Business
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Nov- 2021 -9 November
China, Russia to Co-Develop Heavy-Lift Helicopter
China and Russia have signed a contract to jointly develop a heavy-lift helicopter in 13 years, the head of Russian Helicopters revealed.
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5 November
RAF Awards Raytheon $149 Million Surveillance Aircraft Contract
The Royal Air Force has awarded Raytheon UK a $149 million contract to expand and upgrade the Shadow surveillance aircraft fleet.
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5 November
Israel to Build Cyprus Surveillance System
Cyprus signed a deal for Israel's military to build an electronic surveillance system, monitoring activity along the UN-patrolled Green Line.
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5 November
US to Sell Advanced Air-to-Air Missiles to Saudi Arabia
The US State Department announced the approval of the sale of $650 million worth of air-to-air missiles to Saudi Arabia to help the country protect itself from drone attacks.
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4 November
Raytheon Awarded $20M Tomahawk Missile Seeker Contract
The US Navy has awarded Raytheon a $20 million contract to provide Maritime Strike Tomahawk seeker suites and subsystems.
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3 November
Israeli APS-Equipped German Leopard Tanks Complete Trial
The Israeli government has announced the completion of the first round of Leopard 2 tank-installed TROPHY active protection system live tests.
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3 November
South Korea Awards KAI $747 Million Spy Plane Contract
The South Korean government has awarded Korea Aerospace Industries a $747 million contract to develop new reconnaissance aircraft.
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Oct- 2021 -29 October
Russia Ready to Supply Weapon Systems to Peru
Russia is ready to supply the armed forces of Peru with new combat aircraft should it make a formal request.
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28 October
Canadian Defense Firm Goes Bust After Turkish Arms Embargo
Canadian defense firm Telemus Systems Inc. has filed for bankruptcy months after Ottawa canceled export permits for military goods and technologies to Turkey.
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26 October
Turkey, South Korea Sign Altay Tank Engine Deal
Turkey and South Korea have signed a letter of intent regarding the supply of Korean engines for Turkey’s Altay tanks.
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