Procurement & Contracts - globaldefencemagazine.com

South Korea Poised to Finalize Historic K2 Tank Export Deal With Poland

South Korea is on the verge of signing a large-scale defense deal with Poland, focused on supplying K2 main battle tanks, the Defense Acquisition Program Administration confirmed on Tuesday....

BEML to Build Maintenance Fleet, Trailers for Arjun Tank Operations

Bharat Earth Movers Limited (BEML) has received licensed manufacturing rights from the Indian government to develop support units for Arjun tanks. BEML will manufacture Unit Maintenance and Unit Repair...

European Allies Plan Collective Procurement of CV90 Vehicles

A joint declaration has been signed by six European countries to pursue a collective CV90 infantry fighting vehicle procurement effort. The participating nations—Estonia, Finland, Lithuania, the Netherlands, Norway, and...

Germany, Norway Finalize F-35 Missile Deal Worth Over $640M

Germany is set to equip its F-35s with the Joint Strike Missile (JSM) in a $642 million agreement facilitated through Norway. The German Parliament approved the purchase on June...

UK, General Atomics Agree on Drone Fleet Sustainment Program

The UK has signed a strategic support agreement with General Atomics to provide long-term sustainment for the Royal Air Force’s Protector RG Mk1 UAVs. Known as UK PASS, the...

Skyways to Manufacture V3 Cargo Drones Under $37M USAF Deal

The US Air Force has awarded Skyways a $37-million deal to move its V3 autonomous cargo drone from development to mass production. The agreement includes optimizing the production design,...

US Extends VAMPIRE System Aid to European Allies Beyond Ukraine

The Pentagon has commissioned more VAMPIRE weapon systems from defense contractor L3Harris to strengthen surveillance and counter-drone capabilities for European defense operations. This follows a $40-million order last year,...

BAE Systems to Modernize US Navy’s IFF Transponders in $30M Deal

BAE Systems will upgrade the US Navy’s AN/APX-123A(V) IFF system under a newly awarded $30 million contract. The upgrade covers deployment on drones, surface vessels, helicopters, and fixed-wing aircraft....

US Approves $325M Logistics Package to Sustain Kuwait’s Abrams Tank Arsenal

The US State Department has approved a significant foreign military sale to Kuwait, offering a $325 million support package for its fleet of M1A2 and M1A2K Abrams tanks. The...

Azerbaijan Finalizes $4.6B Deal With Pakistan for 40 JF-17s

Azerbaijan has expanded its order of JF-17 Thunder fighter jets from Pakistan from 16 to 40 aircraft. This update builds upon a previous contract signed in 2024 to reinforce...