Saturday, November 27, 2021

Business News

Sweden To Receive First Delivery Of World’s Most Advanced Air Defense Missile

Lockheed Martin successfully delivered Sweden’s first Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) interceptors in April, providing the country with the world’s most advanced air defense missile that uses Hit-to-Kill technology to defend against incoming threats. “By choosing PAC-3...

Saab Receives Order for Future Development Support of Gripen

Saab has received an order from the Swedish Defence Materiel Administration, FMV, to provide future development support for Gripen from April 1, 2021 to December 31, 2022. The total order value is SEK 998 million. The order is an extension...

Digital engineering levels playing field

One of the hardest parts of starting a new job is getting up to speed – especially in engineering, where new employees are often thrown into an ongoing project alongside colleagues who have been working on it for months...

Saab Delivers its Best and Final Offer for Finland

Saab has, with strong support from the Swedish Government, submitted its Best and Final Offer (BAFO) to the Finnish defence procurement agency for the Finnish HX fighter procurement. The proposal comprises 64 Gripen E fighter aircraft and an extensive...

Sovereign Weapons Manufacturing Capabilities In Australia

Lockheed Martin and Thales Australia have finalized a teaming agreement advancing the delivery of an Australian guided weapons manufacturing capability in support of a sovereign national guided weapons enterprise. The agreement will see experienced strategic industry partners in Lockheed Martin...

US building new drone base in Niger

Rising from a barren stretch of African scrubland, a half-finished drone base represents the newest front line in America’s global shadow war. At its center, hundreds of Air Force personnel are feverishly working to complete a $110 million airfield that,...

UK will invest in a new computer system to Protect the Skies

The Ministry of Defense will invest up to £80 million in a new computer system to boost the RAF’s speed and accuracy in protecting the skies, Defense Secretary Gavin Williamson has announced. Known as Project Guardian, the new Air Command...

Airbus warns Berlin Against F-35 fighter aircraft buy

A leading Airbus manager has warned that the German federal government would snub France for its aircraft procurement. Dirk Hoke, Chief Executive Officer of Airbus Defense and Space, has warned the German government against the purchase of Lockheed Martin's F-35...

Lockheed Martin to propose stealthy hybrid of F-22 and F-35 for Japan

TOKYO - U.S. defense contractor Lockheed Martin Corp plans to offer Japan a stealth fighter design based on its export-banned F-22 Raptor and advanced F-35 Lightning II aircraft (stealthy hybrid), two sources said. Lockheed has discussed the idea with Japanese...

Rheinmetall: Partnership with Czech industry for a new Lynx

The Czech armed forces are currently pressing ahead with a far-reaching modernization programme. Among other things, its fleet of BMP-2 infantry fighting vehicles, which dates from the 1980s, is to be replaced with a family of modern systems. Procurement...
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IAI Signs Agreement of Cooperation on UAVs With Romanian Defense Company

Israel Aerospace Industries (IAI) has signed an agreement of cooperation with Romanian defense company IAR-Brasov on UAVs. The cooperation agreement,...
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