STOCKHOLM — Sales of arms and military services by the industry’s 100 largest companies totalled $531 billion in 2020—an increase of 1.3 per cent in real terms compared with the previous year. This is according to new data released today by the Stockholm International Peace Research Institute (SIP…

The first Gowind corvette ordered by the United Arab Emirates (UAE) from Naval Group was launched today in presence of His Highness Sheikh Saeed bin Hamdan Al-Nahyan, Commander of the UAE Naval Forces.

In 2019, the United Arab Emirates ordered two Gowind corvettes to be built in France. The first…

CADIZ, Spain — The president of Navantia, Ricardo Domínguez, has recognized the work of the staff and teams and highlighted that the company as “a leader in the sector recognized internationally for its quality and technology, will be the most reliable partner for future projects.”

Navantia has…

Defense Minister Jorge Taiana led this afternoon at the Buenos Aires Naval Station the arrival ceremony of the Multipurpose Ocean Patrol (OPV) ARA “Storni” (P-53) from France. This ship, acquired with a budget item corresponding to the National Defense Fund (FONDEF), joins the force to expand survei…

A wave of consolidation has effectively hollowed out the A&D middle-tier. As we initiate coverage of nine Smid-Cap A&D names, we see selective opportunity. Overall, the market is underestimating the aerospace recovery. Orders for new aircraft have picked up and cancellations have waned. Our top Over…

Lockheed Martin Corp., Fort Worth, Texas, is awarded a $77,847,256 modification (P00002) to a previously awarded, cost-plus-incentive-fee contract (N0001921C0040).

This modification adds scope to provide for the integration of indigenous weapons into an F-35 Lightning II Joint Strike Fighter air…