Business
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Mar- 2018 -13 March
South Korea signs contract for 90 more Taurus bunker buster cruise missiles
South Korea has signed a contract to purchase 90 more Taurus long-range bunker-buster air-to-ground cruise missiles, a defense official said.
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12 March
US tops global arms exporter list, India leads importers
The United States was the world's biggest arms exporter in 2013-17, while India imported the most weapons, according to a new SIPRI report
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9 March
UK signs memorandum with Saudi Arabia for sale of 48 Typhoon multirole fighter jets
Saudi Arabia has signed a Memorandum of Intent with the U.K. government to purchase 48 Eurofighter Typhoon multirole fighter jets.
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8 March
US approves sale to UAE of 300 Sidewinder air-to-air missiles
The U.S. State Department approved the sale to the United Arab Emirates of 300 AIM-9X-2 Sidewinder Block II air-to-air missiles for an estimated $270.4 million
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8 March
MBDA and Lockheed form joint venture for Germany’s TLVS missile defense system
MBDA Deutschland and Lockheed Martin announced a joint venture expected to become the prime contractor for Germany's TLVS next-generation integrated air and missile defense system
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1 March
Rheinmetall Defense posts 3% sales growth for 2017
Rheinmetall Defence saw three percent growth in 2017, an increase of €90 million ($109.7 million) in sales compared to the previous year's figures, the company said in preliminary earnings figures
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Feb- 2018 -28 February
US Air Force orders 570 Small Diameter Bomb II glide bombs from Raytheon
Raytheon has been awarded a $77,392,758 contract to produce 570 Small Diameter Bomb II glide bombs and associated equipment for the U.S. Air Force
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22 February
BAE profits fall, counts on government defense spending
British military equipment manufacturer BAE Systems announced a drop in annual net profit on Thursday but said it expected government defense spending to remain a priority.
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22 February
US approves $259 million sale of 4 King Air 350ER ISR planes to Kuwait
The U.S. Department of State approved the possible $259 million sale of four Sierra Nevada King Air 350ER Intelligence, Surveillance, and Reconnaissance to Kuwait, the Defense Security Cooperation Agency said in a press release.
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21 February
US approves sale of missile launching systems for Finland’s new corvettes
The U.S. Department of State approved the sale of four Mk 41 missile launching systems for Finland's new Squadron 2020 corvettes at an estimated cost of $70 million
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