Saab has received a $76.2 million contract to provide support services for South Korea’s Arthur mobile weapon locating systems. Signed with the South Korean Defense Acquisition Program Administration, the five-year deal also requires the Swedish defense company to deliver spare parts for Arthur. According to Carl-Johan Bergholm, head of surveillance business at Saab, the agreement...
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Category: Asia
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QinetiQ in Exploratory Talks to Support South Korean Aircraft Programs
QinetiQ is in exploratory discussions to explore new opportunities in the Korea Aerospace Industries’ aircraft program such as developing advanced data processing methods. QinetiQ said the collaborative effort will also study the application of its testing, trials, training and evaluation expertise to support the aerospace and defense company’s projects. According to KAI President Kang Goo-young,...
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US Issues New Sanctions on Entities Associated With North Korea
The Department of the Treasury has issued new sanctions against foreign-based agents of North Korea, officially the Democratic People’s Republic of Korea. According to the Treasury’s Office of Foreign Assets Control, Green Pine is responsible for about half of the North’s arms and related materiel exports. Green Pine is controlled by the DPRK’s Reconnaissance General Bureau. It...
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Embraer Wins South Korean Supply Contract for C-390 Millennium Transport Plane
South Korea’s Defense Acquisition Program Administration has selected Embraer’s C-390 Millennium as the new military transport aircraft for the Republic of Korea Air Force. As the winner of DAPA’s Large Transport Aircraft II public tender, Embraer will deliver C-390s tailor-fit to ROKAF’s specifications, along with services and support, such as crew training and supply of...
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SIPRI: US Remains World’s Top Arms Supplier, But Production Issues Cut Revenues
The United States continued to dominate the list of the world’s top 100 arms and military services companies, accounting for 51 percent of the sector’s $597 billion revenue in 2022. According to new data from the Stockholm International Peace Research Institute, the 42 U.S. defense companies on the list saw supply chain, labor shortage and...
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Poland Adds $2.6B Worth of K9 Self-Propelled Howitzers From Hanwha
Poland is acquiring over 150 more K9 Thunder self-propelled howitzers from South Korea. On Friday, Poland’s State Armament Agency said it signed a contract valued at $2.6 billion with South Korean defense company Hanwha Aerospace for the 155 mm artillery. The agreement includes six self-propelled K9 howitzers that Hanwha Defense is scheduled to deliver in 2025 and 146...
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US Imposes New Round of Sanctions on Russian Federation Procurement Agent
The Department of the Treasury’s Office of Foreign Assets Control has imposed new sanctions on a Belgian businessman and his companies for the export of electronics in support of the Russian military. According to OFAC, Hans De Geetere serves as a director of several companies in Belgium, Cyprus and the Netherlands. He is a long-time...
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US Eases Some Security Controls on Exports to Allies
The U.S. Department of Commerce’s Bureau of Industry and Security has eased some export license requirements and expanded export license exceptions for key U.S. allies. One of the BIS measures released on Thursday removes export curbs on certain pathogens and toxins of interest to Australia Group member countries but are not under Chemical Weapons Convention...
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Defense Allies Meet in Berlin to Discuss Advancing Space Collaboration
The Department of Defense attended the Combined Space Operations Initiative Principals Board meeting in Berlin, Germany, where participants discussed opportunities to advance operational cooperation and information sharing in space. The event brought together top defense officials from the United States, Australia, Canada, France, Germany, New Zealand and the United Kingdom. For the 2023 edition, CSpO...
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US, Singapore Seek to Resolve Supply Chain Disruptions Threatening Defense Capabilities
The Department of Defense has signed an agreement with Singapore to address supply chain challenges better. Under the security of supply arrangement, the DOD and the Singapore Ministry of Defense will collaborate to meet their critical defense needs mutually. The bilateral deal will also enable the agencies to resolve disruptions threatening defense capabilities and promote...