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December 20, 2024
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Missile and Missile Defense
Financial Announcements, Procurement & Contracts

Standard Missiles at Sea: Raytheon’s SM-1 to SM-6 Legacy and Future

Raytheon has been awarded a $24.5 million contract modification by the U.S. Navy. This contract is specifically for the procurement of components to address “Megatron obsolescence” in support of...

December 20, 2024
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Land Platforms
Financial Announcements, Procurement & Contracts

Lithuania Buys Leopard 2A8 Tanks

Lithuania’s Defence Materiel Agency (DMA), operating under the Ministry of National Defence, has finalized a significant EUR 950 million contract with Germany’s Federal Office of Bundeswehr Equipment, Information Technology,...

December 20, 2024
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Land Platforms
Financial Announcements, Procurement & Contracts

Rheinmetall and KNDS Secure Contract to Deliver Digital Radio Equipment for 10,000 Bundeswehr Platforms

The ArGe D-LBO (Working Group for the Digitalization of Land-Based Operations), a joint venture between KNDS Deutschland and Rheinmetall, has been awarded a significant EUR 1.98 billion contract by...

December 20, 2024
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Land Platforms
Procurement & Contracts

KNDS supplies Lithuania with its LEOPARD 2 A8 main battle tanks.

KNDS Deutschland has signed a contract with the Lithuanian Defence Materiel Agency for the supply of 44 LEOPARD 2 A8 tanks to the Lithuanian Army. Lithuania becomes the 23rd...

December 19, 2024
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Air Platforms
Financial Announcements, Procurement & Contracts

Lifting the Future: The CH-53K and the Marines’ Heavy Lift Overhaul

Sikorsky Aircraft has been awarded three U.S. Navy contracts totaling $320.2 million to bolster the CH-53K helicopter program. The largest of these, valued at $175.7 million, is for the...

Three Malaysian Ada Corvettes Start Manufacturing at STM

As part of an agreement inked in June, Turkish shipbuilder STM has begun cutting the steel for three Ada-class corvettes for the Royal Malaysian Navy.The ceremony, which took place...

December 18, 2024
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Unmanned Systems
New Product Launches

EEL Opens India’s Largest Private Drone Test Facility in Nagpur

Nagpur-based Economic Explosives Ltd (EEL) has significantly boosted India’s indigenous unmanned aerial vehicle (UAV) capabilities by establishing the largest private-sector runway and testing facility for long-range drones in the...

December 18, 2024
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Air Platforms
Financial Announcements, Procurement & Contracts

Super Hornet MYP-III Contract Finalized

Lockheed Martin has been awarded a $33.8 million contract modification by the U.S. Navy. This contract is for the supply of four test controller processors and ten infrared receivers...

December 18, 2024
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Air Platforms
Procurement & Contracts

IAF Seeks 97 More Tejas Mark-IA Jets from HAL

The Indian Air Force (IAF) has formally requested an additional 97 Tejas Mark-IA fighter jets from Hindustan Aeronautics Limited (HAL), following preliminary approval from the Defence Acquisition Council (DAC)....

December 18, 2024
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Land Platforms
Financial Announcements, Procurement & Contracts

Clavister to Equip CV90s with CyberArmour System

Sweden’s cybersecurity firm Clavister has won a SEK 53 million (USD 4.7 million) contract from BAE Systems Hägglunds to equip CV90 infantry fighting vehicles with its CyberArmour system. This...