Business
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Aug- 2018 -3 August
US approves $40 million sale of 2,622 bombs to Kuwait
The U.S. State Department approved the sale to Kuwait of 2,622 bombs for its F/A-18 aircraft at an estimated cost of $40.4 million
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2 August
Rheinmetall defense earnings up €17 million in first half of 2018
Rheinmetall Group's defense sales fell to €1.263 billion in the first half of 2018 while earnings rose €17 million to €31 million
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1 August
Profits down at BAE on weak Eurofighter Typhoon demand
BAE Systems said in its first-half report that profits had fallen nearly one-fifth on weak demand for Eurofighter Typhoon fighter jets
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1 August
US approves $169 million sale to Netherlands of 106 torpedo conversion kits
The U.S. State Department approved the sale to the Netherlands of 106 kits to convert Mk 46 torpedoes to Mk 54 for an estimated cost of $169 million
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Jul- 2018 -31 July
India eyes the Raytheon/Kongsberg National Advanced Surface-to-Air Missile System
India’s Ministry of Defence has approved the acquisition of the latest version of the National Advanced Surface-to-Air Missile System (NASAMS) to boost air defenses in New Delhi
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31 July
US approves sale to Bahrain of 28 TOW missile Improved Target Acquisition Systems
The US State Department approved the sale to Bahrain of 28 TOW Improved Target Acquisition Systems and related equipment, at estimated cost of $80 million
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31 July
US approves sale of 300 Hellfire missiles to Kuwait
The US State Department approved the sale to Kuwait of 300 AGM-114R Hellfire missiles and related equipment at an estimated cost of $30.4 million
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30 July
Japan to spend $4.2 billion on Lockheed radars for Aegis Ashore missile defense
Japan said it would spend $4.2 billion over 30 years on installing and operating U.S. radar systems for its Aegis Ashore ballistic missile defense systems
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26 July
Boeing posts 9% increase in defense revenue for second quarter
Boeing posted strong second quarter 2018 earnings driven by demand for domestic and foreign military aircraft sales
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26 July
Raytheon quarterly sales increase 5.5% on Patriot and classified contracts
Raytheon announced a 5.5% increase in net sales for the second quarter 2018 driven by Patriot missile defense system and classified contracts
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