Elbit Systems has secured a $190 million contract to deliver its Iron Sting mortar munition to Israel. The agreement with the Israeli Ministry of Defense requires the Haifa-based defense contractor to complete the weapons delivery over the next two years. Elbit Systems Land General Manager Yehuda Vered said Iron Sting meets the international armed forces’...
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Category: Contract Awards
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Australian Shipbuilder ASC’s $1.4B Defense Contract to Create Over 1,100 Jobs in Submarine Sustainment; Pat Conroy Quoted
The Australian government has awarded Osborne-based submarine builder and maintainer ASC a $1.44 billion contract to sustain its Collins-class submarines for the next four years. According to Australia’s Department of Defence, the agreement ensures job security for over 700 workers in South Australia and another 400 in Western Australia. It also aligns with the government’s...
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QinetiQ to Continue Managing UK’s Classified Military Data System; James Willis Quoted
QinetiQ has secured a $19.3 million contract from the U.K. Ministry of Defence to continue managing the Thundercloud system. The defense technology company, which has overseen Thundercloud since 2001, said it will focus on Agile system upgrades to advance the data management platform for the next two years. Since the 1980s, Thundercloud has been providing...
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Canadian Armed Forces Orders 90 Light Tactical Vehicles From GM Defense; Steve duMont Quoted
The Canadian Armed Forces has awarded GM Defense Canada a $25.96 million contract to procure 90 light tactical vehicles to support the NATO Enhanced Forward Presence Multinational Battlegroup in Latvia. The order could increase to up to 108 units if the CAF exercises an option to purchase more LTVs. Under the contract, the GM Defense...
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Embraer Seals Deal to Provide Netherlands, Austria With Nine C-390 Millennium
Embraer has secured a contract with the Dutch Ministry of Defense to deliver nine C-390 Millennium aircraft. The joint purchase agreement will supply five C-390s for the Royal Netherlands Air Force and four aircraft for the Austrian Air Force. The aerospace company said the procurement will improve the European countries’ ability to rapidly move personnel...
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Czech Republic to Purchase $138M Worth of Hellfire Missiles and Related Services
The United States has approved the Czech Republic’s request to purchase Hellfire missiles and advanced precision kill weapon systems. The Defense Security Cooperation Agency said Congress has been notified about the potential foreign military sale, estimated to cost $138.26 million. The decision was made after the Department of State determined that the acquisition would not harm...
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IBM to Support USAID Initiative to Strengthen Cybersecurity in Europe; Alice Fakir Quoted
IBM has secured a contract from the U.S. Agency for International Development to provide cybersecurity support in European and Eurasian countries. The deal includes a $26 million in initial funding to support the agency’s Cybersecurity Protection and Response program, which helps strengthen cybersecurity across government and critical infrastructure and bolster information sharing in Europe and...
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Planet Brings AI Technology to Maritime Domain Awareness Under New Contract
Planet Labs has received a contract to supply an international customer with an advanced maritime domain awareness solution for vessel detection and monitoring. Under the agreement, the San Franciso-based company will work with partner SynMax to deliver its artificial intelligence-enhanced PlanetScope data to the client. According to Planet, the unnamed defense customer also expanded its SkySat...
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Germany Places Order for Rheinmetall Practice Rockets
The German Armed Forces has ordered unguided 70 mm practice rockets from Rheinmetall under a potential $109.42 million framework contract. An initial order worth a mid-double-digit million euro was placed in the second quarter, with deliveries expected to be completed in the coming months and serial production to commence between 2025 and 2029. The practice...
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Canada Awards Hitachi Energy Funding to Build HVDC Simulation Center in Quebec
Hitachi Energy Canada has secured funding from the Canadian government to build a new high-voltage direct current simulation center in Montreal. HVDC is a key component that integrates large-scale renewable electricity into the power grid. On Monday, the company said it received around $22 million from the Strategic Innovation Fund, a national investment program supporting...