Business
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Aug- 2019 -27 August
General Dynamics awarded $45 million Knifefish mine countermeasure drone contract
General Dynamics was awarded a $45 million contract for low-rate initial production of the Knifefish Surface Mine Countermeasure Unmanned Undersea Vehicle
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27 August
Taiwan needs more than what the US is selling
Taiwan's F-16 fighter jets and other defense acquisitions aren't enough to combat the next-generation technology China has at its disposal, Drake Long argues
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21 August
US approves $8 billion sale of 66 F-16 fighter jets to Taiwan
The US State Department approved the sale of 66 F-16 fighters to Taiwan, in a move expected to anger China
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13 August
Bahrain signs agreement to purchase Patriot air defense system
Bahrain has signed an agreement to purchase the Patriot missile defense system from the US Army, Raytheon said
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8 August
South Korea cleared for $800 million MH-60R Seahawk helicopters purchase
The US State Department approved the sale to South Korea of 12 Sikorsky MH-60R Seahawk multi-role helicopters at an estimated cost of $800 million
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5 August
Myanmar military’s powerful business interests fund atrocities, UN says
Tougher sanctions are needed against Myanmar's military as economic interests generate a fortune that helps fund atrocities, UN investigators said
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1 August
Lockheed awarded $800 million Slovakia F-16 fighter jet contract
Lockheed Martin was awarded an almost $800 million contract to produce and support F-16 fighter jets for Slovakia
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Jul- 2019 -29 July
Cambodia to spend $40 million more on Chinese military equipment
Cambodia will spend an additional $40 million on Chinese weapons to further modernize its military, in the latest sign of increased defense ties
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23 July
Bulgaria president vetoes $1.3 billion F-16 fighter jet purchase
Bulgarian President Rumen Radev vetoed a $1.3 billion deal to buy eight F-16 fighter jets from the US, saying there had been insufficient debate
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23 July
Lockheed Martin reports $14.4 billion in second quarter sales
Lockheed Martin posted net sales of over $14 billion for the second quarter of 2019, along with higher net earnings and cash from operations
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