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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Tag: Contracts
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Leonardo Exec Sees MBDA-Style Consolidation for Europe’s Defense Industry
Leonardo co-general Manager Lorenzo Mariani said significant consolidation among European defense companies in the future will lead to a healthier defense sector in the region. In an interview with Breaking Defense published on Thursday, Mariani discussed how consolidation differs from the mergers and acquisitions practice in the United States and how it is more similar...
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Report: US Must Prioritize FMS From NATO Members to Secure Regional Security
A report by RAND suggested that the United States adopt a framework systematically prioritizing NATO members’ foreign military sale cases to align with defense security goals in Europe. Apart from taking on the proposed framework, the report made additional recommendations to the United States Army Europe and Africa to improve regional security, including: Ensuring USAREUR-AF...
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Greece Advances Allied Interoperability With Lockheed F-35 Purchase, Bridget Lauderdale Quoted
The Greek government has signed a letter of offer and acceptance for the purchase of 20 Lockheed Martin F-35 Lightning II aircraft through a U.S. foreign military sale, with an optional 20 additional F-35s. Washington approved the sale, valued at $8.6 billion, in January. Bridget Lauderdale, Lockheed Martin’s vice president and F-35 program general manager,...