South Korea is looking to invest around $4.6 billion to build its defense capabilities by acquiring new weapons systems through the late 2030s. On Friday, the country’s Defense Acquisition Program Administration approved defense spending plans for new SM-3 missiles and four frigates and the local development of an air-to-air missile. While DAPA said the two...
Category: Contract Awards
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KBR to Supply Heavy Equipment Transporters to UK Army Under $100M Task Order; Paul Kahn Quoted
Houston, Texas-based KBR, a global provider of science, technology and engineering services, has secured a $100 million contract from the U.K. Ministry of Defence to supply the British Army with a fleet of heavy equipment transporters. KBR said the deliveries for the Interim Capability Solution contract for three years will include providing the maintainers and...
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US Clears Possible $250M Sale of Blanket Order Training to Saudi Arabia
The United States has approved a proposed $250 million sale of blanket order training to Saudi Arabia. Under the potential foreign military sale cleared by the Department of State, the kingdom seeks to procure the required services for the Royal Saudi Naval Forces. The deal, which will be added to an earlier case, also involves...
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US Army Awards HAWK Depot-Level Diagnostic, Repair Services Contract to Sielman
The U.S. Army has awarded Sielman a $49.94 million contract modification to provide depot-level diagnostic and repair services for the Homing All the Way Killer Missile System and subassemblies in support of foreign military sales customers. According to a sole source award notice posted on SAM .gov, the contract work will be performed in two...
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Elbit Systems Books $50M Deal to Provide International Customer With Red Sky Air Defense System; Yehuda Vered Quoted
Elbit Systems has secured a $50 million contract to equip an unnamed international customer with its Red Sky air defense system. Under the two-year agreement, the Israeli company will deliver two Red Sky batteries to enhance the client’s soft- and hard-kill defense capabilities. Elbit said the system offers protection against low-altitude aerial threats at an...
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Pratt & Whitney Secures $66M Deal for Saudi F-15 Aircraft Engine Maintenance; Josh Goodman Quoted
Pratt & Whitney, an East Hartford, Connecticut-based aerospace company under RTX, has received a $65.8 million contract from Saudi Arabia’s Middle East Propulsion Co. to support the F100 engine maintenance of the Royal Saudi Air Force‘s F-15 Eagle tactical fighter aircraft. The task order from MEPC, the Saudi Ministry of Defense’s main contractor, calls for...
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Australian Government Invests in PsiQuantum Innovation Efforts; Jeremy O’Brien Quoted
The Australian and Queensland governments will provide $614 million in funding to support PsiQuantum’s development of the world’s first commercial-use quantum computer in Australia. In a press release announcing the investment on Monday, Palo Alto, California-based PsiQuantum disclosed that it will build the quantum computer near Brisbane Airport in Queensland. The company expects the site...
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Leidos Wins UK Deal to Build New Flood Warning System; Erik Freeman Quoted
The UK government has awarded Leidos a $30 million contract to build and operate England’s new flood warning system. Under the six-year deal with the UK Environment Agency, Leidos will replace the more than 20-year-old system that delivers flood alerts to the United Kingdom. According to Leidos UK & Europe CEO Eric Freeman, the modern...
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New UK Defense Investment Area Focuses on Capability Testing, Evaluation Methods
The United Kingdom’s Defence and Security Accelerator is seeking proposals on test and evaluation methods to help ensure the safety and value of deployed British defense and security capabilities. DASA said the project values for bids on its new Investment Focus Area, dubbed Unlocking the True Potential of Test and Evaluation for Defence, range from...
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KBR Wins $85M Australian Navy Contract on Ship Life Cycle Management
Science, engineering and technology company KBR has been awarded an $85 million contract as capability life cycle manager for the Royal Australian Navy’s amphibious and replenishment vessels at Garden Island, off Western Australia’s southwest coast, the Australian Department of Defence announced Friday. KBR’s tasks include maintaining the RAN’s Canberra-class landing helicopter docks, supply-class auxiliary oilers, and the...