Business

US Announces $2.4 Billion Sale of Coastal Defense Systems to Taiwan

The United States said it had approved a $2.4 billion sale of 100 Harpoon coastal defense systems to Taiwan, defying Beijing's anger over a $1 billion missile deal last week.

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Iran Says Will Sell More Arms Than Buy After Embargo Lifted

Iran on Monday said it is more inclined to sell weapons rather than buy them, after it announced the end of a longstanding UN conventional arms embargo.

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Trump Says He Has ‘No Problem’ Selling UAE Advanced F-35 Planes

Trump said Tuesday he would have "no problem" selling advanced F-35 warplanes to the United Arab Emirates, despite objections from close ally Israel.

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‘Legitimate’ Concerns About Saudi Arms Sales, Ex-US Official Says

State Department officials voiced concern over risks to civilians before Secretary of State Mike Pompeo rammed through $8.1 billion in arms sales to Saudi Arabia and other Arab allies, a former aide was quoted Monday as telling lawmakers.

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First French Fighter Jets Head to India After Purchase

The first five of a batch of French Rafale fighter jets purchased by New Delhi in a controversial multibillion-dollar deal headed to India on Monday for rapid deployment amid rising tensions with China.

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US Approves Sale of 105 F-35 Stealth Fighters to Japan

The United States announced that it has approved the sale of 105 F-35 stealth aircraft to Japan for an estimated $23.11 billion. 

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PAE Awarded Contract at US Marine Corps Air Station Iwakuni, Japan

PAE was awarded a Naval Facilities Engineering Command Far East contract to provide heating, ventilation and air conditioning systems maintenance, testing and installation services at US Marine Corps Air Station Iwakuni, Japan. The contract has a one-year base period of performance with three one-year options and an estimated total value of approximately $25.1 million. PAE President and CEO John Heller said the award highlights PAE’s long-respected engineering and operations maintenance capabilities supporting US projects in Japan. “PAE started 65 years ago by providing the US government critical services to rebuild Japan and other parts of Asia after World War II,” Heller said. “That legacy of dependable service continues today as we support the Navy at the air station in Iwakuni.” The HVAC maintenance contract builds on major projects the PAE Design and Facility Management entity in Japan has supported as Air Station Iwakuni expanded over the past decade. Significant projects include the design of a 131,000-square-foot medical clinic, which opened in 2018, and a flight training facility, now under construction. “The skilled team leading this effort has decades of combined experience managing design, construction, maintenance and repair programs in Japan,” said PDFM President Scott Gold. “By understanding both the technical …

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Huntington Ingalls Industries Awarded $145 Million Contract for Amphibious Assault Ship LHA 9

Huntington Ingalls Industries announced that its Ingalls Shipbuilding division has received a third contract modification from the US Navy for $145 million to provide long-lead-time material and advance procurement activities for amphibious assault ship LHA 9.  This modification brings the total advance funding for LHA 9 to $350 million. “This advance procurement contract will help protect the health of our supplier base and strengthen our efforts to efficiently modernize the nation’s amphibious fleet as we continue to build amphibious ships for the Navy,” Ingalls Shipbuilding President Brian Cuccias said. Ingalls is the sole builder of large-deck amphibious ships for the Navy. The shipyard delivered its first amphibious assault ship, the Iwo Jima-class USS Tripoli (LPH 10), in 1966.  Ingalls has since built five Tarawa-class (LHA 1) ships, eight Wasp-class (LHD 1) ships and the first in a new class of amphibious assault ships, America (LHA 6), in 2014. The second ship in that class, Tripoli (LHA 7), was delivered to the Navy earlier this year. Bougainville (LHA 8) is under construction. Huntington Ingalls Industries is America’s largest military shipbuilding company and a provider of professional services to partners in government and industry. For more than a century, HII’s Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more …

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Germany to purchase 93 Eurofighters, 45 F-18s to replace Tornado bombers, AKK says

Germany is planning to purchase 93 Eurofighters as well as 45 US-made F-18s to replace its aging Tornado bomber-fighter jet fleet, Defence Minister Annegret Kramp-Karrenbauer said

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Germany to replace Tornado bombers with Airbus and Boeing fighter jets

Germany confirmed it aims to replace its aging fleet of Tornado fighter-bombers with aircraft from both European manufacturer Airbus and US-based Boeing

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