Procurement & Contracts

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July 31, 2025
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Procurement & Contracts

Leonardo Confirms $1.95B Deal to Purchase Iveco Defense

Italian aerospace and defense company Leonardo announced plans to acquire Iveco Defence Vehicles, a manufacturer of military and civilian armored platforms, for €1.7 billion ($1.95 billion). The transaction is...

July 31, 2025
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Procurement & Contracts

U.S. Army Expands Humvee Fleet With Fresh Procurement From AM General

AM General has been awarded a $126.5 million contract to supply additional M1165A1B3 Humvees to the U.S. Army, expanding the total value of the existing agreement to $3 billion....

July 30, 2025
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Procurement & Contracts

QinetiQ Secures $26 Million Deal for Critical Systems in US Nuclear Sub Fleet

QinetiQ US has secured a $26-million subcontract from General Dynamics Electric Boat to supply advanced electrical and electromechanical systems for Virginia- and Columbia-class submarines. Work will be conducted at...

July 30, 2025
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Procurement & Contracts

Lockheed Marks Milestone With Delivery of 250th MK 48 Torpedo Guidance Section to US Navy

Lockheed Martin has reached a major milestone with the delivery of its 250th MK 48 Guidance and Control Section — a critical element of the US Navy’s heavyweight torpedo...

July 30, 2025
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Procurement & Contracts

Northrop Grumman Finalizes LRIP Contract Deliveries for IBCS Program

Northrop Grumman has successfully completed deliveries under the U.S. Army’s Low-Rate Initial Production (LRIP) contract for the Integrated Battle Command System (IBCS), marking a major milestone in modern air...

July 30, 2025
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Procurement & Contracts

Exail Teams Up With Major US Firm to Deliver 100 Navigation Systems for Underwater Naval Vehicles

Exail has signed a significant contract with a prominent U.S.-based defense company to supply 100 Phins Compact Inertial Navigation Systems (INS) for integration into Unmanned Underwater Vehicles (UUVs). Renowned...

July 30, 2025
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Procurement & Contracts

EPCOR and Riyadh Air Enter Long-Term Strategic Deal for APS5000 Maintenance

EPCOR, a subsidiary of AFI KLM E&M, has entered into a strategic long-term agreement with Riyadh Air to provide full maintenance and support for the APS5000 Auxiliary Power Units...

July 29, 2025
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Procurement & Contracts

Elbit Selected to Install DIRCM Defense Suite on German A400M Aircraft

Airbus has signed a $260-million contract with Elbit Systems to equip 23 German A400M aircraft with J-MUSIC DIRCM countermeasure systems. The modular suite, designed to counter heat-seeking missiles, will...

July 29, 2025
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Procurement & Contracts

Taiwan Takes Delivery of Second Batch of American Abrams Tanks

Taiwan has taken delivery of its second shipment of 42 US-made M1A2T Abrams tanks, further advancing its armored capabilities amid regional tensions. The tanks were transported from the Port...

July 29, 2025
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Procurement & Contracts

Indonesia Finalizes Deal for Two Turkish-Built Istif-Class Warships

Indonesia has inked a nearly $1 billion deal to procure two Istif-class frigates from Turkey during a defense event in Istanbul. The agreement supports Jakarta’s naval expansion amid rising...