Business
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Jul- 2022 -29 July
NATO Country Orders $200M IAI Special Mission Aircraft
An undisclosed NATO member country has contracted Israel Aerospace Industries to deliver a special mission aircraft in a deal worth $200 million.
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28 July
Philippines Scraps Russian Helicopter Deal Fearing US Sanctions
The Philippine government has reportedly canceled an agreement to buy Russian military helicopters due to fears of possible US sanctions.
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28 July
Thales Subsidiary Acquires AAC
Thales subsidiary TDSI has taken complete ownership of Advanced Acoustic Concepts, the firm’s joint venture with Leonardo DRS.
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28 July
S. Korea Offers Australia Interim Submarine to Close Collins Gap: Report
South Korea has reportedly offered to build a fleet of conventional attack submarines for the Royal Australian Navy to bridge a potential capability gap between the aging Collins submarine and the future introduction of a new class of nuclear-powered undersea attack vessels.
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28 July
Tata Delivers Quick Reaction Fighting Vehicles to Indian Army
The Indian Army has taken delivery of an undisclosed number of Quick Reaction Fighting Vehicles from Tata Advanced Systems Limited.
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28 July
US Army Taps Allison Transmission to Power New Armored Combat Vehicle
The US Army has contracted Allison to provide the transmission system for the service’s newly designed armored combat vehicle.
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28 July
Germany Approves Sale of 100 Armored Howitzers to Ukraine: Report
The German government has reportedly approved the sale of 100 armored howitzers to Ukraine worth 1.7 billion euros ($1.72 billion).
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27 July
Military Aircraft Drive US Goods Orders Higher in June
An eye-popping surge in new orders for US military aircraft in June drove a surprise increase in demand for big-ticket manufactured goods.
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27 July
Iraq to Receive French, American Air Defense Systems: Minister
Iraqi Defense Minister Juma Inad revealed on Sunday the “imminent” arrival of French and American radar systems to bolster the country's air defenses.
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26 July
LIG Nex1, Thales Sign Naval Weapon Systems Pact
LIG Nex1 and Thales Netherlands have signed a memorandum for the Maintenance, Repair, and Operations of ship-installed weapon systems.
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