Procurement & Contracts - currentdefencenews.com

October 28, 2024
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Land Platforms

US OKs $2 Billion Air Defense and Radar Export to Taiwan

Approval has been granted by the US State Department for Taiwan to acquire $1.94 billion in air defense and radar systems. The sale comprises NASAMS and long-range AN/TPS-77 and...

October 28, 2024
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Missile and Missile Defense

US Authorizes Potential Export of 1,000 TOW Missiles to Saudi Arabia

A potential sale of more than 1,000 TOW missiles to Saudi Arabia, valued at $440 million, has been approved by the US State Department. The order comprises 507 TOW...

October 24, 2024
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Air Platforms

Does the Eurofighter Stand a Chance Against Rafale in the MRFA Tender?

India’s pursuit of multi-role fighter aircraft is driven by its evolving regional security dynamics, the imperative to modernize its aging air fleet, and a strategic push to strengthen indigenous...

October 24, 2024
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Land Platforms

U.S. Army Grants Raytheon $676 Million in TOW Missile Contracts

Raytheon has delivered more than 700,000 Tube-launched, Optically-tracked, Wire-guided (TOW) weapon systems to the U.S. military and allied forces globally. Since 2003, the TOW missile has been employed in...

October 23, 2024
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Missile and Missile Defense

Australia unveils $4.7 billion purchase plan for US air defense missiles.

Australia announced this week a $4.7 billion acquisition of US-made SM-2 and SM-6 missiles—top-tier air defense interceptors—in a substantial foreign military deal. The two governments concluded the agreement this...

October 23, 2024
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Air Platforms

Lockheed Martin’s Finances Impacted by F-35 Upgrades and Contract Hold-Ups

Lockheed Martin officials, speaking on an earnings call, anticipate closing a deal with the U.S. government for the 18th and 19th F-35 lots by year’s end. However, contract delays...

October 22, 2024
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Land Platforms

India Quietly Adds Fourth Nuclear-Powered Submarine; Former Project Chief Calls First Vessel a “Historic Milestone”

India has secretly launched its fourth indigenously made nuclear-powered ballistic missile submarine, S-4*, capable of carrying nuclear missiles. The first SSBN was launched in 2009 and entered service in...

October 21, 2024
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Unmanned Systems

Turkey Intends to Give Albania a Major Shipment of Kamikaze Drones

Albania will receive a “significant number” of loitering munitions from Turkey, a move that highlights their strengthening alliance. The gesture is not aimed at any adversary. Information about the...

October 21, 2024
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Unmanned Systems

Poland Moves to Strengthen Bayraktar TB2 Drone Operability via New Contract

Poland will enhance the functionality of its 24 Bayraktar TB2 drones by signing a new support and logistics contract with Baykar, the Turkish manufacturer. The NATO Support and Procurement...

October 20, 2024
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Unmanned Systems

India’s ISR Operations Experience a Significant Boost

India’s lack of surveillance during the 1999 Kargil conflict became apparent. Identifying enemy positions was delayed. Notably, an IAF pilot innovated by flying a MiG-21 with a Handycam to...