Business

Pentagon Launches $1B Program to Procure 300,000 Attack Drones

The US Department of Defense has initiated a $1-billion program to significantly scale up domestic drone manufacturing.

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Thailand Acquires Combat-Proven Barak MX Air Defense System From Israel

The Royal Thai Air Force has signed a 3.44-billion-baht ($107-million) contract to acquire a Barak MX air defense system from Israel Aerospace Industries.

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Sweden and Finland Order 300 More Sisu GTP 4×4 Armored Vehicles

The Swedish and Finnish armed forces have jointly ordered more than 300 additional Sisu GTP 4×4 off-road vehicles.

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Spain Approves $3.71B Modernization of F100 Frigates

Spain’s Council of Ministers has approved the mid-life modernization program for the navy’s F100 frigates.

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Poland Selects Saab A26 Submarines to Replace Aging Kilo-Class Vessel

The Polish government has chosen Saab’s A26 submarines as successors to its only remaining Soviet-era Kilo-class vessel.

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Denmark’s Terma Forms Unified Counter-Drone Powerhouse With OSL Technology Acquisition

Danish defense and aerospace firm Terma has acquired OSL Technology, a UK-based specialist in counter-unmanned aerial systems and intelligent airspace security systems.

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US Army Seeks to Produce 30,000 Next-Gen Cluster Shells Annually

The US Army is soliciting potential manufacturers for XM1208 155mm cluster shells, with a targeted annual production rate of 30,000 rounds.

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Pentagon Invests in ElementUSA for Domestic Production of Strategic Minerals

ElementUSA has been contracted to develop a facility capable of separating gallium and scandium from industrial waste streams.

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Ondas Expands Defense Robotics Portfolio With $80M Roboteam Acquisition

Ondas Holdings has announced plans to acquire Roboteam, an Israeli developer of rugged, multi-mission unmanned ground vehicles, in an $80-million deal.

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Romania Buys French Mistral Air Defense Systems in Over $700M Deal

Romania’s Ministry of National Defence has finalized a 625-million-euro ($724-million) deal to acquire Mistral short-range air defense systems from France.

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