Business • Page 39 of 106 • The Defense Post

Mar- 2022 -

9 March

The Typhoon is a stabilized, remotely-controlled weapon system for naval ships developed by Rafael.

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.

9 March

Joe Saballa

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.

9 March

Hanan Zaffar

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.

8 March

Joe Saballa

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.

8 March

Inder Singh Bisht

France, Spain Award Airbus Tiger Attack Helicopter Upgrade Contract

The French and Spanish governments have awarded Airbus Helicopters a Tiger attack helicopter upgrade contract.

7 March

Staff Writer With AFP

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.

3 March