« Archive »

DDI for Fri. March 30, 2018, Vol. 20, Issue 13

Poland And U.S. Sign $4.75 Billion Agreement For Patriot Missile Defenses

Poland signed a Letter of Offer and Acceptance (LOA) to buy Raytheon’s [RTN] Patriot air and missile defense system, interceptors, and a battle management system for upward of $4.75 billion during an event on March 28.Polish Defense Minister Mariusz Blaszczak signed the LOA with President Andrzej Duda, Prime Minister Mateusz Morawiecki, National Security Bureau head Pawel…

Lockheed Martin Unveils South Korea’s First F-35

The first of 40 F-35A Lightning IIs that are being built for South Korea made its public debut March 28 during a rollout ceremony at Lockheed Martin’s [LMT] fighter jet plant in Fort Worth, Texas.The conventional-takeoff-and-landing variant will be sent to Luke Air Force Base in Arizona, where Republic of Korea Air Force (ROKAF) pilots and maintainers will…

MBDA Wins $566 Million U.K. Contract To Extend Brimstone Missile Life Past 2030

The United Kingdom awarded MBDA a $566 million contract to extend the service life of the Brimstone air-to-surface missile through the capability sustainment program (CSP), the company said March 27.Through the CSP effort, MBDA will build new Brimstone air-to-surface missiles for U.K. Armed Forces to replenish the military’s inventory. The company noted this effort is expected to…

UK Eyes Cutting F-35 Sustainment Costs

The United Kingdom is looking for ways to drive down the cost of operating and sustaining its F-35 Joint Strike Fighter fleet now that the program is transitioning from its initial development phase to significant production quantities, a UK defense official said March 27.“We must maintain an absolutely laser-like focus on keeping those costs down,”…

Boeing HorizonX Invests In Australian Satellite Communications Firm

Boeing [BA] on March 26 said its HorizonX ventures arm has made an investment in a small Australian company focused on nanosatellite communications for remote areas.Boeing doesn’t disclose the specifics of its HorizonX investments other than to say they range in the singled millions of dollars to the low double-digit millions of dollars. For the investment…