Northrop Grumman expects multibillion-dollar sales driven by the increased global demand for weapons. During a recent earnings call, Kathy Warden, the defense company’s CEO, told investors that international sales are likely to grow at a faster rate compared to business within the United States. She said the demand in foreign markets for defense products and...
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Author: Elodie Collins (Elodie Collins)
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US Approves Poland’s $1.27B Anti-Radar Missile Purchase Request
The United States has approved the proposed sale of 360 missiles to Poland. According to the Department of State, Oslo requested to purchase Advanced Anti-Radiation Guided Missile Extended Range units and related equipment. The proposed foreign military sale is estimated at $1.27 billion. Northrop Grumman will serve as the principal contractor of the FMS. The AARGM-ER air-to-ground...
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US Army Seeks Tech to Modernize FMS Case Management
The U.S. Army has tasked two industry partners to develop prototypes that would improve foreign military sales processes. The Foreign Military Sales-Army Case Execution System product office under the Program Executive Office Enterprise Information Systems recently kicked off a competitive prototype phase wherein selected vendors will create and demonstrate their proposed technologies to support the FMS community...
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Rocket Lab’s Electron Deploys NASA, South Korean Payloads to Different Orbits
Rocket Lab has deployed NASA and South Korean payloads to two separate orbits. On Wednesday morning, the Electron rocket blasted off from Rocket Lab Launch Complex 1 in Mahia, New Zealand, carrying a nanosatellite developed by the Korea Advanced Institute of Science and Technology. NeonSat-1, an Earth observation nanosatellite, was deployed to a 520-kilometer circular...
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US Expands Export Controls of Technologies to Russia, Iran Following Air Attack on Israel
The United States is expanding its list of items that require a license to be exported to Iran and Russia. On Monday, the Bureau of Industry and Security amended the Export Administration Regulations and added new items to the foreign direct product rules governing the two adversarial nations. FDP rules control the export of materials...
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United Kingdom’s Challenger 3 Main Battle Tank Moves Closer to Full Production
The United Kingdom’s Challenger 3 armored vehicle is almost ready for battle. According to an update from the Ministry of Defence, the latest of the eight Challenger 3 main battle tank prototypes have rolled off from the Rheinmetall BAE Systems Land factory production line. “This tank will be at the heart of the British Army’s...
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European Commission Signs Agreement With European Space Agency to Cooperate on Actions Addressing Critical Global Challenges
The European Commission is joining forces with the European Space Agency to address global challenges with innovative technologies. Timo Pesonen, director-general for defense industry and space, for the EC and Josef Aschbacher, director general of the ESA, signed a collaboration agreement to combine resources and competence to enhance the European capacity to protect critical infrastructure,...
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Anduril Ready to Deliver First Ghost Shark Underwater Drone to Royal Australian Navy; Shane Arnott Quoted
Anduril Australia will deliver a prototype of the Ghost Shark underwater drone to the Royal Australian Navy. Alongside industry partners, Anduril is building the first of three unmanned undersea vehicles co-developed by the Australian Department of Defence under an $89.7 million contract. Shane Arnott, engineering senior vice president at Anduril Industries, noted that up to...
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NATO Meets With Industry Leaders to Discuss Ways to Enhance Maritime Surveillance
NATO met with company leaders in Belgium this week to explore potential collaboration in maritime surveillance. Over 200 representatives from government and industry convened at NATO Headquarters in Belgium to discuss how to better protect vital communications in sea lanes and other infrastructures. The event is part of the military alliance’s Digital Ocean initiative, launched...
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Microsoft Invests $1.5B in Emirati Tech Company G42 to Accelerate AI Innovation in the Middle East
Microsoft is partnering with an Emirati company to develop artificial intelligence for various applications. The Redmond, Washington-based company said it will invest $1.5 billion in g42, an AI company headquartered in Abu Dhabi, United Arab Emirates. Brad Smith, vice chair and president of Microsoft, is joining G42’s board of directors as part of the deal....
