonathan has faulted the charges against Dasuki, claiming that the ex-NSA … Read more