Business/Financial

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 […]

Kuwait has requested a possible $1.36 billion sale of 80 PAC-3 missiles, PAC-2 missile upgrades to GEM (Guidance Enhanced Missile)-T, and Patriot ground support equipment upgrades as well as associated […]