Hanwha Defense USA has submitted a non-binding proposal of up to $1.2 billion to acquire Austal’s U.S. operations. The bid comes as Austal USA announced an expected FY2026 EBIT loss of $(175) million due to non-cash accounting provisions on legacy surface ship contracts.
South Korea’s MND has issued a legislative notice for a special act establishing the legal framework, acquisition process, and nuclear-safety standards for the Jangbogo-N nuclear-powered attack submarine program.
Raytheon announced that a new Missile Defense Agency contract supports the production and sustainment of Standard Missile-3 Block IIA (SM‑3 IIA) interceptors, building on Raytheon’s
Raytheon and CET demonstrated the Hadalus low-cost, long-endurance UUV in a U.S. Navy test, proving submerged launch and autonomous mission capabilities. Raytheon press release Raytheon,
Keeping fixed-wing naval aviation alive will force Spain to choose between paying the price of continuity, and accepting that the retirement of the Harrier will
The Royal Malaysian Navy’s third and final Littoral Mission Ship Batch II (LMSB2) corvette, TUNKU OSMAN JEWA (143), was launched at Istanbul Shipyard in Türkiye
The OCCAR-EA Director, the Chief Executive Officer of EUROSAM GIE, and the Chief Executive Officer of NAVIRIS have signed Amendment No. 2 to the Horizon
Indonesia officially began the physical construction of its first Scorpène Evolved submarine on 7 August, with a first steel-cutting ceremony at PT PAL Indonesia’s shipyard
The Republic of Korea (ROK) Navy, in joint partnership with Hanwha Systems, conducted a live combat trial at Busan Naval Base evaluating an advanced AI-based
Maritime operations involve a complex environment where multiple missions are carried out simultaneously across the same operational area. From the open sea to ports, and
