Business

Trump says US will revoke UN Arms Trade Treaty

President Donald Trump said the US would not abide by a UN treaty aimed at regulating the global conventional arms trade, calling it an encroachment on sovereignty.

Read More »

Poland to acquire 4 Leonardo AW101 maritime multirole helicopters for €380 million

Italy's Leonardo was awarded a €380 million contract to supply four AW101 maritime multirole helicopters to the Polish Navy, the company said

Read More »

Lockheed awarded $723 million Hellfire missile contract for France, Lebanon and the Netherlands

Lockheed Martin was awarded a $723 million contract modification to provide Hellfire missiles for France, Lebanon and the Netherlands

Read More »

Raytheon reports $6.7 billion in net sales for first quarter 2019

Raytheon reported a 7.4% increase in net sales for the first quarter 2019 and a 23% rise in continuing operations income

Read More »

Nigeria A-29 Super Tucanos to be based at Kainji in Niger state

Nigerian Air Force A-29 Super Tucanos look set to be based at Kainji, and the service says it expects the aircraft to be inducted in 2020

Read More »

Boeing first-quarter defense revenue increases 2% on higher volume

Boeing posted first-quarter 2019 results, reporting a 2% revenue increase in its defense division marked by US and foreign military contracts

Read More »

Lockheed Martin posts $14 billion in sales for first quarter 2019

Lockheed Martin reported over $14 billion in sales for the first quarter of 2019, increasing its financial guidance for the year

Read More »

Israel’s defense exports top $7 billion in 2018

Israel's defense exports exceeded $7.5 billion in 2018, with the bulk going to Asia and the Pacific region, the government said

Read More »

Saudi Arabia and UAE use French weapons in Yemen, report reveals

French weapons are being used by the United Arab Emirates and Saudi Arabia in Yemen, according to a classified note revealed by French media

Read More »

Sierra Nevada awarded 5-year Afghanistan A-29 training contract as US shifts to in-country instruction

Sierra Nevada was awarded a $43 million contract for A-29 Super Tucano training for Afghanistan as the US transitions to in-country training

Read More »