Procurement & Contracts - globaldefencemagazine.com

Leonardo Confirms $1.95B Acquisition of Iveco Defense

Leonardo, Italy’s leading defense and aerospace group, announced plans to purchase Iveco Defence for €1.7 billion ($1.95 billion). Iveco Defence specializes in armored vehicles used across military and civilian...

Lockheed Hands Over 250th MK 48 Guidance Unit to US Navy

Lockheed Martin has completed the delivery of its 250th MK 48 Guidance and Control Section, an essential part of the MK 48 heavyweight torpedo utilized by the US Navy...

QinetiQ Bags $26 Million Deal for US Nuclear Submarine Equipment

QinetiQ US has been awarded subcontracts worth $26 million from General Dynamics Electric Boat to support the US Navy’s Virginia-class and Columbia-class submarine programs. The deal includes the production,...

Exail to Deliver 100 Navigation Units for US Naval UUVs via New Partnership

Exail has landed a significant contract with a U.S.-based global defense firm to supply 100 Phins Compact Inertial Navigation Systems (INS) for integration into Unmanned Underwater Vehicles (UUVs). This...

July 30, 2025
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EPCOR Inks Long-Term Deal With Riyadh Air for APS5000 Services

EPCOR, a subsidiary of Air France Industries KLM Engineering & Maintenance, has entered a long-term agreement with Saudi Arabia’s flagship airline, Riyadh Air, to manage the APS5000 Auxiliary Power...

Northrop Grumman Wraps Up IBCS LRIP Deliveries

Northrop Grumman has successfully completed the delivery of all Major End Items (MEIs) under the U.S. Army’s Low-Rate Initial Production (LRIP) contract for the Integrated Battle Command System (IBCS)....

Taiwan Takes Delivery of Second Batch of Abrams Tanks from US

Taiwan has received its second shipment of 42 M1A2T Abrams main battle tanks from the United States, reinforcing its defense forces amid rising regional tensions. The tanks were unloaded...

Indonesia Orders Two Istif-Class Warships from Turkey

Indonesia has finalized a nearly $1 billion agreement with Turkey to procure two Istif-class frigates. The deal was signed during a defense expo in Istanbul, reflecting Jakarta’s push to...

July 29, 2025
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Elbit Systems to Install DIRCM Protection on German A400M Fleet

Airbus Defence and Space has awarded Elbit Systems a $260 million contract to supply a self-protection system for Germany’s A400M military transport aircraft. The Israeli firm will provide its...

July 28, 2025
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Tokyo Fire Department Expands Fleet with New Airbus H225 Helicopters

The Tokyo Fire Department has awarded a contract to Airbus Helicopters for a new Airbus H225 helicopter, marking a key step in its ongoing fleet modernization. This new aircraft...