Business
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Jul- 2023 -13 July
Germany Funds Indigenous Spy Ship Fleet Construction
Germany has contracted NVL Group to build three Type 424 intelligence-gathering vessels for the German Navy.
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13 July
DARPA Air-Launched Armed Drone Reaches Final Demonstration Phase
General Atomics has secured the US military’s LongShot air-launched armed drone program phase 3 contract.
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12 July
Rheinmetall to Open Tank Factory in Ukraine Within Three Months
Rheinmetall is opening an armored vehicle plant in Ukraine within the next three months, CEO Armin Papperger said.
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12 July
Ukraine and Turkey Agree on Joint Drone Development
Ukraine and Turkey have agreed to cooperate on the development of strategic technologies such as unmanned aerial vehicles.
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12 July
Bombardier to Compete With Boeing on Canada’s New Multi-Mission Aircraft
Bombardier has signified its intent to compete with Boeing for Canada’s new multi-mission military aircraft.
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11 July
Australia to Export Over 100 Boxer Combat Vehicles to Germany
The Australian government has signed a deal with Germany for the export of over 100 Boxer combat vehicles to the European country.
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10 July
Russian Drone Plant Built With Iranian Help Opens
A Russian drone manufacturing plant built in collaboration with Iran has begun producing drones to support Moscow’s war efforts in Ukraine.
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10 July
US Approves Missile Sales to France and Sweden
The US State Department has approved the sale of over 1,500 AGM-114R2 Hellfire missiles to France and up to 250 AMRAAMs to Sweden.
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10 July
Germany Approves Large Ammo Purchase for Military Stocks, Ukraine
The German Parliament’s Budget Committee has approved the procurement of over $768 million worth of ammunition for the military and Ukraine.
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5 July
Rheinmetall to Build F-35A Center-Fuselage Plant in Germany
Rheinmetall plans to build a plant to manufacture the F-35A fighter jet’s center-fuselages in Germany.
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