Alliance bolsters Italian Navy with €1.6bn minehunters deal
In a €1.6bn ($1.74bn) deal, Intermarine and Leonardo will supply the Italian Navy with five minehunters, poised to improve maritime…
26 Jul 2024
Ukraine gets first $1.6bn from frozen Russian assets
Ukraine has received the first payment of €1.5bn ($1.6bn) taken from frozen Russian assets, the EU has announced today (26 July). The payment marks the first step in the EU…
26 Jul 2024
Naval Group’s Netherlands submarine deal upheld amid TKMS objections
Despite facing strong objections from competitor Thyssenkrupp Marine Systems (TKMS), Naval Group has successfully retained the contract to build four Barracuda-class submarines for the Netherlands Ministry of Defence. The District…
26 Jul 2024
US and Japan acquire SM-3 interceptors from Raytheon
The US Department of Defense (DoD) has awarded Raytheon, an RTX subsidiary, a $2bn contract to manufacture and assemble Standard Missile-3 (SM-3) Block IIA all-up-round interceptors for the US and…
25 Jul 2024
AUKUS Pillar II: an unsung enterprise driving the alliance
Often overlooked by the deterrent of nuclear-powered submarines – the first pillar of the trilateral pact between Australia, the UK and the US (AUKUS) – Pillar II is a unique…
24 Jul 2024
Lockheed Martin deepens Spanish ties, secures SPY-7 production
Lockheed Martin is set to enhance its global defence technology capabilities by integrating Spanish firms into its SPY-7 radar supply chain. The aerospace and defence player has awarded purchase orders…
24 Jul 2024
UK to replenish LMM missile stocks after huge donations to Ukraine
The UK has ordered a “significant number” of Lightweight Multirole Missiles (LMM) from Thales UK to equip “current and future” air defence systems for the British Army and Royal Navy’s…