Business
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Mar- 2024 -28 March
Royal Navy Vessels to Get Decoy Launchers to Counter Hypersonics
The UK is investing $170 million in trainable decoy launchers to better protect Royal Navy surface vessels against emerging threats such as hypersonic missiles.
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26 March
South Korea Cuts Initial KF-21 Boramae Production by Half
South Korea has announced plans to produce 20 KF-21 Boramae fighters this year, half of the 40 initially planned.
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25 March
Mercury Systems, Lockheed Collaborate on Computing Tech
Mercury Systems has announced its collaboration with Lockheed Martin to manufacture computing technologies in Geneva, Switzerland.
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22 March
US Approves Sale of 50 Abrams Main Battle Tanks to Bahrain
The US has approved the possible foreign military sale of M1A2 Abrams main battle tanks to Bahrain amounting to $2.2 billion.
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22 March
Rheinmetall to Supply Germany With 123 Heavy Weapon Carriers
Rheinmetall has signed a $3-billion deal to supply the German Armed Forces with up to 123 Heavy Weapon Carriers.
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21 March
Russia Delays S-400 Air Defense System Delivery to India by 2 Years
India will reportedly receive the remaining two squadrons of S-400 air defense systems from Russia by August 2026, a delay of two years.
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20 March
Rheinmetall Acquires Dutch Startup REEQ, Ventures Into Light Hybrid Vehicles
Defense manufacturer Rheinmetall has acquired REEQ, a Dutch startup specializing in lightweight tactical vehicles.
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15 March
Honeywell Demonstrates Upgrading F-35’s Cooling System
Honeywell demonstrated upgrading the cooling capacity of the F-35 Power and Thermal Management System from 30 to 80 kilowatts.
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15 March
Diehl, Northrop Explore Integrating IRIS-T SLM Into IBCS
Diehl Defence and Northrop Grumman agreed to explore integrating Diehl’s IRIS-T SLM ground-based air defense systems with Northrop’s IBCS.
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15 March
Anduril Tests Kamikaze Drone With Warhead Matching Hellfire Missile
An Anduril Industries kamikaze drone capable of carrying a warhead of 33 pounds destroyed multiple targets in a live-fire test last year, the company announced.
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