Yearly Archive: 2020

WASHINGTON — The State Department has made a determination approving a possible Foreign Military Sale to the Taipei Economic and Cultural Representative Office in the United States (TECRO) of four (4) weapons-ready MQ-9B remotely piloted aircraft and related equipment for an estimated cost of $600…

PARIS — Florence Parly, Minister of the Armed Forces, on October 27, 2020 approved the launch of the Système de Lutte Anti-Mines – Futur (SLAM-F), or future mine warfare weapons program.

This new system will allow sailors to operate remotely from the danger zone through the use of underw…

TOKYO — Long relegated to producing U.S.-developed aircraft on contract, Japan’s defense industry is aiming to turn the page by building a homegrown fighter jet under the lead of Mitsubishi Heavy Industries.

Despite ever-growing geopolitical threats, Japan’s defense contractors for years have s…

At the KAZ airfield, a branch of Tupolev PJSC (itself part of PJSC United Aircraft Corp. of Rostec State Corporation), the first flight of the deeply modernized Tu-160M bomber-bomber with new production NK-32-02 engines took place.

The aircraft was piloted by a crew led by Anri Naskidyants. The …

WASHINGTON — The State Department has made a determination approving a possible Foreign Military Sale to the Government of Romania of F-16 Modernization and Logistics Support and related equipment for an estimated cost of $175.4 million. The Defense Security Cooperation Agency delivered the requi…

Defense is trading at a 35%+ discount to NTM S&P 500 P/E, providing a positive skew to the upside. US military superiority is no longer guaranteed. We expect high perceived threat to drive higher defense spending under a Democrat or Republican sweep. Top stock pick is Northrop Grumman (ticker: NOC)….