Business/Financial

By Calvin Biesecker United States aerospace sales will continue to increase this year and next, and the expansion will continue to rest largely on the civil aircraft market, the Aerospace […]

Leo Motors Inc. (LEOM) announced it has delivered an advanced working prototype electric multipurpose strategic vehicle/tank to Hyundai Rotem, one of the largest companies in the Korean defense industry. The […]

By Michael Sirak and Jen DiMascio The U.S. military’s global transport network needs to grow from it’s current east-west orientation to a more robust en-route infrastructure that can move personnel […]

The United Kingdom’s Ministry of Defence awarded Lockheed Martin [LMT] a $4.8 million contract to procure additional Desert Hawk III Unmanned Aircraft Systems (UAS), the company said Nov. 28. With […]

By Geoff Fein The drop in attacks on Marines in Iraq has in part led the service to re-examine the number of Mine Resistant Ambush Protected (MRAP) vehicles it will […]

General Dynamics [GD] United Kingdom Limited subsidiary yesterday announced it is collaborating with the University of the West of England (UWE), the Imperial College London, the Home Office Scientific Development […]

Boeing [BA] and Northrop Grumman [NOC] yesterday announced their interest in winning the Air Force’s multibillion contest to provide contractor logistics support (CLS) to the service’s KC-10 tanker aircraft as […]

The German Ministry of Defence has tapped Krauss-Maffei Wegmann GmbH & Co. KG (KMW) under an approximately $46.4 million deal to supply 10 new Fennek reconnaissance vehicles to the armed […]

By Ann Roosevelt The Army is ready to order as many as 30 war replacement AH-64D Apache Longbow aircraft. Army Aviation and Missile Command has issued a solicitation limited to […]

The United Arab Emirates is looking to spend upward of $9 billion to buy 288 Patriot Advanced Capability-3 (PAC-3) missiles as well as associated equipment and services, the Defense Security […]