Business

Leidos awarded $27 million US Army contract for Saturn Arch ISR aircraft

Leidos was awarded a $26,798,950 US Army contract for Saturn Arch Quick Reaction Capability aircraft, the US Department of Defense said

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India approves $6.6 billion procurement of helicopters, artillery and missile systems

India's Defence Acquisition Council approved the procurement of helicopters, artillery and missile systems for a total of $6.6 billion, the Ministry of Defence said

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Bell to build 29 AH-1Z Viper helicopters for US Marine Corps

Bell Helicopter was awarded a nearly $510 million contract to manufacture 29 AH-1Z Viper helicopters for the US Marine Corps, the Department of Defense said

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Insitu awarded RQ-21 Blackjack drone contract for US Marines and Poland

Boeing subsidiary Insitu was awarded an almost $54 million contract for RQ-21 Blackjack drones for the US Marines and Poland

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Switzerland most transparent small arms exporter, Iran, DPRK and UAE most opaque

Small Arms Survey reveals Switzerland was the most transparent authorized small arms exporter in 2015, followed by the Netherlands, the UK, Italy, and Serbia

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Australia signs €2 billion contract with Rheinmetall for 211 Boxer wheeled armored vehicles

Germany's Rheinmetall announced that it secured a €2.1 billion (Au$3.3 billion) contract to supply Australia with 211 Boxer wheeled armored vehicles

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Lockheed awarded $480 million more for hypersonic missile development

Lockheed Martin was awarded a $480 million contract to develop a new hypersonic missile for the US Air Force, the Department of Defense said

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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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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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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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