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Airbus Settles Final Bribery Charge with €16M Fine

Airbus Settles Final Bribery Charge with €16M Fine

TOULOUSE, France — The President of the Tribunal Judiciaire of Paris has approved the Convention Judiciaire d’Intérêt Public (CJIP) signed on 17 November 2022 between Airbus SE and the French Parquet National Financier (PNF).

This CJIP covers past matters relating to the use of intermediaries …

Russia to Boost Defense Procurement by 50%, Shoigu Says

Russia to Boost Defense Procurement by 50%, Shoigu Says

MOSCOW — Russia’s 2023 defense procurement plan will grow by 50% to ensure that Russian troops are 97% supplied with armaments and military equipment, Defense Minister Army General Sergey Shoigu said at the ministry’s board meeting on Wednesday.

“Next year, considering extra budget funds, the d…

Royal Navy Orders First Unmanned Submarine

Royal Navy Orders First Unmanned Submarine

A £15.4 million contract for a cutting-edge crewless submarine has been awarded to Plymouth firm MSubs by the Royal Navy. The vessel will be delivered to the Navy in two years’ time and will further advance the UK’s ability to protect our critical national infrastructure and monitor sub-sea activity…
Dutch, German Armies Edge Closer to Integration

Dutch, German Armies Edge Closer to Integration

The top German and Dutch army leaders are discussing the further integration of both army forces in Dresden. To give direction to this development, both commanders signed a joint vision. One vision for 2 army forces is unique in Europe.

Integration is a verb, said German army commander Lieutenant…

China-Japan Defense Hotline to Start Next Spring: Report

China-Japan Defense Hotline to Start Next Spring: Report

A defense hotline between China and Japan is expected to be launched next spring, Japanese Foreign Minister Yoshimasa Hayashi revealed on Tuesday. Chinese observers said the move can avoid escalation of tensions if miscalculation or other frictions happen between the two sides in their maritime and …
Lockheed Wins $140M for Missile Defense Agency Work

Lockheed Wins $140M for Missile Defense Agency Work

Lockheed Martin Rotary and Mission Systems, Moorestown, New Jersey, is being awarded a $139,690,707 modification (P00029) to previously awarded contract HQ085121C0001 under Foreign Military Sales (FMS) Case JA-P-NCO.

This modification includes cost-plus-incentive-fee and firm-fixed-price contra…


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