The global market for the acquisition of fighter jets sees the emergence of a significant new project. The Philippines plans to order 40 fighter jets from an international manufacturer, a contract valued at $7 billion, or approximately 6.3 billion euros. While Manila has expressed interest in Saab’s Gripen on several occasions and has even taken…
On 20 September, the European Union announced a significant loan package for Ukraine, pledging up to 35 billion euros ($39 billion) to help rebuild the country’s economy and war-damaged power grid. This loan is part of a larger $50 billion aid package organized by the Group of Seven (G7) major industrial nations. Since Russia’s full-scale…
Raytheon, a division of RTX, received a $1.1 billion contract modification from the U.S. Department of Defense (DoD) on September 11, 2024, aimed at boosting the production of Advanced Medium Range Air-to-Air Missiles (AMRAAM) under Lot 38. This contract supports Foreign Military Sales (FMS) to a group of allied nations, including Bahrain, Bulgaria, Canada, Finland,…
Nearly $1 billion allocated for regional agencies that purchase supportive services for Californians with developmental disabilities went unspent in a recent year and was ultimately returned to the state, even as some disabled people and their families said they needed more help.California provides assistance to people with autism and other developmental disabilities through a system…
Oshkosh Defense LLC, a major player in the defense industry, has secured a significant contract valued at $1.54 billion from the U.S. Army, dated August 20, 2023. This contract, awarded by the Army Contracting Command based at Detroit Arsenal, Michigan, extends Oshkosh’s longstanding partnership with the U.S. military. The contract involves the production, modernization, and…
The sale includes more than 50 F-15 fighter jets, with the first deliveries expected in 2029. Source
The platforms will offer enhanced capabilities for defe…
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