K2 Energy Solution has won $81 million contract from the Naval Sea Systems Command of US to design an energy storage system capable of powering “a large modular capacitor bank for the electromagnetic railgun.” The contract was awarded in July but the first order was not placed until today
France is hopeful that "Make in India" campaign would lead to clearing of the much-delayed surface-to-air missile systems project worth $6 billion with India. However, the Indian armed forces are skeptical about the missile since indigenously developed Akash is in play
Mace Security International expanded its offering through its subsidiary, Mace Tactical Solutions (MTS) to include a complete line of less than lethal munitions and weapon systems to its law enforcement, corrections and military customers. Mace Brand started offering customers a “one-stop shop” for acquiring supplies needed to perform and train for...
Russia's next-generation Armata main battle tank will undergo state testing in 2016, Oleg Bochkaryov, Deputy Chairman of the Russian Military-Industrial Commission said on Monday. Bochkaryov specified that after taking part in the May 9, 2015 Victory Day military parade, commemorating 70 years since the defeat of the Nazi Germany, several dozens...
General Dynamics Land Systems (GDLS) has won a $99.7 million contract for M1A2 (M1A2S) Abrams tanks for the Kingdom of Saudi Arabia
BAE Systems has won a contract worth $1.2 billion from the US Army for the Engineering, Manufacturing, and Development (EMD) and Low-Rate Initial Production (LRIP) of the Armored Multi-Purpose Vehicle (AMPV)
A treaty laying down international rules for the $85 billion dollar global arms trade will go into force on Wednesday, compelling countries to set up national controls on arms exports. According to treaty, States must assess whether a weapon could be used to circumvent an international embargo, be used for genocide and war crimes or be used by terrorists and organized crime
The US approved possible sale of tanks and armored vehicles worth about $3 billion to boost Iraqs fight against Islamic State extremists. The possible Foreign Military Sale to Iraq for M1A1 Abrams tanks and associated equipment, parts and logistical support has been permitted for $2
Oshkosh Defense has won a contract worth $67 million from the US Army to produce 256 trucks and trailers under Family of Medium Tactical Vehicles (FMTV) program. The Deliveries are scheduled to happen between 2015 and 2016 for U
Nexter and Hydrema have signed a partnership agreement on 16 december, concerning the Danish Armoured Personal Carrier replacement program (APC-R). Under an existing agreement, Hydrema will also perform the in-country logistic support of Nexters CAESAR self-propelled howitzer in the event that CAESAR is selected by DALO as part of its on-going artillery competition
Lockheed Martin announced today that it has won a $235 million US Navy contract to continue building MK 41 Vertical Launch Systems (VLS) with options that, if exercised, would increase the value to $356 million. The VLS fires a wide range of missiles, primarily off of U
Indias guided missile destroyer INS Kolkata will fire a long-range surface-to-air missile (LR-SAM) in 2015, The Hindu reported Saturday. “The vertical launch units of the LR-SAM, also called Barak 8, have been built into the vessel and the MF-STAR (multifunction surveillance and threat alert radar) is in place for missile guidance