Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Military Industry Today.
US revokes visas of anti-Israeli military British rap duo Bob Vylan
MENAFN
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July 8, 2025
(MENAFN) The United States has canceled the visas of British punk-rap group Bob Vylan following their controversial set at the Glastonbury Festival, where frontman Bobby Vylan led chants deemed by many as antisemitic and inciting violence. Deputy...
Volatus Announces Non-Brokered LIFE Financing of up to $10,000,000
GlobeNewswire, Inc.
·
July 10, 2025
Not for distribution to United States newswire services or for dissemination in the United States. Use of proceeds includes expansion into the defense business segment of the Company, increase inventory of drone systems to fulfill increased demand...
[Latest] Global Hydrogen Technology TIC Market Size/Share Worth USD 18.4 Billion by 2034 at a 17.5% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)
GlobeNewswire, Inc.
·
July 8, 2025
Austin, TX, USA, July 08, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Hydrogen Technology TIC Market Size, Trends and Insights By Service Type (Testing, Inspection, Certification), By Testing Type...
The Bank of England fines Vocalink Limited £11,900,000 for a compliance failure
Bank of England
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July 9, 2025
News release The Bank of England (the “Bank”) has fined Vocalink Limited (“Vocalink”) £11,900,000 in respect of a compliance failure under section 196 of the Banking Act 2009 (the “Act”). This is the first time the Bank has fined a financial...
Epoxy Resin Market is expected to generate a revenue of USD 21.37 Billion by 2032, Globally, at 5.9% CAGR: Verified Market Research®
GlobeNewswire, Inc.
·
July 7, 2025
Lewes, Delaware, July 07, 2025 (GLOBE NEWSWIRE) -- The Global Epoxy Resin Market Size is projected to grow at a CAGR of 5.9% from 2026 to 2032, according to a new report published by Verified Market Research®. The report reveals that the market...
Indian army receives USD12 billion weapons boost
MENAFN
·
July 7, 2025
(MENAFN) India has authorized arms and ammunition purchases totaling $12 billion, with a strong emphasis on domestic sourcing, the Defense Ministry announced on Thursday. The decision, approved by the Defense Acquisition Council (DAC), is aimed at...
Turkish Company to Reveal Hybrid Wireless System
MENAFN
·
July 7, 2025
(MENAFN) Turkish enterprise Radio Teknoloji is set to present its advanced hybrid wireless system, Astradrive, during the International Defense Industry Fair (IDEF 2025), scheduled from July 22 to 27 at the Istanbul Expo Center. Specializing in...
China Calls Defense Cooperation with Pakistan "Normal"
MENAFN
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July 7, 2025
(MENAFN) China reaffirmed on Monday that its defense and military collaboration with Pakistan is “normal,” emphasizing the importance of maintaining regional peace in South Asia. During a live-streamed press briefing in Beijing, Foreign Ministry...
EU Countries Face Financial Risks if Defense Spending Rises
MENAFN
·
July 7, 2025
(MENAFN) European Union nations could encounter “increased debt levels and unsustainable finances” if they accelerate their defense expenditures too quickly, cautioned Danish Economy Minister Stephanie Lose. Both EU and NATO member states are...
Media reports India to speed up launch of military satellites
MENAFN
·
July 7, 2025
(MENAFN) India is expediting the deployment of 52 surveillance satellites to strengthen its space-based military capabilities, according to media reports on Monday. The first satellite is set to launch in April 2026, with the full constellation...
EU Worries Over Reliance on U.S. Military Tech
MENAFN
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July 7, 2025
(MENAFN) European Union leaders are increasingly uneasy about their dependence on U.S.-developed military systems, fearing that Washington might eventually withhold essential software updates for the equipment. This concern, highlighted in a...
Russia gives new stealth frigate to Indian Navy
MENAFN
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July 7, 2025
(MENAFN) Russia has handed over a new Krivak-class stealth frigate, named Tamal, to the Indian Navy, marking another step in the strengthening defense partnership between the two nations. The multi-role warship was commissioned in the Russian...
NATO Chief Warns of Russian Military Surge
MENAFN
·
July 7, 2025
(MENAFN) In an interview, NATO Secretary-General Mark Rutte raised concerns about Russia's rapidly increasing military production, cautioning that it is outpacing that of NATO by a considerable margin. He stressed that Russia is “reconstituting...
China Reaffirms Military Collaboration with Pakistan
MENAFN
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July 7, 2025
(MENAFN) China on Monday reaffirmed its defense and military collaboration with Pakistan, calling it routine and not aimed at any third party, while urging stability across South Asia. “China and Pakistan are traditional, good neighbors, and...
Iran Addresses Military Capacity to Strike Israel
MENAFN
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July 7, 2025
(MENAFN) An adviser to Iran's Islamic Revolutionary Guard Corps (IRGC) stated that the country retains the military strength necessary to carry out daily attacks on Israel for up to two years. This declaration was made on Monday, emphasizing...
Japan Detains Two U.S. Military Personnel
MENAFN
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July 7, 2025
(MENAFN) Over the weekend, Okinawa police detained two U.S. military personnel on suspicion of assaulting Japanese citizens, according to local media reports on Monday. On Saturday, authorities arrested Tomas Salazar, a 25-year-old airman from the...
SEALSQ Increased Its Quantum Investment Fund to Over $35 Million and Provides Update on Strategic Quantum Technology Convergence
GlobeNewswire, Inc.
·
July 7, 2025
Geneva, Switzerland, July 07, 2025 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES), a global leader in Post-Quantum and Quantum-resilient cybersecurity solutions, today announced its Quantum Investment Fund has been increased from $20 million to...
Honoring Veterans: Air Force Veteran James R. Nichols
U.S. Department of Veterans Affairs
·
July 4, 2025
James R. Nichols was born in Los Angeles, California, in February 1943. He played football at the prestigious U.S. Air Force Academy in Colorado, where he met his wife. Graduating from pilot training in 1966, he flew F-100, F-4 and F-16 fighter...
Russian defense minister acknowledges India as ‘exceptionally important’ partner
MENAFN
·
July 7, 2025
(MENAFN) Russian Defense Minister Andrey Belousov has emphasized the strong and strategic nature of Russia’s partnership with India, particularly in defense and military-technical collaboration. Speaking during a meeting with Indian Defense...
Ukrainian parliamentarian addresses corruption within military
MENAFN
·
July 7, 2025
(MENAFN) A Ukrainian parliamentarian has alleged that rampant corruption within the military is prompting soldiers to abandon their posts. Ukrainian MP Anna Skorokhod stated that widespread extortion and abuse of combat pay by commanding officers...