:

Business/Financial

Saab Wins $21 Million Contract To Provide Training System To Austrian Army

Tuesday, September 29th, 2015

SHARE:

Saab Wins $21 Million Contract To Provide Training System To Austrian Army

Saab AB was awarded a contract worth over $21 million by the Austrian Federal Ministry of Defence to supply a new advanced training system for the Austrian Army, the company said Tuesday.The contract includes Saab’s next generation of soldier training systems with new add-on equipment that is meant to extend the current system.Saab highlighted Austria previously purchased simulation systems from the company for its tanks, anti-tank weapons, and soldiers. Under the contract, the company will also deliver a mid-life upgrade…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]