Business
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Oct- 2024 -8 October
Poland Secures $3 Billion US Loan to Buy Apache Helicopters
The US has agreed to provide Poland with a $3.08 billion loan for the purchase of American weapons under the foreign military financing program.
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7 October
Hanwha Unveils World’s First Amphibious Multi-Rocket Launcher
Hanwha Aerospace has unveiled an unmanned multi-rocket launcher system designed for amphibious operations.
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7 October
Turkish Firm Wins $934M Romanian Armored Vehicle Contract
Romania has selected Turkish firm Otokar to supply over 1,000 light armored tactical military vehicles to the Romanian Army.
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7 October
Lithuania Procures Additional NASAMS Air Defense System
Kongsberg Defence & Aerospace has received an additional purchase order from the Lithuanian Ministry of Defense for the NASAMS air defense system.
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7 October
Indian Firm Teams With AM General, Mandus to Explore Next-Gen Artillery
Kalyani Strategic Systems has signed an agreement with American firms AM General and Mandus Group to explore the co-development of next-generation artillery systems.
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7 October
Denmark to Invest $618 Million in Ukrainian Defense Production
Denmark has increased its financial assistance for the purchase of Ukrainian defense equipment to $618 million.
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4 October
US Mulls Letting Taiwan Make Stinger Missiles
The US is considering allowing Taiwan to locally assemble and produce Stinger anti-aircraft missiles to cater to Taipei’s expanded requirements.
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3 October
KNDS Launches Ukraine Subsidiary to Repair Heavy Guns, Make Ammo
KNDS launched its Ukrainian subsidiary in Kyiv this week to enable local firms to carry out maintenance and repair of KNDS platforms.
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3 October
US Navy Chooses L3Harris for P-8A Fleet MRO
The US Navy has contracted L3Harris Technologies for the maintenance, repair, and overhaul support of its 135 aircraft P-8A Poseidon fleet.
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2 October
Pratt & Whitney Receives Up to $1.3B to Mature F-35 Engine Core Upgrade
RTX subsidiary Pratt & Whitney has been awarded a contract worth up to $1.3 billion to continue maturing the F135 Engine Core Upgrade.
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