The fourth supplementary budget proposal for 2022 will increase the appropriations of the Ministry of Defence’s administrative branch by a total of EUR 294 million in 2022.

Additional funding to safeguard the Squadron 2020 project and Finnish maritime industry

The Government’s fourth s…

RAM-System GmbH (RAMSYS), Ottobrunn, Germany, is awarded a €277,836,839 and $206,568,496 firm-fixed-price contract for fiscal 2023 procurements for Rolling Airframe Missile (RAM) Block 2B Guided Missile Round Pack (GMRP) and spare replacement components for RAM Block 2 recertification.

This cont…

HAIFA, Israel — Elbit Systems Ltd. announced today that it was awarded a contract valued at approximately $215 million to provide an aerial intelligence solution to an Asia-Pacific country. The contract will be delivered over a period of two years.

Bezhalel (Butzi) Machlis, Elbit Systems Presid…

BAE Systems will be charged with evolving and optimising sustainment of the Hobart-class destroyers as the new capability life cycle manager (CLCM) for the asset class.

Following a competitive tender process, the six-year contract was officially signed by the Commonwealth and BAE Systems in early…

Terma has secured new contracts in Indonesia and will provide C-Guard Decoy Launching Systems to the Indonesian Navy for one Multi-Role Light Frigate (MRLF) and two additional KCR-60 Fast Attack Crafts. The latter follows the 2019 contract for the delivery of a complete C-Series Combat Suite (includ…

The Turkish defense industry has added a new product to the kamikaze unmanned aerial vehicles (UAVs) developed domestically. The new drone, named Deli, was developed by Titra Teknoloji and was exhibited for the first time at the SAHA Expo defense and aviation fair starting Tuesday in Istanbul.

Ti…