Business
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Aug- 2018 -14 August
Lebanon army receives 8 Bradley Fighting Vehicles from the US
Lebanon received eight M2A2 Bradley Fighting Vehicles from the United States, the army said in a statement
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13 August
India approves plan for $700 million acquisition of 6 next-generation offshore patrol vessels
India approved a plan for the procurement of six Next Generation Offshore Patrol Vessels for the Indian Navy at a cost of Rs. 4941 crore ($706.5 million)
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10 August
Raytheon awarded $110 million contract for Paveway laser-guided bombs
Raytheon was awarded a $110 million contract for Paveway precision-guided bombs, including foreign military sales to the Philippines and other states
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10 August
Lockheed awarded $218 million contract for 18 HIMARS launchers for Romania
Lockheed Martin was awarded a $218 million contract for the procurement of 18 High Mobility Artillery Rocket System launchers for Romania
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10 August
Mexico to purchase Evolved Seasparrow missiles for new Sigma-class ships
The US approved a $41 million sale of Evolved Seasparrow tactical missiles (ESSM) to Mexico for its new Sigma 10514 Class corvettes
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8 August
AAI awarded $12.8 million drone ISR contract for Afghanistan airfields
Textron subsidiary AAI Corp. was awarded a $12.75 million contract modification to provide drone system ISR for US force protection in Afghanistan
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6 August
Taiwan allocates 21% of 2019 defense budget to indigenous weapons
Taiwan will set aside more than 21% of its defense budget next year for the development of indigenous weapons, President Tsai Ing-wen said
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4 August
US approves sale to Latvia of 4 UH-60M Black Hawk helicopters for $200 million
The U.S. State Department approved the sale to Latvia of four UH-60M Black Hawk helicopters and related equipment for an estimated cost of $200 million
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3 August
US approves $40 million sale of 2,622 bombs to Kuwait
The U.S. State Department approved the sale to Kuwait of 2,622 bombs for its F/A-18 aircraft at an estimated cost of $40.4 million
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2 August
Rheinmetall defense earnings up €17 million in first half of 2018
Rheinmetall Group's defense sales fell to €1.263 billion in the first half of 2018 while earnings rose €17 million to €31 million
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