Taiwan plans upgrade to Navy destroyers

TAIPEI (Taiwan News) – Taiwan will spend at least NT$1.99 billion (US$64.4 million) on upgrades to the electronics system of the Navy’s four Kidd-class destroyers, according to the Ministr...

Taiwan earns money off Korean fighter jet purchase

TAIPEI (Taiwan News) — South Korea’s recent purchase of F-16V fighter jets will put money into American and Taiwanese pockets. Taiwan and the United States were the initial investors of...

Greek court upholds ex-defense minister's bribery conviction

ATHENS, Greece (AP) — A Greek appeals court has upheld the conviction of a former defense minister on money laundering charges linked to bribes for major arms procurement contracts, mostly in the late...

Putin: Russia doesn't want to enter arms race

MOSCOW (AP) -- President Vladimir Putin says Russia's military modernization program doesn't mean that the nation intends to engage in an arms race.Speaking during Wednesday's meeting with arms indust...

Russia steps up military modernization _ but at what cost?

NIZHNY TAGIL, Russia (AP) -- It has a remote-controlled turret, it bristles with state-of-the-art defense systems and its computerized controls make driving it "feel like a video game." Russia's Armat...