Tag: procurement

Ukraine says it uncovers mass fraud in weapons procurement

(Reuters) – Ukraine’s SBU security service said on Saturday it had uncovered a corruption scheme in the purchase of arms by the country’s military totalling the equivalent of about $40 million. The announcement of mass procurement fraud, confirmed by Ukraine’s Defence Ministry, will have a huge resonance in a country beleaguered by Russia’s nearly two-year-old […]

NATO announces “major investment” in 155-mm ammo procurement

Next Tuesday, 23 January, Jens Stoltenberg, the NATO Secretary General, and Stacy Cummings, General Manager of the NATO Support and Procurement Agency (NSPA), will sign a contract for the purchase of 155-mm artillery ammunition. Source: European Pravda Details: NATO announced on 19 January that the planned agreement is “a major new investment in artillery ammunition”. […]