From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Could South Korea become Iraq's leading arms supplier? In a significant boost to Iraq's ground-based air defenses, Baghdad expects to receive South Korean M-SAM-II missile systems, also known as KM-SAM, early next year. […]
By John Lee. Iraq's Defense Industries Commission (DIC) has announced plans to expand its domestic arms manufacturing capabilities in 2025, with a focus on mortars, field rocket launchers, and artillery systems. The Chairman of the DIC told state-run Iraqi News Agencey (INA) that the move is part of a broader strategy to reduce reliance on […]
By John Lee. During his to visit to Spain this week Prime Minister Mohammed S. Al-Sudani held discussions with representatives from Rheinmetall Expal, Indra, and Airbus. Rheinmetall Expal Munitions describes itself as, "a world-renowned ammunition and armament manufacturer specialised in artillery ammunition, mortar and medium calibre rounds as well as fuzes and rocket propulsion systems." […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq buys air defenses amid specter of regional missile war Amid the prospect of a major escalation of regional missile warfare, Iraq has inked a major deal with South Korea on a state […]
By John Lee. The Iraqi Ministry of Defense has signed a contract with a South Korean company to supply advanced medium-range air defense batteries. It said the new defense system will bolster Iraq's military capabilities, ensuring better protection of its airspace and contributing to regional stability. While the lengthy statement from the Ministry gave no […]
By John Lee. Iraqi news agency Basnews has reported that Iraq "urgently requested" eight missile defense systems from South Korea, valued at approximately $2.5 billion. It says the systems are the "M-SAM-II", or "Cheongung II", which it describes as a robust defense system against aircraft, cruise missiles, and ballistic missiles. More here. (Source: Basnews)
By John Lee. Prime Minister Mustafa al-Kadhimi, in his role as Commander-in-Chief of the Armed Forces, has been presented with the first pistol to be produced by Iraq's Defence Industries Commission (Military Industrialization Authority). The 'Babel' handgun was presented by the Commission's President, Mohamed Sahib Al Daraji, to the Prime Minister on the sidelines of […]
By Fehim Tastekin for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq seeks to attach strings to arms purchases from Turkey Talks on the sale of Turkish armed drones and combat helicopters to Iraq have hit snags amid Iraqi efforts to extract […]
By Al Monitor staff. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. US gives Iraqi Kurdistan Peshmerga $250 million worth of Humvees, Ammo The United States provided $250 million worth of military equipment to the Kurdistan Regional Government's peshmerga forces on Tuesday. Click […]
By John Lee. The South African Aerospace, Maritime and Defence Export Council (SAAMDEC) has reportedly been invited to engage with Iraqi government on defence and security contracts. Established in 2015 by the South African Department of Trade and Industry, SAAMDEC aims facilitate exports for the defence and related industries sector. Iraq is said to have […]
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Manufacturing small arms – State Company for Military Industries Manufacturing medium arms - State Company for Military Industries (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
The Iraqi government has denied concluding any deal with Russia to supply Baghdad with S-400 anti-aircraft missiles, but confirming Iraq’s right to import weaponry from any country in the world. “So far, Iraq has not concluded any deal with Russia to import the S-400 air defence system" government spokesman Saad al-Hadithi stated on February 26. […]
