Business
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Nov- 2018 -28 November
Egypt Abrams tank rounds price doubles to $201 million
The US adjusted the estimated cost for the sale of 60,500 tank rounds to Egypt to $201 million, more than double the $99 million value placed on the proposed sale in September
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22 November
Finland freezes arms export permits to Saudi Arabia and UAE over Yemen
Finland will not issue new arms export authorisations to Saudi Arabia and the United Arab Emirates due to concerns over the humanitarian situation in Yemen
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22 November
Denmark suspends arms sales to Saudi Arabia over Yemen war, Khashoggi murder
Denmark has suspended military exports to Saudi Arabia over the situation in Yemen and the murder of dissident Saudi journalist Jamal Khashoggi
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21 November
Northrop Grumman awarded $490 million for Japan Global Hawk drone program
Northrop Grumman was awarded an almost $490 million contract for three RQ-4 Global Hawk drones along with ground control equipment and services for Japan
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20 November
India signs contracts to purchase 4 Admiral Grigorovich-class frigates from Russia
India signed contracts to purchase four Admiral Grigorovich class (Project 11356) frigates, Russia’s Federal Service for Military and Technical Cooperation said
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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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