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Latest Grenade Launchers Delivered to Russian Troops

Latest Grenade Launchers Delivered to Russian Troops

MOSCOW —. The first batch of the latest ‘Balkan’ 40mm anti-personnel grenade launchers was serial-produced, the state tech corporation Rostec told TASS on Tuesday.

“The design documentation for the ‘Balkan’ system has been formalized and accepted by the Defense Ministry of Russia for serial pro…

Czech Republic, Latvia to Step Up Defense Cooperation

Czech Republic, Latvia to Step Up Defense Cooperation

On Monday January 24th, Defence Minister Jana Černochová hosted Minister of Defence of Latvia Artis Pabriks. The Ministers discussed the current security situation, bilateral cooperation as well as defence industry cooperation.

The meeting’s agenda was primarily focused on expanding the cooperati…

Oshkosh Unveils First-Ever Hybrid Electric JLTV

Oshkosh Unveils First-Ever Hybrid Electric JLTV

OSHKOSH, Wis. — Oshkosh Defense, a wholly-owned subsidiary of Oshkosh Corporation unveiled the first-ever silent drive hybrid-electric Joint Light Tactical Vehicle (JLTV), the eJLTV.

The eJLTV offers the U.S. Army and U.S. Marine Corps the same level of performance and protection as the base JL…

Lockheed 2021 Sales Up 3% As Annual Profit Drops 7%

Lockheed 2021 Sales Up 3% As Annual Profit Drops 7%

BETHESDA, Md. —-Lockheed Martin Corporation today reported fourth quarter 2021 net sales of $17.7 billion, compared to $17.0 billion in the fourth quarter of 2020. Net earnings from continuing operations in the fourth quarter of 2021 were $2.0 billion, or $7.47 per share, compared to $1.8 billion,…
Raytheon Reports 2021 Profit of $3.9Bn on Sales of $64.4 Bn

Raytheon Reports 2021 Profit of $3.9Bn on Sales of $64.4 Bn

WALTHAM, Mass. — Raytheon Technologies Corporation reported fourth quarter 2021 results and announced its 2022 outlook.

“We closed the year on a strong note with full-year adjusted EPS and free cash flow significantly exceeding the outlook we set a year ago,” said Raytheon Technologies Chairman…


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