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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Category: Press Releases
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Diehl Lands $650M Latvia Order to Provide Air Defense Missile System
Latvia’s Ministry of Defence has awarded Diehl Defence a $649.7 million purchase order to acquire the IRIS-T SLM medium-range air defense system from the German manufacturer. A framework agreement signed by Latvia and Estonia with Diehl Defence in September supports the arms procurement, the company said. Under the deal, Latvia will also receive the equipment...
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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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Australian Bill Seeks to Tighten Military Tech Transfer to Non-AUKUS Foreigners
Richard Marles, Australia’s minister for defense, has introduced in Parliament proposed legislation to tighten the transfer of military technology to foreign interests except AUKUS allies the United States and the United Kingdom. Marles filed the Defence Trade Controls Amendment Bill 2023 ahead of his U.S. visit to attend the AUKUS Defense Ministers’ Meeting in California. The...
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Airbus Advancing NH90 Sea Tiger Tests After Frigate Chopper’s Maiden Flight for German Navy
Airbus Helicopters is advancing the multirole frigate chopper NH90 Sea Tiger to the qualification phase after the aircraft’s maiden flight at the company’s site in Donauworth, Germany. According to an Airbus press release issued on Thursday, Germany’s Bundeswehr ordered 31 NH90s in 2020 for the German Navy’s shipborne operations. Airbus earlier supplied 18 NH-90 Sea...
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Elbit Partners With Romania’s CN Romarm to Produce ATMOS Howitzers Artillery
Elbit Systems has partnered with S Uzina Automecanica Moreni, a subsidiary of state-owned CN Romarm, to increase artillery production in Romania. The companies have signed a cooperation agreement that will establish the Romanian Artillery Center, which will bolster the domestic industrial base and create the foundation for a stronger sovereign artillery production in the southeastern European nation....
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Spain Inks Purchase Contract for Airbus’ SIRTAP Drones
The Spanish defense ministry has signed a contract for the purchase of Airbus’ tactical SIRTAP unmanned aerial systems. An Airbus press release issued on Wednesday said the purchase order calls for the delivery of a total of nine UAS, with each composed of three unmanned aerial vehicles, plus one ground control station. The ministry said...
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Germany Okays Budget for EW Upgrades on Eurofighter Warplanes
The German Parliament’s budget committee has approved funding to equip its Eurofighter warplanes with electronic combat capability. Airbus, who is building the planes for Germany, said in a press release announcing the development that among the Eurofighter equipment to be provided are Saab’s transmitter location and protection system and Northrop Grumman’s antiradar missiles. The approved...
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Pratt & Whitney Canada Woos Military Customers With New Engine Overhaul Solutions
Pratt & Whitney Canada, an RTX business, has launched new add-ons to its P&WCSMART engine overhaul program, specifically for military users of Bell 212 and Bell 412 helicopters with mature PT6T-3 or PT6T-6 Twinpac engines. According to Irene Makris, Pratt & Whitney Canada vice president of customer service, the new additions to the P&WCSMART portfolio...
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Germany and Israel Finalize Arrow 3 Acquisition
German and Israeli officials, led by Israel Ministry of Defense Director General Eyal Zamir, have signed a final agreement for Germany to acquire the Israeli-manufactured and U.S.-developed Arrow 3 missile defense system. In its announcement via social media, the Israeli Ministry of Defense valued the deal at about $3.6 billion and described the signing as...