International
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Army
Army Under Secretary Working To Secure Chinook Deals With U.K., UAE
Army Under Secretary Ryan McCarthy is working to secure new deals for the CH-47 Chinook with the U.K. and the United Arab Emirates that he said would assist the Boeing […]
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Congress
Senate Votes To Block Saudi Arms Deal, Facing Potential White House Veto
The Senate on Thursday voted to block the administration’s planned $8.1 billion in arms deals with Saudi Arabia, Jordan and the United Arab Emirates, with the White House announcing its […]
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Army
Textron to Deliver Aerosonde HQ Drones to Army for FTUAS Testing
PARIS AIR SHOW–In the coming months, Textron Systems [TXT] is to deliver its Aerosonde HQ vertical take-off and landing drone to the U.S. Army as part of the service’s Brigade […]
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Homeland Security
Senate Panel Hears About Supply Chain Security Risks From China’s Dominance Of Small Drone Market
China’s dominance of the small drone market, particularly in the U.S., raises a slew of risks related to how the technology is used, where the sensor data collected by the […]
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International
Pentagon Announces $250 Million In Security Assistance Funding To Ukraine
The Pentagon announced plans Tuesday to provide $250 million in funding to Ukraine to assist with additional training, equipment and advisory efforts for the country’s military. The latest funds cover […]
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International
L3 Joint Venture With Saudi Arabian Company ‘Key Milestone’ in L3 International Growth Plan, CEO Says
PARIS AIR SHOW—L3 Technologies [LLL] is to help Saudi Arabian Military Industries (SAMI) develop electro-optical and infrared sensors and special mission systems for use by the Kingdom of Saudi Arabia […]
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International
Sikorsky Looks To German and Israeli Heavy Lift Competitions
PARIS AIR SHOW–Germany is expected to release its RFP for a heavy lift helicopter competition this summer, and Sikorsky [LMT] officials consider the opportunity a major one for the company’s […]
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International
Dassault Unveils Future Combat Air System Mock Up
PARIS AIR SHOW—Dassault Aviation unveiled a mock up of the Future Combat Air System on June 17 here, as government and company officials signed an FCAS Industry Agreement on Demonstrator […]
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Business/Financial
Fincantieri and Naval Group Sign Joint Venture Agreement
France’s Naval Group and Italy’s Fincantieri signed a joint venture agreement on June 14 that delineated the terms of incorporation for a new 50/50 owned company. The companies signed an […]
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Business/Financial
Boeing Estimates Global Defense And Space Market Of $2.5 Trillion Through 2028
Boeing [BA] projects that the global market for defense and space opportunities over the next decade will be worth $2.5 trillion, part of an $8.7 trillion forecast for the overall […]