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Category: Contract Awards

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US Approves Potential $2B Sale of Submarine Trainers to Australia

The Department of State has approved a possible foreign military sale of submarine training devices to the Royal Australian Navy under the AUKUS Pillar One Optimal Pathway program. Under the proposed deal, to run for nine years with a ceiling value of $2 billion, the United States will also provide personnel training, planning and nonrecurring...

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Rheinmetall Secures New Arms Supply Contract for Ukraine

German automotive and arms manufacturer Rheinmetall Group will supply Ukraine with artillery ammunition worth about $153 million, a procurement from an unnamed NATO ally supporting Kyiv against the Russian invasion. The new contract follows a German-funded Rheinmetall deal announced in November to supply Ukraine with 32 battle tanks, driver-training tanks and armored recovery vehicles. The...

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Saab to Supply Underwater Drones to Kuwait

The U.S. Navy has awarded Sweden-based defense and aerospace company Saab a contract to supply a Double Eagle Semi-Autonomous Remotely Operated Vehicle to the Kuwait Naval Force.  The SAROV order, which was processed through the U.S. Foreign Military Sales program, is worth $16 million and expected to be delivered by September 2025, according to the online...

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Australian Army Picks Infantry Fighting Vehicles From Hanwha

Canberra has awarded Hanwha Aerospace subsidiary Hanwha Defense Australia a $2.4 billion contract for the supply of 129 infantry fighting vehicles. Hanwha described the contract as a landmark purchase, noting that it is the first time South Korean defense solutions will be developed for the Australian Army. Under the contract, HDA will supply the Redback...

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Saab To Research New Tech for Sweden’s Future Underwater Capabilities

Saab said it will study new submarine technology under an agreement with the Swedish Defence Materiel Administration. The deal requires the defense company to conduct concept development studies for future underwater capabilities. According to Saab, the preparatory studies will center on advancing existing underwater technologies and exploring new submarines and submarine-related capabilities for Sweden. In...

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Anti-Drone Solutions Company SkySafe Secures 6th Order From Asia

SkySafe, an airspace security company based in San Diego, California, has received an order for an anti-drone solution from an Asian country, its sixth contract award from the region. The anti-drone system uses advanced radio frequency technology, reverse engineering and deep threat analysis, enabling the operator to pinpoint the location of both the airborne drone...

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Accenture Secures New Contract to Modernize Finnish Defense Forces’ Enterprise Resource Planning

Accenture has signed a new contract for a digital transformation program modernizing the Finnish Defence Forces’ enterprise resource planning system. In 2009, Finnish Defence tapped Accenture to convert its ERP system into a defense industry solution with new features that extend its functionality. According to the company, the new program’s goals include improving user experience,...

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Poland Adds $2.6B Worth of K9 Self-Propelled Howitzers From Hanwha

Poland is acquiring over 150 more K9 Thunder self-propelled howitzers from South Korea.  On Friday, Poland’s State Armament Agency said it signed a contract valued at $2.6 billion with South Korean defense company Hanwha Aerospace for the 155 mm artillery.  The agreement includes six self-propelled K9 howitzers that Hanwha Defense is scheduled to deliver in 2025 and 146...

Diehl Lands $650M Latvia Order to Provide Air Defense Missile System
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Diehl Lands $650M Latvia Order to Provide Air Defense Missile System

Latvia’s Ministry of Defence has awarded Diehl Defence a $649.7 million purchase order to acquire the IRIS-T SLM medium-range air defense system from the German manufacturer. A framework agreement signed by Latvia and Estonia with Diehl Defence in September supports the arms procurement, the company said. Under the deal, Latvia will also receive the equipment...

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Embraer Wins South Korean Supply Contract for C-390 Millennium Transport Plane

South Korea’s Defense Acquisition Program Administration has selected Embraer’s C-390 Millennium as the new military transport aircraft for the Republic of Korea Air Force. As the winner of DAPA’s Large Transport Aircraft II public tender, Embraer will deliver C-390s tailor-fit to ROKAF’s specifications, along with services and support, such as crew training and supply of...