Business
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Feb- 2018 -22 February
US approves $259 million sale of 4 King Air 350ER ISR planes to Kuwait
The U.S. Department of State approved the possible $259 million sale of four Sierra Nevada King Air 350ER Intelligence, Surveillance, and Reconnaissance to Kuwait, the Defense Security Cooperation Agency said in a press release.
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21 February
US approves sale of missile launching systems for Finland’s new corvettes
The U.S. Department of State approved the sale of four Mk 41 missile launching systems for Finland's new Squadron 2020 corvettes at an estimated cost of $70 million
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21 February
US approves upgrades worth $1.2 billion to Netherlands AH-64 Apache fleet
The U.S. State Department approved the estimated $1.191 billion sale to the Netherlands of parts and services to upgrade its 28 Apache attack helicopters to the AH-64E configuration
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21 February
Kuwait request for 15 fast patrol boats approved by US
The U.S. Department of State has approved a possible $100 million purchase by Kuwait of 15 fast patrol boats and related equipment, the Defense Security Cooperation Agency said.
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20 February
Sikorsky begins final assembly of first HH-60W Combat Rescue Helicopter
Sikorsky began final assembly of the first HH-60W Combat Rescue Helicopter for the U.S. Air Force in line with the program's accelerated schedule, the company said
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20 February
Brazil receives first of 4 Scorpene submarines from Naval Group
Brazil initiated the S40 Riachuelo, the first of four Scorpene submarines ordered for the Brazilian Navy from France's Naval Group
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19 February
Russia and Saudi Arabia discuss transfer of technology in S-400 missile defense system deal
Russia and Saudi Arabia are discussing transfer of technology and logistics as they finalise the deal for the S-400 air defense missile system, the Saudi Ambassador to Russia said.
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19 February
Russia’s Mikoyan says MiG-35 multi-role fighter jet completes factory trials
Russia's Mikoyan said its MiG-35 low-cost high-function super-maneuverable multirole fighter jet has completed factory trials, paving the way for serial production to begin
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15 February
Russia’s Kalashnikov becomes majority private-owned
Private investors have for the first time gained a majority share of Russia's Kalashnikov arms manufacturer, producer of the famed AK-47 assault rifle, the company said
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15 February
Russia and Indonesia finalize Su-35 contract
Russia and Indonesia finalized a deal for the purchase of 11 Sukhoi Su-35 multirole fighter jets for the Indonesian Air Force, ending more than 2 years of negotiations
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