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Latest News

Land Warfare

Lockheed Martin awarded $2.8 billion THAAD development contract

The contract amount for the Terminal High Altitude Area Defense (THAAD) Weapon System will support its continued development over the next five years, with two options to extend for up to 10 years.

Naval Warfare

MDL and TKMS partnership becomes sole bidder for India’s $8 billion P751 contract

The partnership is understood to be the only remaining contender for the contract which could be signed in 2026.

Land Warfare

Rheinmetall signs $3.2 billion framework agreement for platoon systems

As part of the agreement, Rheinmetall has received an initial contract for 92 platoon systems, consisting of 68 refurbished platoon systems and 24 new systems, worth approximately €417 million (US$432 million).

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