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Thursday, June 29, 2017

Today's Defense & Aerospace News

Image - Kratos Announces BQM-177A Subsonic Aerial Target Drone System LRIP Contract from US Navy

Kratos Announces BQM-177A Subsonic Aerial Target Drone System LRIP Contract from US Navy

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS), a leading National Security Solutions provider, announced today that its Unmanned Systems Division (USD) was awarded an amendment to a previously awarded contract to exercise an option for Low Rate Initial Production Year 1 (LRIP 1) from the U.S. Navy, for BQM-177A Subsonic Aerial Target (SSAT) Drone Systems. The SS...
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Image - Rheinmetall Wins Order for More Bundeswehr Future Soldier Systems

Rheinmetall Wins Order for More Bundeswehr Future Soldier Systems

Rheinmetall has won a major order from the German Bundeswehr with a gross value of EUR370 million (net value: EUR310 million).The Dusseldorf-based tech group is to supply enough state-of-the-art "Future Soldier - Expanded System" (IdZ-ES) soldier systems to equip 68 infantry platoons. The contract signing ceremony took place at Germany's Federal Office for Bundeswehr Equip...
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Image - Saab Receives Order for NLAW

Saab Receives Order for NLAW

Defence and security company Saab has received an order from the Swiss Federal Office for Defence Procurement, armasuisse, for deliveries of the Next generation Light Anti-Tank Weapon system (NLAW) to the Swiss Army. The order value amounts to BSEK 1.035 with deliveries during the period 2018-2021. The order includes the supply of NLAW weapon systems, associated trainin...
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