Defense News
thyssenkrupp Marine Systems to Acquire Oceana Shipyard in Brazil
2020-05-26 Read More...thyssenkrupp Marine Systems (Kiel, Germany) has signed a contract to acquire the Oceana shipyard in Brazil (Itajaí, state of Santa Catarina). The seller is Aliança S.A., a company owned by CBO Group (Rio de Janeiro, Brazil), a leader in offshore
China’s Defense Budget to Hit US$ 179 Billion in 2020
China, the second-largest military spender after the US, has hiked its defense budget from last year’s 177.6 billion to US$ 179 billion - nearly three times that of India, the lowest increment in recent years apparently due to the heavy disruption
KMW, Nexter, Rheinmetall to Embark on Initial MGCS Architecture Study
Standing for Main Ground Combat System, MGCS is a joint Franco-German defense project. The program, to be implemented under German political leadership, is tasked with developing a main combat system to succeed the Bundeswehr’s Leopard 2 and the
Lockheed Martin Taking Proactive Measures to Mitigate COVID-19 Impacts to F-35 Production
In response to previously reported COVID-19 F-35 supplier delays, Lockheed Martin) is taking proactive measures to mitigate impacts and position the program for the fastest possible recovery by adjusting work schedules, maintaining specialized
Saudi Arabia Invests $714 Million in Boeing’s Stock
The Saudi sovereign-wealth fund bought big stakes in Boeing and other U.S. tech, bank and travel stocks during Q1 as the Kingdom continues to diversify its investments outside energy by looking for bargains amid the coronavirus pandemic, Investor’s
Naval Group Starts Construction of French Navy’s First Replenishment Vessel
The first steel plate of the hull of the first of the four new Bâtiments Ravitailleurs de Force (BRF) – replenishment vessels – of the French Navy has been cut Monday during a ceremony held in the machining workshop of Chantiers de l’Atlantique, in
Patria, U.S. Army to Study Capabilities of Patria Nemo 120 mm Mortar System
The U.S. Army’s Combat Capabilities Development Command Armaments Center and Patria have signed a Cooperative Research and Development Agreement (CRADA) to determine feasibility of incorporating a turreted, breech-loaded 120 mm mortar weapon system
U.S. Navy Orders Boeing Cruise Missiles, Receives 100th P-8A Poseidon
The U.S. Navy has awarded Boeing a combined $3.1 billion in contracts for Harpoon and Standoff Land Attack Missile Expanded Response (SLAM ER) weapon systems in support of Foreign Military Sales (FMS). About $2.6 billion of that was contracted today
Safran Signs Local Subcontracts for Australia’s Future Submarines
Safran Electronics & Defense Australasia Pty Ltd has recently signed subcontracts with two Australian companies as a part of its commitment to Australian Industry Capability. Acacia Research and Thomas Global Systems will design aspects of
Meggitt to Supply Additional Wireless Virtual Weapons to US Marine Corps
Meggitt Training Systems announced it has been awarded a $2.6 million contract for additional BlueFire® wireless virtual weapons to be used by the US Marine Corps on its Indoor Simulated Marksmanship Trainer (ISMT), also delivered by the company as
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