Procurement & Contracts

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October 20, 2025
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Procurement & Contracts

Korean Air Partners with Archer to Launch eVTOL Aircraft in South Korea

Korean Air and Archer Aviation Inc. have signed an agreement to introduce Archer’s Midnight eVTOL aircraft in South Korea, beginning with government operations and expanding into broader commercial use....

October 20, 2025
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Procurement & Contracts

U.S. Army Awards Anduril Contract for Next-Gen Drone Defense Network

The US Army has chosen California-based Anduril Industries to enhance a system that helps troops track and neutralize unmanned aerial systems (UAS). This follows a months-long competition led by...

October 20, 2025
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Procurement & Contracts

Lockheed Secures $30M Contract for U.S. Army’s Long-Range Missile Phase 2

The US Army has awarded Lockheed Martin a $30 million contract to advance its Spike Non-Line-of-Sight (NLOS) system into Phase 2 of the Mobile-Long Range Precision Strike Missile (M-LRPSM)...

October 18, 2025
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Procurement & Contracts

South Korea Selects L3Harris for AEW&C Aircraft Program

L3Harris Technologies (NYSE: LHX) has been awarded a contract to supply the Republic of Korea Air Force with modified Bombardier Global 6500 AEW&C aircraft. The company is collaborating with...

October 17, 2025
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Procurement & Contracts

US Army Accelerates M1E3 Abrams Hybrid Tank Prototype for 2025 Launch

The US Army has accelerated the timeline for its M1E3 Abrams main battle tank, planning to unveil a prototype by the end of 2025. The modernization effort signals a...

October 17, 2025
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Procurement & Contracts

South Korea Receives First Laser Minehunting System from Northrop Grumman

Northrop Grumman has handed over the first Airborne Laser Mine Detection System (ALMDS) to South Korea, marking a key milestone in the country’s push to strengthen naval mine countermeasure...

October 16, 2025
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Procurement & Contracts

US Army Grants Skydio $7.9M Deal for X10D Reconnaissance Drones

The US Army has awarded Skydio a $7.9-million contract to provide X10D small unmanned aircraft systems (sUAS) under the Short Range Reconnaissance (SRR) Tranche 2 program. The deal covers...

October 16, 2025
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Procurement & Contracts

Boeing Secures $2.7B Contracts to Produce Patriot PAC-3 Missile Seekers

Boeing has received $2.7 billion in multiyear contracts to manufacture seeker components for the Patriot Advanced Capability-3 (PAC-3) interceptor — the US Army’s primary air and missile defense system....

October 15, 2025
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Procurement & Contracts

Rheinmetall Awarded Contract to Deliver Mobile Armored Field Hospitals to Bundeswehr

Rheinmetall has secured a 300-million-euro ($348.6 million) contract to develop and supply mobile, armored field hospitals for the German Armed Forces (Bundeswehr). Deliveries are scheduled to begin in 2029,...

October 15, 2025
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Procurement & Contracts

Belgium Receives Its First F-35A Jets from Lockheed Martin

Lockheed Martin has delivered the first three F-35A Lightning II fighters to the Belgian Air Force, marking a major step in Belgium’s transition from F-16s to fifth-generation combat aircraft...