Sikorsky will be making 12 CH-53K King Stallion helicopter for the U.S. military with deliveries to commence in 2022. In a statement, the Pentagon said, it has awarded a $1.1 billion contract to Sikorsky, a unit of Lockheed Martin Corp,… Read More ›
contract
Lockheed Martin awarded $2.4 billion contract for sale of THAAD missiles to Saudi Arabia
The development seals the deal which both countries entered into in Nov. 2018 for 44 Terminal High Altitude Area Defense launchers, missiles and related equipment. According to a statement by the Pentagon, Lockheed Martin Corp has been awarded a $2.4… Read More ›
Thyssenkrupp & Embraer selected by Brazil to build 4 corvettes
Thyssenkrupp did not disclose the value of the deal. On Friday, German industrial conglomerate Thyssenkrupp stated, it has been selected by Brazil’s navy along with domestic aircraft maker Embraer to build four corvettes. “We are very honored by the Brazilian… Read More ›
Australia signs $35.5 billion contract with France’s Naval Group for a fleet of 12 submarines
The development assumes significance since the deal is part of Australia’s plan to secure its trade interests in the strategic Asia-Pacific region. On Monday, Australia signed a production contract with French shipbuilder Naval Group for a fleet of twelve new… Read More ›
Raytheon wins $568 million U.S. defense contract
The contract is part of a modification package of a foreign military sale to Sweden. The Pentagon said in a statement, Raytheon Co was won a $568 million U.S. defense contract for modifying a Patriot missile defense system it is… Read More ›
Northrop Grumman Corp wins $3.6 billion U.S. defense contract: Pentagon
The U.S. defense contract is for providing equipment and support for Large Aircraft Infrared Counter Measures.
Oshkosh Corp wins $1.7 defense contract
The contract is a modification of an existing U.S. defense contract to exercise options for 6,107 vehicles and 22,166 kits. The Pentagon has stated, Oshkosh Corp has been awarded a $1.7 billion defense contract which is a modification to a… Read More ›
South Korean budget airliner Jeju Air to purchase 40 Boeing 737 Max 8 worth $4.4 billion
South Korea is witnessing a rise in passenger footfalls in international routes. South Korea’s biggest low-cost airline Jeju Air Co Ltd stated, it plans on purchasing 40 Boeing 737 Max 8 airplanes worth $4.4 billion at list prices. The deal… Read More ›
Northrop Grumman wins $490 million U.S. defense contract
The contract revolves around the sale of a Global Hawk to Japan. As per a statement from the Pentagon, Northrop Grumman Corp has been awarded a $490 million U.S. defense contract for the sale of a Global Hawk unmanned surveillance… Read More ›
Sikorsky Aircraft Corp wins $717 million contract from the Pentagon
Sikorsky Aircraft Corp, a unit of Lockheed Martin Corp, will have to provide repair support and logistics for CH-53 and MH-53 helicopters. The Pentagon has awarded Sikorsky Aircraft Corp, a unit of Lockheed Martin Corp, a $717 million defense contract… Read More ›
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