Business
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Nov- 2018 -20 November
US approves $321 million sale to NATO agency of precision guided bomb kits
The US State Department approved the estimated $320.5 million sale to the NATO Support and Procurement Agency of precision guided munitions kits, the DSCA said
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20 November
Former Malaysia PM Najib questioned over French Scorpene-class submarine deal
Fallen Malaysian leader Najib Razak is being questioned over a $1.2 billion deal signed 16 years ago for the purchase of two French-made submarines
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6 November
Pentagon awards AeroVironment $3.2 million Puma AE drone contract for US Indo-Pacific ally
The US Department of Defense awarded AeroVironment a $3.2 million contract to supply and support its Puma AE small unmanned aircraft system for an Indo-Pacific ally
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6 November
US awards General Atomics $263 million for MQ-9 Reaper drone production
The US Air Force awarded General Atomics - Aeronautical Systems a $263 million contract for the production of MQ-9 Reaper drones
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2 November
US Special Operations Command to buy 4 new MH-47G Chinooks from Boeing
The Pentagon awarded Boeing a $42 million contract modification for four new MH-47G Chinook helicopters for US Special Operations Command
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Oct- 2018 -31 October
Bulgaria’s arms exports up 20 percent to €1.2 billion in 2017
Bulgaria's booming arms trade continued to grow in 2017 with arms and ammunitions exports topping €1.2 billion ($1.4 billion), an official report showed
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31 October
Switzerland reverses plans to sell weapons to countries in civil conflict
Switzerland reversed a decision to loosen restrictions on weapons sales to countries in conflict following outcry over the planned move
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24 October
Israel’s IAI wins $777 million India navy contract for Barak 8 air defense missile systems
Israel Aerospace Industries said it had won a $777 million order for the Barak 8 air defense system for seven Indian Navy warships
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24 October
France and Italy’s warship builders Naval Group and Fincantieri sign joint venture
France and Italy's state-controlled naval companies signed a joint venture agreement, moving closer to a bilateral defense industrial alliance.
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20 October
$3.5 billion sale to UK of 36 Boeing H-47 Chinook helicopters approved by US
The US Department of State has approved a possible $3.5 billion sale of 16 H-47 Chinook helicopters to the United Kingdom, the DSCA said
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