Leonardo has signed a contract with RUAG Aviation to provide its Seaspray 5000E Active Electronically Scanned Array (AESA) radars for the two RUAG Dornier 228 multi mission surveillance aircraft ordered by the Bangladesh Navy. The new aircraft will be used to help monitor and protect Bangladeshs 120,000 square kilometers of maritime territorial area and exclusive economic zone (EEZ)
Lockheed Martin has won a $73.8 million contract from the US Army for Phase 2 of the Long Range Precision Fires (LRPF) program that will provide next-generation precision fires with ranges up to 499 kilometers to combatant commanders
Austria prefers a government-to-government deal to lease fighter aircraft rather than issuing a tender that would take longer timeframe and might jeopardize 2020-2023 timeframe. Austria has sued Airbus and Eurofighter consortium (which includes BAE systems and Leonardo) in February this year alleging fraud linked to $2
Leonardo has launched the new version of its BriteCloud decoy for fast jets, called BriteCloud 218, following trials with Danish F-16 fighter aircraft. BriteCloud is a compact radio-frequency device that is launched by a fast-jet pilot when facing attack from radar-guided missiles
BAE Systems and Leonardo DRS have signed a Memorandum of Understanding to offer advanced threat detection capabilities for US Army fixed- and rotary-wing aircraft. The two companies will collaborate to develop an advanced infrared-based threat warning system to meet current and evolving operational requirements for Army aircraft survivability, BAE Systems said in a statement Wednesday
Leonardo DRS has signed an agreement to acquire Daylight Solutions, a US firm that develops and supplies quantum cascade laser products and technology. “Acquisition of Daylight Solutions is a first significant step forward towards the objectives of growth and development of the Industrial Plan 2017-2021
INS Betwa, a P-16A Class frigate has been made upright by the Naval Dockyard, Mumbai and the salvage firm, Resolve Marine, specially contracted for the operation. It may be recalled that, the ship which was undergoing major repairs, had keeled on to her side during her undocking on 05 Dec 2016
Lenoardo has closed 2016 fiscal year with a 35 billion Euro backlog including new orders for 2016 alone worth Euro 20 billion guaranteeing the Italy-headquartered defence and aerspace conglomerate a 3 years production run in its factories mostly in Europe. Net Result for 2016 before extraordinary transactions was at more than EUR 500 million, more than double of 2015 at EUR 253 million, a company statement said today
Leonardo has confirmed its participation in the US Air Force $16.3 billion T-X trainer competition alone
Leonardo-Finmeccanica has been awarded £271 million contract to support and provide training of 62 AW159 Wildcat helicopters operated by the British Army and Royal Navy. The deal is an important part of the Governments ten-year £178 billion plan to provide its Armed Forces, according to Minister for Defence Procurement, Harriett Baldwin
Leonardo-Finmeccanica has acquired full control of Sistemi Dinamici from IDS Friday. The control of the company, which involved the remaining 60 percent of shares, is aimed at further strengthening Leonardo in unmanned products thanks to the acquisition of the new unmanned lightweight helicopter SD-150 Hero program
Italys apex court has ordered a re-trial of former top executives at Leonardo-Finmeccanica over alleged irregularities in the AgustaWestland VVIP chopper deal worth US $753 million. Indias Central Bureau of Investigation (CBI) arrested former Air Chief SP Tyagi and two others last Friday on graft charges
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