Business
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Oct- 2023 -27 October
Ukraine Launches Serial Production of ‘Stealthy’ Kamikaze Drone
Ukraine has begun the serial production of an indigenous loitering munition intended to strike Russian forces.
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27 October
Raytheon Sells Cybersecurity and Intelligence Unit for $1.3 Billion
Raytheon has announced that it is selling its cybersecurity and intelligence division to an undisclosed buyer for $1.3 billion.
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25 October
S. Korea’s Future Marine Helicopter to Feature L3Harris ISR System
Korea Aerospace Industries has contracted L3Harris Technologies to provide surveillance and targeting systems for South Korea’s upcoming Marine Attack Helicopter.
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25 October
US Navy, L3Harris to Develop Heavy Fuel Version of FVR-90 Drone
The US Navy has partnered with L3Harris Technologies to develop a heavy fuel engine variant of the FVR-90 drone.
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24 October
RTX Reports Loss on Engine Issue, But Boosts Share Buybacks
Aviation and defense giant RTX reported a loss on hefty costs tied to an engine quality control problem as it boosted its share repurchase program.
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23 October
Germany Plans Israeli Rocket Artillery to Replace MARS MLRS Sent to Ukraine
The German military is planning to replace its five MARS II Multiple Launch Rocket Systems sent to Ukraine with the Israeli Precise and Universal Launching System.
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20 October
Germany Kicks Off Procurement of Next-Gen Reconnaissance Vehicles
The German government is seeking proposals for the development and production of 252 next-generation reconnaissance vehicles for the army.
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19 October
SpiderOak to Test Cybersecurity Software on US Space Force C2 System
SpiderOak will research the integration of its software with a US Space Force ground-based satellite command and control system.
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19 October
Sweden Commissions $316M Leopard Tank Upgrades
Sweden has contracted Krauss-Maffei Wegmann to upgrade 44 Leopard 2 tanks of the Swedish Armed Forces.
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18 October
S. Korea’s Future Attack Helicopter to Be Armed With Mistral Missile
Korea Aerospace Industries has contracted MBDA for the integration of the Mistral ATAM anti-air missile system on the Korean Marine Attack Helicopter.
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