In its inauguration of the Kamra Aviation City initiative, Pakistan announced the development of a 5th-generation fighter and MALE UAV under “Project Azm”
For fiscal year 2016-2017, Pakistan reported that its defence exports grew to over $98 million U.S., a 55% increase from exports in 2006-2017 ($63 million)
Pakistan and Belarus have agreed to enhance bilateral defence and defence industry relations, especially in the realms of production and collaboration.
The Pakistani government has budgeted $8.7 billion U.S. for the armed forces in its 2017-2018 budget – an increase of $500 million (or 6%) to 2016-2017