Americas Business Emerging Markets Headlines International Morocco

Morocco strengthens defense capabilities with $260 million Javelin missile purchase

Morocco continues its military modernization drive with U.S. Defense Department’s approval for a $260 million acquisition of 612 FGM-148F Javelin anti-tank missiles and 200 portable launchers, reinforcing the kingdom’s defense capabilities amid regional security challenges. The U.S. Department of Defense authorized the transaction on May 31, 2025, following preliminary approval from the Defense Security Cooperation […]

Americas Business Headlines International Morocco

US State Department approves Morocco’s purchase request of 10 Air Missiles

The US State Department has approved a possible Foreign Military Sale to the Government of Morocco of ten AGM-84L Harpoon Block II Air Launched missiles and related equipment for an estimated cost of $62 million. The announcement was made by the Defense Security Cooperation Agency, which said it delivered the required certification notifying Congress of […]

Europe Headlines International Morocco

Morocco’s armament raises concern in Spain

The recent announcement of the acquisition of 25 F16 fighter jets by Morocco sparked some concern in Spanish media, which is now speaking of the North African Kingdom’s leveling the armament balance. Spain’s El Confidentiel published an article analyzing Morocco’s armament transactions following the recent $4 billion deal to acquire one of the mightiest fighter […]

Algeria Asia Editorials Headlines International Opinions

Russia refrains from supporting Bouteflika to secure long-term interest

Russia has surprisingly shied away from supporting the authoritarian status quo in Algeria as it seeks to secure its long term interest in the North African country, notably in terms of armament contracts. It was not a coincidence that Deputy Prime Minister Ramtane Lamamra paid his first international visit to white wash the regime to […]

Americas Business Headlines International Morocco

Morocco Spent $244 million on US Arms in 2016

Morocco remains the first market for US armament industry in North Africa, with sales amounting to $244 million in 2016. Moroccan media reports said that US weapons represent 96% of Moroccan weapon acquisitions in 2016 compared to 100% ($274 million) in 2015. Morocco, which earmarks 3% of its GDP to military expenditures, has an army […]

Algeria Headlines

Crisis-hit Algeria Earmarks 25% of its Budget to Defense

Despite announcing austerity measures to fend off an impending crisis, Algeria maintained its lavish spending on defense to which it earmarked 25% of its 2018 budget, that is equivalent to $10.4 billion. Whatever happens never reduce spending on arms. This seems the guiding principle of the military dominated Algerian state, which seems to turn a […]

Algeria Headlines

Cash-strapped Algeria Continues to Spend Lavishly on Defense, SIPRI

As it heeds straight towards the depletion of its oil-money coffers, Algeria imposed austerity measures, cutting subsidies and introducing taxes, while maintaining lavish spending on armament unchanged. Algeria spent $1.686 billion on defense that is a 0.4% increase compared to last year, Stockholm International Peace Research Institute (Sipri) said in its latest report on global […]