International News
Saudi Arabia Invests $714 Million in Boeing’s Stock
2020-05-21 Read More...The Saudi sovereign-wealth fund bought big stakes in Boeing and other U.S. tech, bank and travel stocks during Q1 as the Kingdom continues to diversify its investments outside energy by looking for bargains amid the coronavirus pandemic, Investor’s
Naval Group Starts Construction of French Navy’s First Replenishment Vessel
The first steel plate of the hull of the first of the four new Bâtiments Ravitailleurs de Force (BRF) – replenishment vessels – of the French Navy has been cut Monday during a ceremony held in the machining workshop of Chantiers de l’Atlantique, in
Patria, U.S. Army to Study Capabilities of Patria Nemo 120 mm Mortar System
The U.S. Army’s Combat Capabilities Development Command Armaments Center and Patria have signed a Cooperative Research and Development Agreement (CRADA) to determine feasibility of incorporating a turreted, breech-loaded 120 mm mortar weapon system
U.S. Navy Orders Boeing Cruise Missiles, Receives 100th P-8A Poseidon
The U.S. Navy has awarded Boeing a combined $3.1 billion in contracts for Harpoon and Standoff Land Attack Missile Expanded Response (SLAM ER) weapon systems in support of Foreign Military Sales (FMS). About $2.6 billion of that was contracted today
Safran Signs Local Subcontracts for Australia’s Future Submarines
Safran Electronics & Defense Australasia Pty Ltd has recently signed subcontracts with two Australian companies as a part of its commitment to Australian Industry Capability. Acacia Research and Thomas Global Systems will design aspects of
Meggitt to Supply Additional Wireless Virtual Weapons to US Marine Corps
Meggitt Training Systems announced it has been awarded a $2.6 million contract for additional BlueFire® wireless virtual weapons to be used by the US Marine Corps on its Indoor Simulated Marksmanship Trainer (ISMT), also delivered by the company as
Airbus Wins Satellite Communications Contract from European Defence Agency
Airbus has won the new satellite communications framework contract for military and civil missions of the European Union and its member states. This four-year framework contract was awarded by the European Defence Agency (EDA) and is estimated to be
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