Finland, India to strengthen defence cooperation
The Indian and Finnish ministries of defence have signed a Memorandum of Understanding (MoU) to further defence cooperation between the two nations.
The MoU covers defence industrial cooperation in the areas of production, procurement, research and development of defence related equipment and industrial cooperation, with a focus on India’s Make in India goals.
A draft MoU between the two countries in the field of defence cooperation had been under discussion since DefExpo 2018 and has now been formalised in the run up to DefExpo 2020.
More from Defence Notes
-
Rheinmetall reports “boom” as results hit new records with orders for vehicles, ammunition and weapons
Rheinmetall is riding high as Europe scrambles to boost its defence forces and replenish spent stockpiles sent to Ukraine.
-
Leonardo projects €30 billion in revenue by 2029
The forecast came as the Italian firm presented its new 2025–29 industrial plan to analysts, with its future figures bolstered by the European increase in defence spending.
-
What does the US decision to pause Ukraine support mean for the war and the stock markets?
NATO and other Western countries had been singing from the same song sheet since the full-scale invasion of Ukraine by Russia three years ago but the alliance has been weakened as the new US administration under President Donald Trump pauses military aid to Ukraine.
-
Ireland begins work on buying fighter jets and doubling the naval fleet
Since the release of Ireland’s Commission on the Defence Forces (CoDF) report two years ago there have been whisperings about the potential of Ireland buying fighter jets, one of the most ambitious recommendations. The prospect has now inched closer.
-
UK defence budget increased to 2.5% by 2027 as geopolitical landscape darkens
UK Prime Minister Keir Starmer raises defence spending, while both NATO and President Trump demand significant further increases.