Business
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Apr- 2024 -4 April
Rheinmetall to Produce Undercarriages, Arms for PzH 2000 Howitzers
Rheinmetall has received a $146-million order from KNDS to supply core components for its PzH 2000 self-propelled howitzers.
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3 April
Austal Turns Down Hanwha’s Unsolicited Takeover Bid
Austal confirmed that it received an unsolicited bid from Hanwha to acquire the Australian shipbuilding giant for up to $663 million.
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3 April
UK Firm to Deliver Demining Equipment to Ukraine
The UK Ministry of Defence has contracted Pearson Engineering to deliver demining equipment to the Ukrainian Armed Forces.
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2 April
Elbit to Upgrade European Country’s Artillery Battalions With C4I Suite
A European country has selected Elbit Systems’ Command, Control, Communications, Computers, and Intelligence suite to upgrade its artillery.
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2 April
Lockheed to Produce More JAGM, Hellfire Missiles in $483M Deal
The US has awarded Lockheed Martin $483 million to produce a new batch of AGM-114R2 Hellfire air-to-ground missiles and Joint-Air-to-Ground Missiles.
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2 April
BAE Signs $754M AMPV Production Contract With US Army
BAE Systems has received a $754-million contract to continue manufacturing the US' Armored Multi-Purpose Vehicles.
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Mar- 2024 -28 March
Northrop to Expand Facility in West Virginia
The US Navy has awarded Northrop Grumman a $178 million contract to expand the company’s Allegany Ballistics Laboratory in West Virginia.
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28 March
EU Grants Rheinmetall $140M to Ramp Up Artillery Shell Production
Rheinmetall has received over $140 million from the European Union to ramp up 155mm artillery ammunition and powder production in support of Ukraine.
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28 March
Royal Navy Vessels to Get Decoy Launchers to Counter Hypersonics
The UK is investing $170 million in trainable decoy launchers to better protect Royal Navy surface vessels against emerging threats such as hypersonic missiles.
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26 March
South Korea Cuts Initial KF-21 Boramae Production by Half
South Korea has announced plans to produce 20 KF-21 Boramae fighters this year, half of the 40 initially planned.
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