Business

Qatar cleared for $3 billion purchase of 24 Boeing AH-64E Apache attack helicopters

The US approved the sale of 24 AH-64E Apache attack helicopters to Qatar at an estimated cost of $3 billion, the DSCA said

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France will send new arms shipment to Saudi Arabia, Parly says

French defense minister Parly confirmed that a new shipment of weapons will go to Saudi Arabia, despite claims Riyadh is using the arms in the Yemen war

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Czech Republic cleared to buy UH-60M Black Hawk or AH-1Z Viper helicopters

The US State Department approved the sale to the Czech Republic of either 12 UH-60M Black Hawk helicopters or four AH-1Z plus UH-1Y utility helicopters

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EU extends Myanmar arms sales embargo

The European Union extended a ban on selling arms to Myanmar and prolonged sanctions against high-ranking officials over human rights violations

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Trump says US will revoke UN Arms Trade Treaty

President Donald Trump said the US would not abide by a UN treaty aimed at regulating the global conventional arms trade, calling it an encroachment on sovereignty.

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Poland to acquire 4 Leonardo AW101 maritime multirole helicopters for €380 million

Italy's Leonardo was awarded a €380 million contract to supply four AW101 maritime multirole helicopters to the Polish Navy, the company said

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Lockheed awarded $723 million Hellfire missile contract for France, Lebanon and the Netherlands

Lockheed Martin was awarded a $723 million contract modification to provide Hellfire missiles for France, Lebanon and the Netherlands

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Raytheon reports $6.7 billion in net sales for first quarter 2019

Raytheon reported a 7.4% increase in net sales for the first quarter 2019 and a 23% rise in continuing operations income

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Nigeria A-29 Super Tucanos to be based at Kainji in Niger state

Nigerian Air Force A-29 Super Tucanos look set to be based at Kainji, and the service says it expects the aircraft to be inducted in 2020

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Boeing first-quarter defense revenue increases 2% on higher volume

Boeing posted first-quarter 2019 results, reporting a 2% revenue increase in its defense division marked by US and foreign military contracts

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