Sikorsky received a $542m production contract from the US Navy to build six VH-92A presidential helicopters.
Procurement of the six helicopters is part of the programme of record for the US Marine Corps to purchase 23 aircraft.
In addition, the contract for the presidential helicopter replacement programme comprises spares and training support.
Babcock confirmed that it rejected a merger proposal from Serco Group, claiming that the potential combination had no strategic merit.
This was the second attempt made by Serco after a preliminary approach late last year, the newspaper added.
The companies announced plans for the JV in October 2018.
The Alliance Cooperation Agreement was signed by Fincantieri CEO Giuseppe Bono and Naval Group CEO Hervé Guillou while on board the Italian frigate Federico Martinengo in La Spezia.
The Indian Government issued an expression of interest (EoI) to identify interested domestic companies to build six conventional submarines under the national navy’s Project 75-I.
The Rs450bn ($6.45bn) P-75(I) project is a big boost to the government’s Make in India programme.
India’s P-75(I) project is the second project to reach out to private firms under the latest Strategic Partnership (SP) Model.
Germany commissioned Baden-Württemberg, the first of a new F125-class of German Navy frigate ships, during a ceremony on 17 June.
The F125-class ships will replace the Navy’s F122 Bremen-class frigates, which entered service between 1982 and 1990.
The US Navy awarded a $234m initial low-rate production contract to Raytheon to manufacture 23 joint precision approach and landing systems (JPALS).
The global positioning system (GPS) enabled precision landing systems will be outfitted on all of the navy’s nuclear-powered aircraft carriers and amphibious assault ships.
JPALS has the capability to guide aircraft to precision landings in all weather and surface conditions.
The UK Defence and Security Accelerator (DASA) is set to launch a new competition to seek intelligent systems and technology solutions to develop a comprehensive future Royal Navy fleet.
Known as ‘Intelligent Ship – The Next Generation’, the competition will be officially launched in London on 19 June.
Through the competition, the UK Ministry of Defence (MOD) is looking for proposals for novel and innovative projects to facilitate the wider use of intelligent systems within future warships.
The contract for Lot 6 full-rate production of G/ATOR radar systems also includes spares parts and retrofit kits.
Radar systems are being procured under a plan managed by Program Executive Officer Land Systems.
The US Navy-led multinational maritime-focused exercise Baltic Operations (BALTOPS) 2019 has commenced in the Baltic Sea.
The annual exercise will involve maritime forces from 18 countries and will be held until 21 June.
BALTOPS is a key maritime exercise in the Baltic region and one of the largest exercises in northern Europe. It is designed to enhance flexibility and interoperability among allied and partner nations.
The US Navy invited companies to bid for the detail design and construction (DD&C) contract of the next-generation guided-missile frigates FFG(X).
The request for proposals (RFP) is for the first ten frigates under the programme, including one base ship and nine options.
Following an open competition, the navy will announce a winner and award a contract for FFG(X) DD&C in the fiscal year 2020. The proposed contract is consistent with the US National Defense Strategy.