Procurement & Contracts - Weeklydefencenews

October 23, 2024
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Missile and Missile Defense

Australia announces $4.7 billion agreement to buy US air defense missiles.

This week, Australia confirmed a $4.7 billion purchase of American SM-2 and SM-6 missiles, considered two of the world’s most advanced air defense interceptors, as part of a major...

October 23, 2024
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Air Platforms

F-35 Modernization and Contract Setbacks Squeeze Lockheed’s Finances

According to Lockheed Martin executives on an earnings call, the company expects to sign a contract with the U.S. government for the 18th and 19th F-35 lots by the...

October 22, 2024
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Land Platforms

India Unveils Fourth Nuclear Submarine Quietly; Ex-Project Director Labels First Submarine a “Historic Landmark”

India has quietly introduced its fourth locally constructed nuclear-powered ballistic missile submarine, codenamed S-4*, which can launch nuclear missiles. The first indigenous SSBN was launched in 2009 and commissioned...

October 21, 2024
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Unmanned Systems

Turkey Set to Donate a Considerable Number of Kamikaze Drones to Albania

Turkey will supply Albania with a “significant number” of loitering munitions, emphasizing their closer ties. The donation is not intended as an aggressive act. Details on the exact quantity,...

October 21, 2024
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Unmanned Systems

Poland to Upgrade Bayraktar TB2 Drone Functionality With Latest Contract

Through a new logistical and service support contract with Turkish company Baykar, Poland aims to upgrade the operability of its 24 Bayraktar TB2 drones. The NATO Support and Procurement...

October 20, 2024
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Unmanned Systems

India Achieves Major Leap in Intelligence, Surveillance, and Reconnaissance

The Kargil conflict of 1999 revealed India’s surveillance weaknesses in the operational zone. Enemy positions were slow to be identified. In a creative move, a young IAF pilot used...

October 18, 2024
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Naval Platforms

HD Hyundai Heavy Industries kicks off construction of the final next-gen Aegis destroyer.

HD Hyundai Heavy Industries confirms it has started building the last of three next-generation Aegis destroyers for South Korea’s Korean Air and Missile Defense (KAMD) system. The third ship’s...

October 18, 2024
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Land Platforms

Poland’s Artillery Units Receive New Homar-K Chunmoo Multiple Rocket Launchers from South Korea

Four Homar-K launchers have been delivered to Poland as part of a 218-module order signed in 2022. This forms part of Poland’s ongoing artillery modernization, in partnership with international...

October 18, 2024
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Land Platforms

Saudi Arabia Looks to Increase Local Helicopter Production in Cooperation With Leonardo

Saudi Arabia and Leonardo are discussing expanding their partnership by localizing helicopter component manufacturing. The deal would also include developing maintenance and repair services, as well as producing spare...

October 18, 2024
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Communication and Electronic

US Clears $1.42 Billion L3Harris Radio Sale to the Netherlands

The US State Department has given the green light for a $1.42 billion sale of L3Harris portable radio equipment and accessories to the Netherlands. Amsterdam intends to buy five...