Business
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Mar- 2022 -9 March
Rafael Subsidiary Receives Clearance to Work in US
The US subsidiary of Israeli company Rafael has been granted facility clearance to work on confidential programs without collaborating with US firms.
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9 March
Lockheed to Spend $1B on Military Manufacturing in Saudi Arabia
Lockheed Martin is investing around $1 billion to help Saudi Arabia manufacture indigenous military equipment.
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9 March
Setback to European Fighter Jet as Companies in Deadlock
Europe’s Future Combat Air System fighter jet program has suffered a setback as the two main contractors have failed to reach an agreement on its development.
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8 March
BAE Systems Acquires Military Simulations Firm for $200 Million
BAE Systems has announced that it is acquiring military training simulator provider Bohemia Interactive Simulations for $200 million.
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8 March
France, Spain Award Airbus Tiger Attack Helicopter Upgrade Contract
The French and Spanish governments have awarded Airbus Helicopters a Tiger attack helicopter upgrade contract.
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7 March
Saudi, Lockheed Martin in Missile Defense Deal
Saudi Arabia announced a deal with Lockheed Martin to manufacture elements of the missile defenses of the Gulf state, the target of frequent cross-border attacks by rebels in Yemen.
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3 March
General Atomics to Unveil ‘Off-Board Sensing Station’ Drone: Report
General Atomics is unveiling a new drone Thursday as its submission for the Off-Board Sensing Station contract it clinched last year.
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3 March
US Army Awards BlueHalo $14M Offensive Drone Swarm Contract
The US Army has awarded a $14 million offensive drone swarm contract to Virginia-based BlueHalo.
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3 March
Northrop, Ball Aerospace to Build Sensor for US Missile Warning Satellites
Northrop Grumman and Ball Aerospace will jointly develop infrared sensors for the US Space Force’s polar-orbiting missile warning satellites.
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3 March
Nasmyth to Provide Components for British ‘Boxer’ Vehicle
British defense firm Nasmyth Group has been contracted to provide critical components for the UK’s Boxer infantry vehicle.
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