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Philippines, HHI Sign $550M Contract for Two Corvettes

Philippines, HHI Sign $550M Contract for Two Corvettes

MANILA — The Department of National Defense (DND) on Tuesday signed the PHP28-billion (approx. $550 million—Ed.) contract with South Korean shipbuilder Hyundai Heavy Industries (HHI) for the acquisition of two brand-new corvettes for the Philippine Navy, which are capable of conducting anti…
Northrop Wins $1.3Bn for Battlefield Command System

Northrop Wins $1.3Bn for Battlefield Command System

Northrop Grumman Systems Corporation, Huntsville, Alabama, was awarded a $1,382,319,836 hybrid (cost-no-fee, cost-plus-fixed-fee, cost-plus-incentive-fee and fixed-price-incentive) contract for low-rate initial production and full-rate production of the Integrated Battle Command System.

Bids wer…

Lockheed Wins Contracts Worth $1.05Bn for F-35 Program

Lockheed Wins Contracts Worth $1.05Bn for F-35 Program

Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is awarded a $492,685,342 cost-plus-fixed-fee, cost-plus-incentive-fee, fixed-price-incentive, firm-fixed-price, cost reimbursable modification (P00027) to a previously awarded contract (N0001921C0020).
This modification ex…
US Marines Order 33 Amphibious Combat Vehicles from BAE

US Marines Order 33 Amphibious Combat Vehicles from BAE

BAE Systems Land & Armaments L.P., Sterling Heights, Michigan, is awarded a $169,334,012 modification (P00139) to previously awarded firm-fixed-price contract (M67854-16-C-0006) for Amphibious Combat Vehicles (ACV).

The total value of the contract if all options are exercised is $3,354,159,920. …

Turkey Launches Tender for Next Three Milgem Frigates

Turkey Launches Tender for Next Three Milgem Frigates

ISTANBUL — Turkey’s top defense industry body announced Wednesday that it will hold a tender for the manufacturing of three new frigates as part of the National Ship (MILGEM) project that has already provided the Turkish Naval Forces with domestically produced combat vessels.

The Presidency of …


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