General Dynamics Land Systems Inc., Sterling Heights, Michigan, was awarded a $4,620,000,000 fixed-price-incentive contract to produce Abrams M1A2 SEPv3 tanks.

Bids were solicited via the internet with one received. Work locations and funding will be determined with each order, with an estimat…

On December 17, the National Assembly adopted the 2021 budget. The share allocated to the Ministry of the Armed Forces increased by 1.7 billion euros compared to the budget voted last year, an increase of 4.5%, in accordance with the trajectory provided for by the Military Programming Law (LPM) 2019…

Air Force and Pentagon investigators opened a criminal probe of Lockheed Martin Corp. in 2016 over faulty coolant line tubing inside F-35 jets after 57 were either temporarily grounded or required production line fixes, according to officials confirming the previously undisclosed inquiry.

The U.S…

The Defence Acquisition Council (DAC) in its meeting, today held under the Chairmanship of Raksha Mantri Shri Rajnath Singh approved Capital Acquisition proposals of various Weapons / Platforms / Equipment / Systems required by the Indian Army, the Indian Navy and the Indian Air Force at an approxim…

BETHESDA, Md. — Lockheed Martin Corporation today announced it has entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. for $56 per share in cash, which is expected to be reduced to $51 per share after the payment of a pre-closing special dividend. This represents a pos…

The four patrol ships of the Royal Netherlands Navy require a so-called midlife update (MLU). Only with a modernization will the ships remain usable until they reach the end of their service life in 15 to 20 years.

State Secretary Barbara Visser informed the House today by letter about the proje…