March 2020 Global Defence & Security Industry - Military News

 
 
 
 
 

The U.S. Special Operations Command (USSOCOM) has issued a Request for Information (RFI) for the Joint Armored Ground Mobility System (JAGMS) program seeking to procure a new armored ground tactical vehicle. The new armored vehicle should be able to accommodate 9-11 passengers and must be capable of being Internally Air Transportable (IAT) in a C-130 Hercules.

More than 1,600 service members from 30 African and Western nations celebrated the accomplishments of exercise Flintlock 2020 in Nouakchott, Mauritania. The African-led exercise is designed to strengthen the ability of key partner nations in the region to counter violent extremist organizations, protect their borders and provide security for their people. Jim Garamone, DOD News, reports.

The U.S. State Department has made a determination approving a possible Foreign Military Sale to Morocco of 25 M88A2 Heavy Equipment Recovery Combat Utility Lift and Evacuation System (HERCULES) vehicles and/or M88A1 long supply HERCULES refurbished vehicles and related equipment for an estimated cost of $239.35 million. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale today.

The U.S. State Department has made a determination approving a possible Foreign Military Sale to Jordan of up to 700 Advanced Field Artillery Tactical Data System (AFATDS) software license copies and related equipment for an estimated cost of $300 million. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale on 25 February.

The Düsseldorf-based technology group Rheinmetall continued to grow in the fiscal year 2019, seeing further improvement in both sales and earnings. This development in the year under review was driven by the Group’s activities in the military business. However, the Automotive sector also proved robust in a weak market environment with an overall decline in automotive production.

As Indian media reported citing sources from the government of India, Armenia has signed a contract worth about $40 million to purchase four Indian ground-based mobile Swathi Weapon Locating Radar (WLR) stations for its artillery. India's Swathi Weapon Locating Radar (WLR) was selected by Armenia as a result of a tender, which involved similar radars of Russian and Polish manufacture. Their shipment is being carried on.

American Company Raytheon is enhancing the combat-proven Patriot™ Air and Missile Defense System under a $314 million task order for engineering services from the U.S. Army, awarded on January 30. The task order is funded by the 17 nations that rely on Patriot for integrated air and missile defense. This is the third of five annual, indefinite delivery/indefinite quantity task order awards with a total contract ceiling of more than $2.3 billion.

On February 28, 2020, the U.S. Army has awarded Lockheed Martin (NYSE: LMT) a potential $1.14B contract modification to manufacture surface-to-surface systems designed to engage service area and point targets. The Company will provide Guided Multiple Launch Rocket Systems to the U.S. Army as well as South Korea and Romania as part of foreign military sales arrangements.

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