Business
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Aug- 2018 -10 August
Lockheed awarded $218 million contract for 18 HIMARS launchers for Romania
Lockheed Martin was awarded a $218 million contract for the procurement of 18 High Mobility Artillery Rocket System launchers for Romania
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10 August
Mexico to purchase Evolved Seasparrow missiles for new Sigma-class ships
The US approved a $41 million sale of Evolved Seasparrow tactical missiles (ESSM) to Mexico for its new Sigma 10514 Class corvettes
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8 August
AAI awarded $12.8 million drone ISR contract for Afghanistan airfields
Textron subsidiary AAI Corp. was awarded a $12.75 million contract modification to provide drone system ISR for US force protection in Afghanistan
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6 August
Taiwan allocates 21% of 2019 defense budget to indigenous weapons
Taiwan will set aside more than 21% of its defense budget next year for the development of indigenous weapons, President Tsai Ing-wen said
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4 August
US approves sale to Latvia of 4 UH-60M Black Hawk helicopters for $200 million
The U.S. State Department approved the sale to Latvia of four UH-60M Black Hawk helicopters and related equipment for an estimated cost of $200 million
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3 August
US approves $40 million sale of 2,622 bombs to Kuwait
The U.S. State Department approved the sale to Kuwait of 2,622 bombs for its F/A-18 aircraft at an estimated cost of $40.4 million
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2 August
Rheinmetall defense earnings up €17 million in first half of 2018
Rheinmetall Group's defense sales fell to €1.263 billion in the first half of 2018 while earnings rose €17 million to €31 million
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1 August
Profits down at BAE on weak Eurofighter Typhoon demand
BAE Systems said in its first-half report that profits had fallen nearly one-fifth on weak demand for Eurofighter Typhoon fighter jets
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1 August
US approves $169 million sale to Netherlands of 106 torpedo conversion kits
The U.S. State Department approved the sale to the Netherlands of 106 kits to convert Mk 46 torpedoes to Mk 54 for an estimated cost of $169 million
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Jul- 2018 -31 July
India eyes the Raytheon/Kongsberg National Advanced Surface-to-Air Missile System
India’s Ministry of Defence has approved the acquisition of the latest version of the National Advanced Surface-to-Air Missile System (NASAMS) to boost air defenses in New Delhi
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