International
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InternationalState Department Approves $2.8 Billion Sale Of 12 F-35Bs To Singapore
The State Department approved a possible Foreign Military Sale (FMS) of up to 12 F-35B Joint Strike Fighters to Singapore for $2.75 billion this week. The Defense Security Cooperation Agency […]
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Business/FinancialLockheed Martin Invests In Canadian Imaging Company
Lockheed Martin [LMT] has made a $4 million investment in Canadian imaging company PV Labs as part of an earlier deal requiring the U.S. defense giant to invest in Canadian […]
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InternationalU.S. Early Warning System Helped Protect Troops from Iran Strike on Iraqi Bases
U.S. forces were able to seek protection before a series of ballistic missiles struck two Iraqi bases Jan. 7 thanks to an American early warning system, President Trump said Wednesday. […]
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InternationalBAE Systems Conducts First Long-Range Anti-Tank Missile Test With CV90
BAE Systems has successfully completed the first long-range anti-tank guided missile test with its CV90 Infantry Fighting Vehicle firing Spike missiles during a series of tests in December, the company […]
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Business/FinancialMaxar To Sell MDA To Private Equity Firm For $765 Million
Earth imagery and space technology company Maxar Technologies [MAXR] last week said it has agreed to sell its Canadian-based MDA to a consortium of financial sponsors led by Northern Private […]
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Business/FinancialAvon Rubber Completes Acquisition Of 3M’s Ballistic Protection Business
Britain’s Avon Rubber plc on Thursday said it has completed its $91 million acquisition of 3M’s [MMM] advanced ballistic protection business, including the Ceradyne brand, positioning it in the U.S. […]
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InternationalLockheed Wins $1.96 Billion Saudi MMSC DD&C Contract
Lockheed Martin [LMT] won a $1.96 billion modification for the detail design and construction (DD&C) of four Multi Mission Surface Combatant (MMSC) ships for Saudi Arabia. The MMSC is based […]
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InternationalEmbraer and Brazilian Air Force to Study Joint Development of Hybrid-Electric Military Aircraft
Embraer and the Brazilian Air Force (BAF) signed an MoU to study the potential development of a hybrid-electric military aircraft for light transport applications. After receiving the first Embraer KC-390 […]
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InternationalState Department Approves $78 Million Deal With Argentina For P-3C Aircraft
The State Department has approved a potential $78 million deal with Argentina for four Lockheed Martin’s [LMT] P-3C maritime surveillance aircraft. The Defense Security Cooperation Agency on Thursday notified Congress […]
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ArmyOshkosh Receives $804 Million JLTV Order, Includes 30 Vehicles To Montenegro
Oshkosh Defense [OSK] on Tuesday evening received an $804 million order to deliver Joint Light Tactical Vehicles (JLTV) for the Army, Marine Corps, Air Force, Navy, as well as the […]