The Army has placed a $591.6 million Joint Light Tactical Vehicle (JLTV) order with Oshkosh Defense [OSK], covering deliveries to each of the U.S. military branches as well as Brazil, Lithuania, Montenegro and Slovenia. Oshkosh Defense’s latest JLTV deal includes 1,669 vehicles, of which 125 will ...
International
Collins Aerospace, a business segment of Raytheon Technologies [RTX], this week said it has acquired Dutch Thermoplastics Components (DTC), a developer and manufacturer of thermoplastic parts used mainly on commercial and business jet aircraft and helicopters. Terms of the deal were not disclosed. ...
The Australian ambassador to the U.S. confirmed the new AUKUS nuclear submarines will use Highly Enriched Uranium (HEU) and plan to avoid needing a civilian nuclear industry. “The subs will be using HEU and we’re just working out now the arrangements for what that will mean in practice, but the ...
President Biden addressed strategic stability risks in his virtual meeting Monday with his Chinese counterpart Xi Jinping, according to a senior administration official, with the two leaders agreeing to hold further discussions on the issue. National Security Adviser Jake Sullivan said on Tuesday ...
The U.S. Department of Treasury and Israel’s Ministry of Finance on Sunday established a bilateral partnership that will focus on protecting financial infrastructure and countering ransomware, part of the Biden administration’s push to strengthen international cooperation in combatting ...
BAE Systems last Thursday said it has agreed to acquire Bohemia Interactive Simulations (BISim), a developer of simulation training solutions for military organizations. Terms of the deal, which requires regulatory approval, were not disclosed. BISim is currently owned by the investment firm ...