RTX announced on Thursday that its subsidiary Raytheon has signed a $1.2 billion contract with Germany for the supply of Patriot air and missile defense systems to enhance the country’s air defense capabilities. The deal follows the $5.6 billion agreement that the NATO Support and Procurement Agency signed in January with COMLOG, a joint venture...
Category: Europe
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US Designates Procurement Networks Supporting Iranian Defense Sector; Brian Nelson Quoted
The United States has imposed sanctions on three procurement networks for supplying designated Iranian entities with materials for the production of military weapons under Iran’s ballistic missile, nuclear and defense programs. The Department of the Treasury’s Office of Foreign Assets Control has designated Iranian-German national Maziar Karim, his companies Mazixon GmbH and Co KG and...
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Germany, Poland to Lead New Armored Vehicle Coalition in Support of Ukraine
Germany and Poland are activating an armored vehicle coalition to support Ukraine‘s fight against the Russian invasion. On Monday, the defense ministers of the NATO allies announced the coalition, which will officially begin operations on March 26. “This will be one of the most important coalitions to have been created. Our two countries are the...
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QinetiQ Demos New Uncrewed Aerial Targets in New Mexico Tests
QinetiQ has completed flight tests on the first two uncrewed aerial targets it is developing for the U.S. Department of Defense under the High Energy Laser Measurement Rattler program and a company-funded research and development project. The Rattler Supersonic Target tests were conducted at the White Sands Missile Range’s High Energy Laser Systems Test Facility...
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European Commission Funds Nammo Sweden’s Artillery Production Project
Nammo Sweden has secured $13.22 million in funding from the European Commission to increase the production of artillery shells by threefold in the coming year. Earlier, the Swedish government had expressed intent to co-finance Nammo Sweden’s artillery production project if the commission supports the program. With the EC confirming the grant under the Act in...
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Sweden to Provide Funding for Czech Republic’s Effort to Supply Ukraine With Ammunition
Sweden has joined the Czech Republic’s effort to boost the ammunition supply of the Ukrainian Armed Forces amid Kyiv’s battle with Russia. The new NATO member has pledged to provide $32 million to the initiative. “Czechia has identified possibilities for purchasing large amounts of ammunition in the global market for donation to Ukraine,” said Pal...
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Rheinmetall Expands Portfolio to Autonomous Light Hybrid Vehicles With Dutch Startup Acquisition
German automotive and arms manufacturer Rheinmetall announced that its Dutch subsidiary, Rheinmetall Defence Nederland, has acquired the startup REEQ, a manufacturer of lightweight tactical vehicles, for an undisclosed amount. The acquisition expands the Rheinmetall Vehicle System Division’s portfolio to hybrid technology, with the REEQ military vehicles’ fully electric drive train drawing power from a mobile...
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US, Finland Sign MoU to Exchange Data, Best Practices on Cybersecurity
The United States and Finland have agreed to exchange cybersecurity information to strengthen both nations’ resilience against current and emerging threats. On March 13, representatives from the U.S. Department of the Treasury and the Finnish Ministry of Finance signed a cybersecurity cooperation memorandum of understanding. “This partnership will help Treasury protect the financial sector from...
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Lockheed Martin, Navatia Extend Partnership to Explore Emerging Ship, Submarine Opportunities; Joe DePietro Quoted
Lockheed Martin will continue collaborating with Spanish shipbuilding company Navatia to explore emerging commercial opportunities in surface ships and submarines. The companies finalized a new deal Friday to extend their partnership for another three years. Joe DePietro, C6ISR vice president at Lockheed Martin, said the agreement will support ongoing joint efforts to equip defense customers...
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Italy to Purchase RTX-Made AIM-9X Sidewinder Missiles for $90.6M
Italy plans to acquire $90.6 million worth of AIM-9X Sidewinder Block II tactical missiles from the United States. On Friday, the Department of State approved the proposed foreign military sale of missiles and related equipment to the Italian government. The Defense Security Cooperation Agency notified Congress about the potential weapons sale. The approval was made after...