Procurement & Contracts - globaldefencemagazine.com

October 28, 2024
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Land Platforms
Procurement & Contracts

US Greenlights $2 Billion Air Defense and Radar Deal for Taiwan

The US State Department has authorized a $1.94 billion sale of air defense and long-range radar systems to Taiwan. The package includes National Advanced Surface-to-Air Missile Systems (NASAMS) and...

US Gives Green Light to Potential Sale of 1,000 TOW Missiles to Saudi Arabia

The US State Department has authorized a potential $440 million sale of more than 1,000 TOW missiles to Saudi Arabia. The deal includes 507 TOW 2A and 507 TOW...

October 24, 2024
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Air Platforms
Procurement & Contracts

Is the Eurofighter a Match for the Rafale in the MRFA Competition?

In India’s high-profile Medium Multi-Role Combat Aircraft (MMRCA) competition—dubbed the “mother of all defense deals”—the Dassault Rafale and Eurofighter Typhoon were the two final contenders. Although both aircraft met...

Raytheon Lands $676 Million TOW Missile Contracts with U.S. Army

Raytheon, a division of RTX, has received two contracts totaling $676 million (€626 million) from the U.S. Army for continued production of the TOW missile system. The awards consist...

October 23, 2024
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Air Platforms
Procurement & Contracts

Lockheed Martin Faces Financial Strain Due to F-35 Upgrade and Contract Delays

Lockheed Martin anticipates finalizing an agreement with the U.S. government by year’s end to produce the 18th and 19th batches of F-35 Joint Strike Fighters, company officials revealed during...

Australia reveals $4.7 billion acquisition of US air defense missile systems.

Australia revealed this week it will purchase $4.7 billion worth of American-made SM-2 and SM-6 missiles—two of the world’s top air defense interceptors—in a major foreign military sale. The...

October 22, 2024
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Land Platforms
Procurement & Contracts

India Secretly Commissions Its Fourth Nuclear-Powered Submarine; Former Project Head Calls First Submarine a “Historic Milestone”

India has discreetly launched its fourth homegrown nuclear-powered ballistic missile submarine (SSBN), known as S-4*, capable of firing nuclear-armed missiles. The first indigenous SSBN was launched in 2009 and...

October 21, 2024
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Unmanned Systems
Procurement & Contracts

Turkey Plans to Gift a Large Quantity of Kamikaze Drones to Albania

Turkey is set to donate a “significant number” of loitering munitions to Albania, highlighting the deepening relationship between the two countries. The donation is not intended as an act...

October 21, 2024
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Unmanned Systems
Procurement & Contracts

Poland Signs New Contract to Improve Bayraktar TB2 Drone Operations

Poland will improve the operational readiness of its 24 Bayraktar TB2 drones through a new logistics and service contract with Turkish producer Baykar. The NATO Support and Procurement Agency...

October 20, 2024
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Unmanned Systems
Procurement & Contracts

India’s Intelligence, Surveillance, and Reconnaissance Capability Significantly Enhanced

During the 1999 Kargil conflict, India’s surveillance shortcomings in the conflict zone were exposed. Locating enemy positions took considerable time. Notably, an IAF pilot used a MiG-21 and a...