Business

BAE Systems to Upgrade Royal Navy Sting Ray Torpedo 

The UK Ministry of Defence has awarded BAE Systems a 60-million-pound ($79 million)  contract to upgrade the Royal Navy’s autonomous Sting Ray lightweight torpedo.

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US Awards Raytheon $1.19B AMRAAM Missile Contract Modification

The US Department of Defense has awarded a $1.19-billion contract modification to Raytheon Technologies for Advanced Medium Range Air-to-Air Missiles (AMRAAM). 

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Lithuania Pledges $11M for Ukraine Long-Range Weapon Development

Lithuania will invest 10 million euros ($11. 04 million) for the development of Ukraine’s long-range strike capabilities.

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Rheinmetall Unveils Tank Destroyer Concept for German Army

Rheinmetall has unveiled a tank killer on wheels concept for the German Army, armed with Spike LR2 guided missile.

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UAE’s EDGE Group Joins Brazilian Anti-Ship Missile Development

Edge Group has signed an agreement with the Brazilian Navy to help develop the service’s National Surface Anti-Ship Missile by the end of 2025.

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General Dynamics Adds Florida Segment to Enhance US Special Ops Services

General Dynamics Information Technology has acquired Iron EagleX to boost its support for the US Special Operations Command and partners.

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Sweden Orders Additional General Dynamics M3 Bridging Systems

The Swedish government has contracted General Dynamics European Land Systems–Bridge Systems to deliver another batch of Amfbro 400 amphibious bridge and ferry systems.

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USAF Funds Hypersonic Thermal Protection System That Sweats

Canopy Aerospace has clinched a $2.8 million US Air Force funding to develop a more resilient hypersonic thermal protection system based on transpiration-cooling.

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Lockheed, Tata Advanced Systems to Enhance C-130J Development in India

Lockheed Martin will team with Tata Advanced Systems Limited to advance the development of the C-130J Super Hercules tactical airlifter in India.

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NVL, thyssenkrupp to Build Futuristic German Air Defense Frigate 

German shipbuilders NVL Group and thyssenkrupp Marine Systems have signed an agreement for the joint construction of the German Navy's future Type 127 specialized air defense frigate.

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