International
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InternationalLockheed Martin Wins $366 Million South Korea Aegis Contract
The Naval Sea Systems Command (NAVSEA) awarded Lockheed Martin [LMT] a $366 million contract to build and integrate DDG Aegis Weapon System baseline K2 into South Korea ships. Under the […]
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Business/FinancialThales, Verint Team On Cyber Threat Intelligence
France’s Thales Group and U.S.-based Verint Systems [VRNT] on Monday said they have formed a strategic partnership to provide comprehensive cyber threat intelligence services. The partnership aims to provide services […]
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InternationalBelgium Picks F-35 Over European Options for Future Fighter
Belgium has chosen Lockheed Martin’s [LMT] F-35 Joint Strike Fighter for its next fighter aircraft over several potential European options, becoming the 13th country to select the fifth-generation platform. The […]
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Navy/USMCFrance Starts Study For Next Aircraft Carrier
France’s defense minister said Tuesday the government is starting an 18-month period to study a successor to its Charles de Gaulle aircraft carrier. Florence Parly, French Minister of the Armed […]
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Business/FinancialFincantieri And Naval Group Sail To Naval Joint Venture
Italy’s Fincantieri and France’s Naval Group said this week they will launch an alliance to incorporate a 50-50 joint venture to compete for European naval competitions. The two companies are […]
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CongressBipartisan House Bill Pushes to End Arms Sales to Saudi Arabia
A bipartisan House bill announced Oct. 23 aims to prohibit military sales and aid to Saudi Arabia, effectively immediately. Rep. James McGovern (D-Mass.) is sponsoring a new bill co-signed by […]
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Navy/USMCRaytheon Delivers RAM to Mexico, South Korea Tests SM-2
Raytheon [RTN] delivered its first Rolling Airframe Missile (RAM) launcher to Mexico this week and saw its Standard Missile-2 destroy aerial test threats in summer South Korean exercises, the company […]
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Navy/USMCSaab And Damen Reveal Details Of Dutch Sub Offering
Sweden’s Saab and the Netherlands’ Damen Shipyards revealed details on Tuesday about their offering for the Netherlands Walrus Replacement Program (WRES). The Royal Netherlands Navy currently has four Walrus-class expeditionary […]
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InternationalPence Condemns ‘Tragic Murder’ of Saudi Journalist, Says Sanctions Are Up to Trump
Vice President Mike Pence said the U.S. government is working to obtain all the facts related to the murder of Saudi native and U.S. resident Jamal Khashoggi earlier this month, […]
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InternationalCanada Chooses Lockheed Martin Type 26 Team For New Naval Ship
Canada selected the Lockheed Martin [LMT]-led team offering the Type 26 ship as its preferred bidder for the Royal Canadian Navy’s next naval ship, the Canadian Surface Combatant (CSC). Lockheed Martin […]