Business

US approves $2.6 billion sale to South Korea of P-8A patrol planes and Patriot missiles

The US State Department has approved the sale to South Korea of six P-8A Poseidon patrol aircraft and 64 Patriot missiles at an estimated cost of $2.6 billion

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US Army awards Lockheed $50 million for Joint Air-to-Ground Missile procurement

Lockheed Martin has been awarded an almost $50 million US Army contract for the procurement of Joint Air-to-Ground Missiles, the Department of Defense said

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Boeing awarded $14 million contract for Small Diameter Bomb glide bombs

Boeing has been awarded a $14 million contract for GBU-39 Small Diameter Bomb glide bombs by the US Air Force, a US Department of Defense release said

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US Air Force awards Sierra Nevada $1.8 billion Afghanistan A-29 Super Tucano contract

Sierra Nevada was awarded a potential $1.8 billion contract for the procurement and sustainment of A-29 Super Tucano light attack aircraft for Afghanistan's air force

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Leidos awarded $27 million US Army contract for Saturn Arch ISR aircraft

Leidos was awarded a $26,798,950 US Army contract for Saturn Arch Quick Reaction Capability aircraft, the US Department of Defense said

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India approves $6.6 billion procurement of helicopters, artillery and missile systems

India's Defence Acquisition Council approved the procurement of helicopters, artillery and missile systems for a total of $6.6 billion, the Ministry of Defence said

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Bell to build 29 AH-1Z Viper helicopters for US Marine Corps

Bell Helicopter was awarded a nearly $510 million contract to manufacture 29 AH-1Z Viper helicopters for the US Marine Corps, the Department of Defense said

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Insitu awarded RQ-21 Blackjack drone contract for US Marines and Poland

Boeing subsidiary Insitu was awarded an almost $54 million contract for RQ-21 Blackjack drones for the US Marines and Poland

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Switzerland most transparent small arms exporter, Iran, DPRK and UAE most opaque

Small Arms Survey reveals Switzerland was the most transparent authorized small arms exporter in 2015, followed by the Netherlands, the UK, Italy, and Serbia

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Australia signs €2 billion contract with Rheinmetall for 211 Boxer wheeled armored vehicles

Germany's Rheinmetall announced that it secured a €2.1 billion (Au$3.3 billion) contract to supply Australia with 211 Boxer wheeled armored vehicles

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