Business

Romania Selects Rheinmetall Lynx IFV in $3B Procurement 

Romania has selected Rheinmetall’s Lynx infantry fighting vehicles to equip its army in a procurement estimated at $3.04 billion.

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Northrop, Hanwha Explore Solid Rocket Booster for AReS Strike System

Northrop Grumman and Hanwha Aerospace signed a memorandum to jointly develop a solid rocket booster for the Advanced Reactive Strike program.

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India Unveils Indigenous Armored Platform as Potential BMP-2 IFV Replacement

India has unveiled an armored vehicle intended as a potential replacement for the Indian Army’s fleet of BMP-2 infantry fighting vehicles.

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Babcock, Toyota Pitch Modular GLV to Replace British Army Land Rovers

Babcock has partnered with Toyota to offer a replacement for the British Army’s outgoing Land Rover fleet.

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Brazil Moves to Double Tamandaré Frigate Fleet With New Agreement

Germany and Brazil have signed an agreement to procure an additional four Tamandaré-class frigates for the Brazilian Navy.

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US Invests in F-35 Test Fleet to Fast-Track Future Upgrades

The US Department of Defense has awarded Lockheed Martin a $177M contract modification to construct three F-35 flight sciences test aircraft.

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US Navy Contracts Castelion to Integrate Hypersonic Missile Onto F/A-18

The US Navy has awarded Castelion a $105-million contract to continue efforts to integrate its Blackbeard hypersonic missile with the F/A-18.

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L3Harris Missile Unit Secures $1B Pentagon Investment Ahead of Public Listing

The US Department of Defense has completed a $1-billion investment to expand L3Harris Technologies’ Missile Solutions segment, boosting production of key missile components and preparing the firm for a stock market debut later this year.

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Ukraine Pushes for Sovereign Satellite Communication Capability  

GomSpace and Stetman have signed an agreement to jointly develop dual-use, sovereign satellite communications capabilities for Ukraine.

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Germany Awards Rheinmetall Multi-Billion-Euro Framework Contract for FV-014 Drones

Germany has awarded Rheinmetall a multi-billion-euro framework contract to supply FV-014 autonomous reconnaissance and strike drones.

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