Business
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Mar- 2019 -19 March
EU allocates €525 million for defense projects including Eurodrone
The European Union will allocate €525 million to fund defense industrial and research projects in 2019 and 2020, including €100 million for the development of the Eurodrone
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8 March
India and Russia sign $3 billion nuclear submarine lease agreement
India signed a $3 billion deal to lease a third Russian Akula class nuclear-powered submarine for 10 years, giving Delhi a boost in the Indian Ocean
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6 March
Germany extends ban on Saudi Arabia arms sales until end of March
Germany extended a temporary, disputed ban on arms exports to Saudi Arabia until the end of the month
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Feb- 2019 -26 February
Boeing names ex-US envoy Nikki Haley to board of directors
Boeing named Nikki Haley, the former US ambassador to the United Nations, to its board of directors
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25 February
Serbia receives 4 more MiG-29 fighter jets from Belarus
Serbia has received four more MiG-29 fighter jets from Belarus, bringing its fleet to a total of 14, Serbia's Ministry of Defense said
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18 February
Saudi state arms firm signs cooperation agreement with France’s Naval Group
Saudi Arabia's state arms producer and French government-majority firm Naval Group signed a joint venture deal to boost the kingdom's navy
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10 February
Poland to spend $414 million on Lockheed’s HIMARS mobile rocket system
Poland said it will buy HIMARS mobile rocket launchers worth $414 million from US defense giant Lockheed Martin
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8 February
US awards Bell $240 million for Bahrain’s AH-1Z Viper attack helicopters
The US awarded Bell Helicopter Textron a $240 million contract modification to manufacture and deliver 12 AH-1Z Viper attack helicopters to Bahrain
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7 February
BAE awarded $225 million APKWS rocket contract for US, Nigeria, Netherlands
BAE Systems was awarded a $225 million contract to produce Advanced Precision Kill Weapon System units for Nigeria and the Netherlands
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Jan- 2019 -30 January
Raytheon and Lockheed joint venture awarded initial Javelin-F missile production contract
The Lockheed Martin and Raytheon Javelin Joint Venture was awarded an initial full-rate production contract for 2,100 Javelin-F model missiles
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