BAE Systems contributed $18.6 billion to the United Kingdom’s gross domestic product in 2024, accounting for 0.5 percent of the economy, according to analysis from Oxford Economics. The 36-page report, released Wednesday, also noted that BAE invested $314 million in workforce development to support London’s efforts to drive job creation and new skills to help the...
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Category: National Security
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Australia to Acquire Additional RTX Missiles Under $2.12B Investment
Australia has committed to acquiring up to $2.12 billion in additional stocks of advanced medium-range missiles, improving the Australian Defence Force’s aerial strike and defense capabilities as laid out in Prime Minister Anthony Albanese’s 2024 National Defence Strategy. The purchase will be made through the United States’ Foreign Military Sales program. The Ministry of Defence...
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UK, Germany Set to Sign New Defense Treaty on July 17
The United Kingdom and Germany are set to sign a new defense treaty on July 17, right before their parliaments’ summer recess. A report by Politico on Wednesday, citing London officials, indicated that the treaty’s text is nearing completion. The Potomac Officers Club will host the 2025 GovCon International Summit, where discussions on global collaboration...
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German-Led Consortium to Develop Europe’s Main Battle Tank Technology
A European consortium of military contractors and research organizations will undertake Project MARTE, short for Main ARmoured Tank of Europe. Rheinmetall said Tuesday that the project was launched to boost the technological autonomy of the allied armed forces’ main battle tank, or MBT, system in the region. MARTE ARGE, a joint venture between German defense...
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Poland Launches First Saab-Made SIGINT Vessel
Poland has launched its first signal intelligence ship from Saab, an event that Saab President and CEO Micael Johansson said marks a significant milestone in regional cooperation. “This project exemplifies how nations around the Baltic Sea, with similar needs and experiences, can come together to develop solutions that benefit us all,” Johansson said. Acquired under...
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Kongsberg Test Bed in Norway Seeks to Boost Maritime Infrastructure Protection
Kongsberg has launched a new maritime test bed in Horten, Norway, aimed at enhancing protective solutions for critical maritime infrastructure. The Oslofjord CMI Protection Test Bed, inaugurated on Tuesday, will serve as a global hub for testing and demonstrating integrated defense solutions for subsea pipelines, energy installations, ports and other high-value maritime assets. The future...
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Planet Labs Secures $280M Funding From Germany to Deliver Real-Time GEOINT
Planet Labs Germany has secured a $280 million contract from the German government to provide dedicated capacity and direct downlink services for various regions in Europe. Under the agreement, Planet will allocate part of its Pelican constellation capabilities to deliver high-resolution imagery and timely intelligence. In a statement released Tuesday, Planet Labs emphasized that offering...
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Northrop Grumman, ROMARM to Build Ground Radar Solution for Romanian Air Force
Northrop Grumman has signed a memorandum of understanding with Romania’s state-owned defense firm ROMARM to collaborate on an advanced ground-based radar system for the Romanian Air Force. The partnership, which aims to co-produce the G/ATOR (Ground/Air Task-Oriented Radar) mobile radar system in Romania, was signed by senior officials from the two companies at ROMARM’s headquarters...
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US OKs $510M Israeli Purchase of Boeing Munition Guidance Kits
Boeing is the principal contractor for a possible $510 million foreign military sale of munition guidance equipment that the U.S. State Department has approved for Israel. The Potomac Officers Club will host the 2025 GovCon International Summit, where discussions on global collaboration and defense are expected to uncover potential opportunities for contractors. Register today. According...
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V2X to Support Iraqi F-16 Program Via $118M FMS Contract
Virginia-based aerospace and defense company V2X will support Iraq’s F-16 program under a cost-plus-fixed-fee undefinitized contract awarded by the U.S. Air Force. The contract, initially valued at $118 million, requires the company to provide support services at BG Ali Flaih Air Base. According to V2X, the work associated with the contract, awarded under the Foreign...