Business

Raytheon and Rheinmetall joint venture to offer Lynx infantry fighting vehicle to US Army

Raytheon and Rheinmetall Defence announced a joint venture to offer the Lynx infantry fighting vehicle to the US Army

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General Dynamics integrates Naval Strike Missile on USS Gabrielle Giffords LCS

General Dynamics integrated the over-the-horizon Naval Strike Missile capability onto the Independence-variant Littoral Combat Ship USS Gabrielle Giffords

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Boeing awarded $280 million Small Diameter Bomb integration and support contract

Boeing has been awarded a $280 million integration and engineering support contract for the Small Diameter Bomb I glide bomb

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BAE awarded $2.7 billion APKWS laser-guided rocket production contract

BAE Systems was awarded an almost $2.7 billion contract to procure Advanced Precision Kill Weapon System precision guidance units for 2.75-inch rockets

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Sikorsky HH-60W combat rescue helicopter cleared for production

The new Sikorsky HH-60W combat rescue helicopter was cleared for initial production after receiving approval from the US Air Force

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Thailand approved for $400 million Boeing AH-6i light attack helicopter purchase

The US Department of State approved the $400 million sale to Thailand of eight AH-6i light helicopters and related weapons and equipment

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Colt awarded $42 million contract to produce M4, M4A1 carbines for 13 countries

Colt was awarded a $42 million foreign military sales contract to produce M4 and M4A1 carbines for 13 countries after announcing it would halt production of consumer AR-15 rifles

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Boeing awarded $157 million contract modification for Saudi F-15 original manufacturer training

Boeing was granted a $157 million contract modification for original manufacturer training for the Royal Saudi Air Force's fleet of F-15SA jets

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UK launches national security investigation into Cobham takeover

The UK launched a national security probe into a £4-billion takeover bid for British defense group Cobham by US private equity firm Advent International

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Germany extends Saudi arms sales embargo by 6 months

Germany has extended by six months a weapons export freeze against Saudi Arabia imposed a year ago over the murder of journalist Jamal Khashoggi

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