Yearly Archive: 2022

ROME — Leonardo announces the signing of an agreement for the sale of the Air Traffic
Management (ATM) activities of Selex ES Inc., a wholly owned US subsidiary, to Indra Air Traffic, Inc., a wholly owned subsidiary of the Spanish company Indra Sistemas S.A.

Closing of the transaction, expect…

Today, the Defense Department announced approximately $400 million in additional security assistance for Ukraine under the Ukraine security assistance initiative.

This USAI package includes:
— Funding to refurbish HAWK air defense missiles for inclusion in future presidential drawdown packages…

The Netherlands is again supplying heavy military materiel to Ukraine. The total value of the support package is 120 million euros, of which 45 million is designated for the provision of T-72 tanks. Together with the United States and the Czech Republic, the Netherlands will provide 90 modernised an…

JAKARTA — Indonesia has resumed payment for its share of the cost for a joint fighter development project with South Korea, an informed source said Wednesday, nearly four years after Jakarta stopped its payments.

Indonesia’s Ministry of Defense made a payment of 9.4 billion won (US$6.6 million)…