Yearly Archive: 2022

Department of Defense auditors found issues with how DOD reports certain assets in its financial statements for the Joint Strike Fighter program—its most costly weapon system in history. DOD hasn’t fully developed a strategy to address the reporting issues. It has also struggled with following proce…

The White House Military Office is evaluating when President Joe Biden can fly for the first time in the new presidential helicopter — and what missions it’s ready to perform — after years of delay.

The office began its “commissioning” process after the Marine Corps declared that the $5 billion f…

LONDON — A senior executive and associate of an Airbus subsidiary paid £9.7mn in bribes to Saudi Arabian military officials to secure contracts for the UK government a court was told on Thursday.

The prosecution barrister Mark Heywood QC said the case concerned “deep corruption in overseas defe…

Last night, the first SM-2 missile was fired from a Danish warship. The Armed Forces and the Ministry of Defense’s Materiel and Procurement Agency are integrating the SM-2 missiles for use in the Danish frigates of the Iver Huitfeldt class. This means that in the future the frigates will be able to …

On May 2, 2022, Director General of Armaments Martin Sonderegger and Project Manager Benjamin Mazenauer signed the vehicle renewal contract for engineer tanks. The contract was signed in Bern with Giuseppe Chillari, CEO of GDELS-Mowag, and covers 60 Piranha IV type vehicles, the delivery of which sh…

Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas is awarded a $372,461,030 undefinitized firm-fixed-price modification (P00003) to an order (N0001921F0398) against a previously issued basic ordering agreement (N0001919G0008).

This modification adds scope to procure F-35 …