US Marine Management has won a $36 million contract for the operation and maintenance of seven USNS Bob Hope class surge large, medium-speed roll-on/roll-off vessels. This contract includes a 12-month base period, four 12-month option periods and a six-month option, which, if exercised, would bring the cumulative value of this contract to $196 million, the US Department of Defense said in a statement Monday
The head of the Iranian Revolutionary Guards aerospace wing and missile program said Iran is in possession of a 10-ton bomb comparable in scale to the United States "Mother of All Bombs". “Following a proposal by the Aerospace Force of the Islamic Revolution Guards Corps (IRGC), Irans Defense Industries Organization manufactured a 10-ton bomb,” General Amir Ali Hajizadeh told
Northrop Grumman Corporation and Orbital ATK today announced they have entered into a definitive agreement under which Northrop Grumman will acquire Orbital ATK for approximately $7.8 billion in cash, plus the assumption of $1
The US Senate is likely to pass a $700 billion defense policy bill to boost military spending such as weapons and wartime missions in Afghanistan, Iraq, Syria and elsewhere. The legislation is expected to be approved on Monday which will require the Defense Department to deploy 14 additional ground-based interceptors at Alaska that will expand to 58 the number of interceptors designed to destroy incoming warheads
North Korea is reportedly building a nuclear-powered submarine likely to be ready in three years, according to a report by Japanese newspaper cited by
Boeing has promised to spend $18 billion in Canadian aerospace industry over the next decade if the contract is awarded. Canadian Prime Minister Justin Trudeau is scheduled to discuss the five-month old dispute between Boeing and Bombardier with his British counterpart Theresa May on Monday
Aviation Industry Corp of China (AVIC) and Russian Helicopters are close to inking an agreement for the joint development and production of a heavy-lift helicopter. “Our talks are in the final stage
Pakistan has threatened to drop US as a supplier of military aircraft if Washington tries to downgrade its relationship with Islamabad. Pakistan currently buys F-16 fighters and it would like to buy more F-16s, but we do have other options
Raytheon has received almost $32 million worth contract modification for foreign military sales involving Saudi Arabia and Lebanon for tube-launched optically-tracked wireless-guided (TOW) missiles. “Raytheon Missile Systems, Tucson, Arizona, has been awarded a $31,485,233 modification (P00066) to domestic and foreign military sales (Saudi Arabia, and Lebanon) contract W31P4Q-12-C-0265 for tube-launched optically-tracked wireless-guided (TOW) missiles,” the US Department of defense announced Friday
The Pentagon has awarded Raytheon a contract worth $127 million to provide Excalibur 155mm projectiles, the Department of Defense announced Friday. “Raytheon Missile Systems, Tucson, Arizona, has been awarded a $127,095,916 modification (P00078) to contract W15QKN-08-C-0530 for Excalibur 155mm projectiles,” the statement said