Business
-
Apr- 2022 -29 April
US Navy Awards Leonardo DRS $73M Shipboard Energy Magazine Contract
The US Navy has awarded DRS Naval Power Systems a potential $72.8 million contract to deliver a multi-application shipboard energy magazine by April 2027.
Read More » -
29 April
Chile to Receive 22 Light Armored Vehicles From New Zealand
New Zealand has agreed to sell 22 eight-wheel drive New Zealand Light Armoured Vehicles to the Chilean Navy.
Read More » -
27 April
Germany to Buy 60 Heavy-Lift Chinook Helicopters: Report
Germany will buy 60 Boeing CH-47F Chinook heavy-lift military helicopters for around 5 billion euros ($5.4 billion).
Read More » -
26 April
Raytheon Will Not Resume Mass Production of Stinger Missiles Until 2023
Raytheon will not be able to accelerate the production of Stinger anti-aircraft missiles before 2023 due to a lack of available parts, the company's chief warned.
Read More » -
25 April
Thales Finishes Production of 1,000 Hawkei Military Vehicles for Australia
Thales has completed the development of 1,000 Hawkei protected mobility vehicles – light for the Australian armed forces.
Read More » -
25 April
KTG Secures Additional Investment for Kraken K50
UK-based Kraken Technology Group has secured additional investment to develop its K50 precision engagement craft.
Read More » -
25 April
Canada Purchases ‘King Air’ Spy Planes for $247 Million
Canada is acquiring three spy planes under a US foreign military sales agreement to boost its aerial surveillance capabilities.
Read More » -
21 April
India Scraps Planned Purchase of 48 Russian Helicopters
India has cancelled a planned procurement of 48 Russian Mi-17 V5 helicopters in favor of local production.
Read More » -
21 April
Collins Aerospace Unit to Make Next-Gen Aircraft, Hypersonic Weapons
Raytheon Technologies subsidiary Collins Aerospace has merged two business units to form a new group to develop next-generation aircraft and hypersonic weapon components
Read More » -
19 April
USSOCOM Invests $10M in Jet Boots Dive Propulsion Systems
US Special Operations Command has awarded Patriot3 Inc. a $10 million contract for the acquisition of Jet Boots Dive Propulsion Systems through 2027.
Read More »