Business
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Jul- 2018 -31 July
US approves sale to Bahrain of 28 TOW missile Improved Target Acquisition Systems
The US State Department approved the sale to Bahrain of 28 TOW Improved Target Acquisition Systems and related equipment, at estimated cost of $80 million
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31 July
US approves sale of 300 Hellfire missiles to Kuwait
The US State Department approved the sale to Kuwait of 300 AGM-114R Hellfire missiles and related equipment at an estimated cost of $30.4 million
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30 July
Japan to spend $4.2 billion on Lockheed radars for Aegis Ashore missile defense
Japan said it would spend $4.2 billion over 30 years on installing and operating U.S. radar systems for its Aegis Ashore ballistic missile defense systems
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26 July
Boeing posts 9% increase in defense revenue for second quarter
Boeing posted strong second quarter 2018 earnings driven by demand for domestic and foreign military aircraft sales
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26 July
Raytheon quarterly sales increase 5.5% on Patriot and classified contracts
Raytheon announced a 5.5% increase in net sales for the second quarter 2018 driven by Patriot missile defense system and classified contracts
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25 July
US to procure more Boeing Insitu ScanEagle drone systems for Afghanistan
Boeing subsidiary Insitu was awarded an almost $11 million contract for the supply of 27 ScanEagle unmanned aerial systems for Afghanistan, a U.S. Department of Defense release said.
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25 July
Australian Defence Force to buy 1,000 more Rheinmetall trucks under Land 121 project extension
Rheinmetall expects to deliver more than 1,000 new logistics trucks to the Australian Defence Forces as part of its land fleet modernization program
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16 July
Lockheed and Rafael sign agreement to market Spice bomb guidance kits
Lockheed Martin and Rafale Advanced Defense Systems signed a MOU to market the Smart, Precise Impact and Cost-Effective (Spice) guidance kits
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12 July
Boeing awarded $131 million US Army contract for 4 Chinook special ops helicopters
Boeing was awarded a $131 million contract modification for four MH-47G Chinook special operations helicopters for the US Army
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9 July
New Zealand to buy 4 P-8 Poseidon maritime patrol aircraft for NZ$2.3 billion
New Zealand is purchasing four Boeing P-8 Poseidon maritime patrol aircraft to replace its aging fleet, Minister of Defence Ron Mark said
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