International
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Business/FinancialLockheed Martin Carves Out $100 Million For Venture Fund In UK, Europe
Lockheed Martin [LMT] will dedicate $100 million of its venture capital fund to investments in the United Kingdom and Europe, tapping into an emerging innovation ecosystem that in turn can […]
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InternationalEuropean Companies To Jointly Develop New Missile Defense Interceptor
Airbus Defense and Space, the Netherlands’ Destinus, MBDA Deutschland, France’s Safran Electronics & Defense, and Thales on July 14 signed a letter of Intent (LOI) to establish a new consortium […]
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Air ForceBAE Systems To Furnish EPAWSS For F-15K Fighters
BAE Systems said on Monday that it has received a Boeing [BA] contract to provide the AN/ALQ-250 Eagle Passive Active Warning Survivability System (EPAWSS) for Republic of Korea Air Force […]
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InternationalTrump Says U.S. Will Grant Ukraine License To Build Patriot Interceptors
President Donald Trump said Wednesday the U.S. will allow Ukraine to build its own interceptors for the Patriot air defense system. “One of things we’re going to be talking about […]
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InternationalUK Plans To Join U.S. Army’s PrSM Program, Will Invest $254 Million
The United Kingdom announced on July 7 it intends to join the U.S. Army’s Precision Strike Missile (PrSM) program, with plans to invest $254 million into buying the Lockheed Martin […]
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InternationalRaytheon Working With European Firms To Build Stingers In Netherlands, Double Production Capacity
RTX [RTX] has said its Raytheon business is working with Diehl Defence and other European partners to establish Stinger missile manufacturing capacity in the Netherlands, with an aim to double […]
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Air ForceNATO To Buy Up To 10 Saab GlobalEye Aircraft To Help Replace Alliance’s AWACS Fleet
NATO is to buy up to 10 GlobalEye aircraft by Sweden’s Saab that may replace nearly all of the alliance’s aging 14 Boeing [BA] E-3 Airborne Warning and Control System […]
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InternationalRaytheon Qualifying More European Suppliers for AMRAAM, Company Says
In a bid to boost production of the AIM-120 Advanced Medium-Range Air-to-Air Missile (AMRAAM), RTX‘s [RTX] Raytheon is qualifying more European suppliers for the missile, the company said on Tuesday […]
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InternationalTrump Will ‘Consider’ Turkey Rejoining F-35 Program, Says U.S. Will Lift Sanctions
President Donald Trump on Tuesday said he will consider allowing Turkey to rejoin the F-35 program and added the U.S. will lift sanctions on the country that were placed after […]
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InternationalLockheed, Rheinmetall Sign Agreement To Work On ATACMS Co-Production In Germany
Lockheed Martin [LMT] and Germany’s Rheinmetall signed an agreement on Tuesday to move toward co-production of the Army Tactical Missile System (ATACMS) guided weapon. The deal involves establishing an ATACMS […]