Defense Logistics Agency
Coverage of Defense Logistics Agency in the Nexus archive.
- Indonesia drops KF-21 co-production plans, eying stock warplanes instead
Indonesia has abandoned its co-production agreement with South Korea for the KF-21 Boramae fighter jets due to delayed payments and data theft allegations. The revised deal includes a reduced financial commitment of 600 million won and limited technology transfer, with Jakarta now prioritizing the purchase of ready-made jets instead of domestic production.
- 4 contractors indicted for wire fraud and money laundering connected to US Military parts
Four men are facing federal charges for allegedly selling fake military parts to the Defense Logistics Agency, resulting in wire fraud and money laundering indictments.
- Defense-driven demand powers surge in US listings by mining firms
A surge in U.S. stock market listings by mining firms, particularly Canadian and Australian companies, reflects growing defense-driven demand for critical minerals like tungsten, rare earths, and antimony. These firms are explicitly targeting military applications, securing Pentagon contracts and funding to reduce reliance on China's supply chains.