Boeing Announces Board and Management Changes

Boeing [NYSE: BA] President and CEO Dave Calhoun today announced his decision to step down as CEO at the end of 2024, and he will continue to lead Boeing through the year to complete the critical work underway to stabilize and position the company for the future. Board Chair Larry Kellner has informed the …

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Saab’s Strategic Vision for UAE Defense: Interview with Heléne Bittmann, Managing Director of Saab in the UAE

In the domain of defense and security solutions, Saab exemplifies innovation and dedication, continuously pushing boundaries and establishing new benchmarks. At the helm of Saab’s operations in the United Arab Emirates (UAE) is Heléne Bittmann, a distinguished leader with extensive experience spanning military and corporate spheres. As the Managing Director …

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MBDA Ramps Up ENFORCER Missile Production with European Support

MBDA is receiving a major boost for its ENFORCER missile system thanks to a proposed funding initiative from the European Commission’s ASAP (Accelerated Support for Advanced Procurements) program. This initiative, dubbed the ENFORCER Production Increase Campaign (EPIC), aims to significantly increase production rates at MBDA’s facilities in Schrobenhausen, Germany, and …

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Saab receives order for Swedish future fighter concept studies

Saab has received an order from the Swedish Defence Materiel Administration (FMV) regarding conceptual studies for future fighter systems. The contract period is 2024-2025. This includes conceptual studies of manned and unmanned solutions in a system of system perspective, technology development and demonstrations. Saab will collaborate closely with FMV, the …

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Algeria Strengthens Military with Advanced Chinese Drones

Algeria recently acquired four cutting-edge WJ-700 Falcon unmanned aerial vehicles (UAVs) from China, significantly boosting its military’s reconnaissance and combat abilities. This strategic move, reported by Algerian outlet ORCA Military in March 2024, comes amid regional tensions. The WJ-700 Falcons, currently undergoing final testing, belong to the High-Altitude Long Endurance …

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Morocco acquiring Javelin anti-tank missiles

Morocco is strengthening its arsenal against armored threats by acquiring over 600 Javelin anti-tank missiles, with the deal totaling $260 million. The US State Department confirmed the approval of this sale on March 19th, notifying Congress about Morocco’s request for 612 Javelin missiles and 200 Lightweight Command Launch Units (LWCLUs), …

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RTX’s Raytheon awarded $1.2 billion contract to provide Patriot air and missile defense systems to Germany

Raytheon, an RTX (NYSE: RTX) business, was awarded a $1.2 billion contract to supply Germany with Patriot® air and missile defense systems. These systems will augment Germany’s existing air defense infrastructure with additional Patriot equipment. The scope of the contract includes the most current Patriot Configuration 3+ radars, launchers, command and …

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