defense spending

US OKs $582M Spy Plane Upgrade for Saudi, $85M Radar for UAE

The US State Department has approved a total of $667 million in foreign military sales to two Middle Eastern nations.

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US Clears $271M F-35 Munition Sale to South Korea

South Korea has been cleared to procure US-made precision weapons to integrate into its fleet of F-35A Lightning II aircraft.

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South Korea Selects Embraer C-390 Millennium as New Military Transport Plane

Brazilian aerospace firm Embraer announced that it has been selected to supply South Korea’s new military transport aircraft.

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UK Has Record £16.9B Shortfall in Defense Budget: Watchdog

The UK's defense department is facing a £16.9 billion ($21.4 billion) shortfall in its equipment budget due to inflation.

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Boeing Bows Out of US Air Force ‘Doomsday’ Plane Competition

Boeing has confirmed that it is no longer part of a US Air Force program to build a successor to its aging E-4B Nightwatch strategic command and control aircraft.

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Spain Orders Airbus SIRTAP Drones for $539M

Spain has signed an agreement with Airbus for high-performance SIRTAP drones worth $539 million.

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Canada Moves Forward With $7.7B Boeing Spy Plane Acquisition

Canada will buy up to 16 spy planes from Boeing to replace its aging fleet of CP-140 Aurora maritime patrol aircraft.

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Slovenia Buys Six Italian AW139M Multi-Role Helicopters for $205M

The Slovenian military is modernizing its helicopter fleet with the acquisition of six AW139M multi-role choppers from Italy.

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Elbit to Equip Canadian A330 Refueling Aircraft With Self-Protection Suites

Elbit Systems has been awarded a contract to equip the Canadian Air Force’s A330 aerial refueling aircraft with cutting-edge self-protection suites.

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Boeing Wins $2.3B Contract for 15 US Air Force KC-46A Pegasus Tankers

Boeing has received a $2.3-billion contract to build 15 more KC-46A Pegasus tanker aircraft for the US Air Force.

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