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Tag: defense modernization

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Lockheed Awarded $300M Navy Contract Modification to Support Australia Surface Combatant Program

Naval Sea Systems Command has awarded Lockheed Martin’s rotary and mission systems business a contract modification worth $300.94 million to provide software engineering and on-site support for the Australia Surface Combatant program. Work will be performed in Moorestown, New Jersey, and Adelaide, Australia, through September 2031. The ASC initiative involves the modernization of three Hobart-class...

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SkyAlyne to Train Canadian Aircrew Under $8.2B Contract; Marc Parent Quoted

SkyAlyne, a joint venture of global defense and security company CAE and KF Aerospace, will handle the Royal Canadian Air Force’s training program under a $8.2 billion, 25-year contract. The initiative, called Canada’s Future Aircrew Training program, involves preparations for Canadian military pilots, air combat systems officers and airborne electronic sensor operators, according to CAE’s...

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US To Provide $2B Direct Loan for Poland’s Defense Modernization Program

The United States has announced a $2 billion direct loan agreement to advance Poland’s defense modernization efforts. The Foreign Military Financing loan will support the country’s upgrade plans for its military forces, according to the Department of State. The deal will also bolster NATO’s defense and deterrence in Europe’s eastern flank, the department said, adding...