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Saab receives Gripen order from Hungary

WIL BALDWIN February 23, 2024

SAAB AB (Stockholm: SAABb) has today signed a contract with the Swedish Defence Materiel Administration (FMV) and received an order for four additional Gripen C fighter aircraft for Hungary. This order follows an amendment to…

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Saab Q3 2023 results: Growth momentum in an evolving market

WIL BALDWIN October 27, 2023

Saab AB (Stockholm: series B: SAABb)President and CEO Micael Johansson says “The geopolitical tensions are impacting our industry and driving the largest increase in defence investments in the last 30 years, particularly in Europe. In…

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Airbus signs 1.2 billion Euro contracts for support of France’s A330 MRTT fleet

WIL BALDWIN October 24, 2023

Getafe, Spain - 23 October 2023 – Airbus Group SE (Paris: AIR) Defence and Space has signed two contracts valued at 1.2 billion euros in total with France’s Direction generale de l'armement (DGA) and Direction de…

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Airbus delivers first C295 to India

WIL BALDWIN September 13, 2023

Seville, Spain, September 13, 2023 – Airbus Group SE (Paris: AIR) Defence and Space has officially handed over in fly-away condition the first of 56 C295 aircraft to the Indian Air Force (IAF) to begin…

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Lockheed Martin unveils Slovakia’s first F-16 block 70 aircraft

WIL BALDWIN September 10, 2023

Greenville, South Carolina, September 7, 2023 – The first F-16 Block 70 aircraft for the Slovak Republic was unveiled at Lockheed Martin’s (NYSE: LMT) facility in Greenville, South Carolina, during a visit from the country’s Minister…

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Saab opens new radar production site in Fareham, Hampshire, England

WIL BALDWIN September 9, 2023

Saab (SAAB-B.ST) UK’s Sensor Systems business operates from Saab’s site in Fareham, with a team also located in Farnborough. The skilled staff in Fareham primarily produce and integrate the new Deployment Set, a configuration of…

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Boeing showcases F-15EX for Poland’s air defense

WIL BALDWIN September 7, 2023

Kielce, Poland, September 7, 2023 - Boeing (NYSE: BA) is showcasing the F‑15EX Eagle II fighter aircraft to Poland as a potential U.S. Department of Defense Foreign Military Sales program. The announcement was made at…

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Airbus & Korea Aerospace Industries launch Light Armed Helicopter production

WIL BALDWIN August 31, 2023

Seoul, South Korea - Airbus (OTC: EADSY) Helicopters and Korea Aerospace Industries (KAI) have signed an agreement to initiate the serial production phase of the Light Armed Helicopters (LAH). This follows the contract awarded by the country’s…

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Lockheed Martin wins $765M deal for missile shield over Australia

WIL BALDWIN August 29, 2023

Canberra, Australia, August 29, 2023 – Lockheed Martin (NYSE: LMT) welcomed today’s announcement by the Department of Defense on being selected as the strategic partner to steward AIR6500 Phase 1 (AIR6500-1). AIR6500-1 will provide the…

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Voyager Space and Airbus Announce Joint Venture to Build and Operate Starlab

WIL BALDWIN August 2, 2023

DENVER – 02 August, 2023 - Voyager Space, a global leader in space exploration, and Airbus (OTC: EADSY) Defence and Space, the largest aeronautics and space company in Europe, today announced an agreement paving the way for…