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Finland Modifies Funding for F-35, Squadron 2020 Programs

Finland Modifies Funding for F-35, Squadron 2020 Programs

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 Block 2B Missiles Worth $487M Ordered for German Navy

RAM Block 2B Missiles Worth $487M Ordered for German Navy

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…

Elbit Wins $215M to Supply Aerial Intel to Asia-Pacific Country

Elbit Wins $215M to Supply Aerial Intel to Asia-Pacific Country

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 Wins Contracts to Support Australian Destroyers, Subs

BAE Wins Contracts to Support Australian Destroyers, Subs

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…

Indonesian Navy Orders Terma C-Guard Decoy Launchers

Indonesian Navy Orders Terma C-Guard Decoy Launchers

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…
Turkey Unveils New, Low-Cost Loitering Munition

Turkey Unveils New, Low-Cost Loitering Munition

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…


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