Business
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Mar- 2022 -11 March
Lockheed Wins USAF Long-Range Radar Replacement Competition
The US Air Force has selected Lockheed Martin’s AN/TPY-4(V)1 to replace its aging AN/TPS-75 long-range radar.
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11 March
US Awards Boeing $500 Million Taiwan Harpoon Contract
The US Naval Air Systems Command has awarded Boeing a $498 million Harpoon Coastal Defense System contract for Taiwan.
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11 March
Finland to Choose Between Two Israeli Companies for Air Defense Systems
Finland's defense ministry said that the country intends to purchase air defense systems from one of two Israeli defense companies.
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9 March
Rafael Subsidiary Receives Clearance to Work in US
The US subsidiary of Israeli company Rafael has been granted facility clearance to work on confidential programs without collaborating with US firms.
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9 March
Lockheed to Spend $1B on Military Manufacturing in Saudi Arabia
Lockheed Martin is investing around $1 billion to help Saudi Arabia manufacture indigenous military equipment.
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9 March
Setback to European Fighter Jet as Companies in Deadlock
Europe’s Future Combat Air System fighter jet program has suffered a setback as the two main contractors have failed to reach an agreement on its development.
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8 March
BAE Systems Acquires Military Simulations Firm for $200 Million
BAE Systems has announced that it is acquiring military training simulator provider Bohemia Interactive Simulations for $200 million.
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8 March
France, Spain Award Airbus Tiger Attack Helicopter Upgrade Contract
The French and Spanish governments have awarded Airbus Helicopters a Tiger attack helicopter upgrade contract.
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7 March
Saudi, Lockheed Martin in Missile Defense Deal
Saudi Arabia announced a deal with Lockheed Martin to manufacture elements of the missile defenses of the Gulf state, the target of frequent cross-border attacks by rebels in Yemen.
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3 March
General Atomics to Unveil ‘Off-Board Sensing Station’ Drone: Report
General Atomics is unveiling a new drone Thursday as its submission for the Off-Board Sensing Station contract it clinched last year.
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