Financial Announcements - currentdefencenews.com

December 17, 2024
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Land Platforms

Revamping the Bradley: A New Era for the U.S. Army’s Iconic IFV

The U.S. Department of Defense has awarded BAE Systems Land & Armaments a $656.2 million contract to produce additional Bradley armored fighting vehicles, specifically the M7A4 and M2A4 variants,...

December 17, 2024
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Land Platforms

Rheinmetall Sends 20 More Marder IFVs to Ukraine

Rheinmetall has confirmed it will supply Ukraine with an additional 20 Marder 1A3 infantry fighting vehicles (IFVs), with delivery slated for the first half of 2025. This order, valued...

December 16, 2024
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Missile and Missile Defense

Trident II D5 Missile: Evolving to Meet Modern Strategic Challenges

Systems Planning and Analysis has received a $7 million contract modification to exercise fiscal year 2025 options for supporting the Trident II Submarine-Launched Ballistic Missile Strategic Weapons System. Under...

December 16, 2024
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Unmanned Systems

Poland buys General Atomics MQ-9B SkyGuardian for $310 million.

Poland has finalized a $310 million agreement with General Atomics for the acquisition of MQ-9B SkyGuardian drones, marking its first formal purchase of this variant. The contract was signed...

December 13, 2024
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Communication and Electronic

Saab has received an order from the Swedish Navy to supply its Sea Giraffe 1X radar system.

Saab announced on 13 December 2024 that it had received a contract from the Swedish Defence Materiel Administration (FMV) to supply its Sea Giraffe 1X radar systems to the...

December 12, 2024
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Land Platforms

Czech Republic buys more Leopard 2A4 tanks.

Rheinmetall has confirmed a contract to supply 14 additional Leopard 2A4 main battle tanks (MBTs) to the Czech Republic, following an agreement signed by Rheinmetall Landsysteme GmbH CEO Björn...

December 5, 2024
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Air Platforms

India and Nigeria are deepening their defense collaboration.

During a landmark visit by the Indian Prime Minister to Nigeria, both nations made significant strides in deepening bilateral cooperation across defense, economic development, and food security. On November...

December 5, 2024
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Unmanned Systems

MQ-4C Triton: Poseidon’s Unmanned Sentinel of the Seas

Argon ST Inc. has been awarded an $18 million contract to repair the communications interface unit that supports the MQ-4C Triton unmanned aircraft system. The work will be conducted...

December 5, 2024
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Air Platforms

U.S. Army Orders Three More CH-47F Block II Chinook Helicopters

On December 4, 2024, the U.S. Army awarded Boeing a Lot 3 contract worth $135 million (€127.7 million) for the production of three additional CH-47F Block II Chinook heavy-lift...

November 29, 2024
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Air Platforms

Possible setback for the IAF’s MRFA tender: projected rise in local production costs of $20–30 million per plane

The Medium Role Fighter Aircraft (MRFA) tender of the Indian Air Force (IAF), which has been eagerly anticipated and is intended to acquire 114 advanced fighter planes, is faced...