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Defense Daily International

NATO To Sign Cyber Agreements, Announce Nearly $1 Billion In New Defense Work At Berlin Conference

NATO is set to preview nearly $1 billion in new contract opportunities and sign four bilateral cyber threat information sharing agreements with international industry partners at its upcoming defense conference in Berlin the week of May 21.Officials at NITEC 18, organized by NATO’s Communication and Information (NCI) Agency, will provide an overview of the alliance’s…

GAO Finds Ballooning Foreign Military Sales Admin Costs

A new Government Accountability Office (GAO) report found Foreign Military Sales (FMS) program administrative account balances have ballooned over the past decade by an order of magnitude due to insufficient management controls.The office found that the administrative account for FMS in the Defense Security Cooperation Agency (DSCA), which manages FMS, grew from $391 million in…

Israel’s Rafael Signs Agreement With Romanian Defense Industry To Support New Programs

Israeli defense company Rafael has signed a new partnership agreement on May 16 with the Romania’s Romaero to bolster recently approved defense programs for the Romanian Army.Rafael will assist the state-owned Romaero on Romanian defense acquisition programs, including work on air defense systems and production of Spike missiles.“Romania’s increase in defense spending brings unprecedented opportunities…