Business
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Apr- 2022 -25 April
KTG Secures Additional Investment for Kraken K50
UK-based Kraken Technology Group has secured additional investment to develop its K50 precision engagement craft.
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25 April
Canada Purchases ‘King Air’ Spy Planes for $247 Million
Canada is acquiring three spy planes under a US foreign military sales agreement to boost its aerial surveillance capabilities.
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21 April
India Scraps Planned Purchase of 48 Russian Helicopters
India has cancelled a planned procurement of 48 Russian Mi-17 V5 helicopters in favor of local production.
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21 April
Collins Aerospace Unit to Make Next-Gen Aircraft, Hypersonic Weapons
Raytheon Technologies subsidiary Collins Aerospace has merged two business units to form a new group to develop next-generation aircraft and hypersonic weapon components
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19 April
USSOCOM Invests $10M in Jet Boots Dive Propulsion Systems
US Special Operations Command has awarded Patriot3 Inc. a $10 million contract for the acquisition of Jet Boots Dive Propulsion Systems through 2027.
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13 April
F-16 Sale to Turkey in National Interest: US
The US State Department has told Congress that the potential sale of F-16 fighter jets to Turkey would agree with the country’s interests.
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12 April
US Army Begins 5th Generation Aerial Target Identification Process
The US Army Contracting Command - Orlando is conducting market research to identify vendors to develop Fifth Generation Aerial Target prototypes.
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11 April
BAE Systems to Modernize USS Mustin in $89M Contract
The US Navy has awarded an $89.4 million contract to BAE Systems for major modernization work aboard the USS Mustin.
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7 April
Israel, US Approve German Purchase of Arrow 3 Missile Defense System: Report
Israel and the US have reportedly agreed to “cooperate” on the German request to buy the Arrow 3 missile defense system.
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6 April
Sikorsky RAIDER X Future Attack Aircraft Nears Completion
The Sikorsky competitive prototype for the US Army’s Future Attack Reconnaissance Aircraft is near completion.
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