Business
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Aug- 2018 -27 August
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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24 August
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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22 August
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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22 August
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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17 August
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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14 August
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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14 August
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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13 August
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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10 August
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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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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