Defense Industry
BAE Systems annual sales rose to £23.3 billion amid Ukraine war
Defense giant BAE Systems notched up record orders in 2022 amid an “elevated threat environment” after Russia’s invasion of Ukraine. Britain’s biggest defence firm reported its highest ever order intake of £37.1 billion for last […]
Air Platform
Future Combat Air System (FCAS): Franco-German-Spanish sixth-generation fighter jet project
German Defense Minister Ursula von der Leyen and French Defense Minister Florence Parly announced plans to produce a new joint fighter jet dubbed as the Future Combat Air System (FCAS). Germany and France signed a […]
Americas
US Army’s Precision Strike Missile (PrSM) Enters EMD Phase
The US Army Contracting Command at Redstone Arsenal has awarded Lockheed Martin Missiles and Fire Control a USD23.9 million contract for engineering and manufacturing development (EMD), and Early Operational Capability Lot 1 missiles – currently […]
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