The Bell Boeing Joint Program Office has been awarded an estimated $143,863,184 firm-fixed-price requirements contract for performance-based logistics and engineering support for the V-22 platform. This is an 11-month base contract with four one-year option periods.
South Korea is set to deploy newly developed ship-based Haegung surface-to-air missile, the country’s Defense Acquisition Program Administration (DAPA) stated in late December.
ST Engineering announced on January 14 that its Marine arm has won S$560 million (US$412 million) worth of new contracts in the last quarter of 2018. The award of these contracts demonstrates the sector’s ability to deliver total marine and environmental engineering solutions at its facilities in Singapore and the US.
Raytheon‘s integrated defense systems business has received a potential $98.8M contract to help the U.S. Navy engineer a radar system designed to operate over two frequency ranges simultaneously.
The U.S. Navy awarded the Lockheed Martin and Fincantieri Marinette Marine (FMM) team a fixed-price-incentive-fee contract to build an additional Littoral Combat Ship (LCS).
India has endorsed a new program which aims at setting up three new Naval Air Squadrons in Gujarat and Tamil Nadu, the Indian Navy announced on January 18.
The Swedish Navy’s two first A26 submarines will be named HSwMS Blekinge and HSwMS Skåne, the country’s Defence Materiel Administration (FMV) said on January 15, 2019. The two submarines will be delivered to the Swedish Navy in 2024 and 2025.
On Wednesday 16th January 2019, the Armed Forces of Malta have signed a US$40 million contract for an additional Offshore Patrol Vessel, which will be named P71. The project of asecond and more capable OPV was launched in 2015, and has since then started to take shape.
The Swedish Defence Materiel Administration (FMV) and BAE Systems Bofors AB recently signed an agreement to acquire two new Bofors Mk 4 40 mm guns for the country’s Navy.
On 15th. January, Navantia has initiated, in San Fernando shipyard, the construction of the first corvette for the Saudi Arabia Navy. The event has consisted of the cut of the first plate of the ship, belonging to the block 401, dimensions of 12 x 2,4 meters, a thickness of 7 millimeters and a weight of 1.254 kilos.
