International
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Business/FinancialArsenault To Take Top Job At BAE’s U.S.-Based Company Next Year
BAE Systems, Inc. on Tuesday said that CEO Jerry DeMuro will step aside next April 1 and be succeeded by Tom Arsenault, the current president and chief operating officer (COO) […]
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InternationalPentagon Agrees To Sell 12 Helicopters To Czech Republic For $640 Million
The Pentagon has agreed to a $640 million deal with the Czech Republic to sell 12 U.S-made helicopters to the country, according to a press pool report. Defense Secretary Mark […]
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ArmyArmy To Test Rheinmetall’s StrikeShield Active Protection System In 2020
Germany’s Rheinmetall said Tuesday the Army will test its StrikeShield active protection system beginning next October, as the service continues its search for anti-missile protection capabilities for its vehicle fleet. […]
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InternationalGlobal Defense Spending Expected To Continue Rising Through 2023, Deloitte Says
Global defense spending is expected to increase between 3 and 4 percent in 2020 and about 3 percent annually between 2019 and 2023, according to a new report from the […]
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Business/FinancialMBDA To Acquire Airbus Simulation Company GDI
European missile company MBDA on Thursday said it has agreed to acquire Airbus Group’s ground vehicle and missile simulation business. Terms of the deal were not disclosed. GDI Simulation is […]
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InternationalState Department Approves $4.25 Billion Apache Helicopter Deal With Morocco, $1.4 Billion For C-130Js To New Zealand
The State Department has approved a $4.25 billion deal with Morocco for 36 Apache helicopters and the sale of five C-130J transport aircraft to New Zealand for $1.4 billion. Defense […]
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InternationalState Department Approves $1 Billion Sale of 13 MK 45 Naval Guns To India
The State Department recently approved a possible $1.02 billion Foreign Military Sale (FMS) to India of up to 13 MK 45 5 inch/62 caliber Mod 4 naval guns. The Defense […]
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InternationalSaab Announces UAE’s Plan To Buy Two More GlobalEye Aircraft For $1 Billion
Sweden’s Saab said Tuesday that the United Arab Emirates plans to buy two more of the company’s GlobalEye airborne early warning aircraft, with the deal potentially valued around $1 billion. […]
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Business/FinancialBoeing, Embraer Rebranding Its Multi-Mission Aircraft As The C-390 Millenium
Boeing [BA] and Brazil’s Embraer [ERJ] on Monday announced the name of their defense joint venture, which is expected to receive regulatory approval in early 2020, and which will sell […]
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InternationalBAE Systems Receives $71 Million To Deliver Missile Warning Systems For Aircraft To Four Countries
BAE Systems said Monday the company has received $71 million in foreign military sales to deliver missile warning technology for aircraft to the Netherlands, Spain, United Kingdom and United Arab […]