Terms of the acquisition include the shipbuilder paying a fixed fee of €300 million ($323 million), and “based on certain growth assumptions,” an additional €115 ($124 million) directly relating to performance of the underwater armaments business this year.
By Tim MartinGray Eagle is the low-cost, low-risk answer to Army modernization
Gray Eagle STOL and Gray Eagle 25M are the best options for Army aviation as it assesses where to move from its current inflection point.
German Defense Minister Boris Pistorius encouraged allies, including the US, to “arrive” at military expenditure of 3 percent GDP – though declined to put forward a timeline for such change to occur.
By Tim Martin
NATO has established eight different capability coalitions designed to get critical systems or ammo into Ukrainian hands quickly. Here’s a deep dive into how they’re all faring.
By Tim Martin
“We do have indications that this was the suspected work of a malign actor and we cannot rule out state involvement,” Grant Shapps, UK defense secretary told lawmakers.
By Tim Martin
Gen. Micael Byden, Supreme Ccmmander of Sweden’s military, sat down with Breaking Defense during a recent visit to Washington.
By Aaron Mehta
Helsinki had considered the “wise” move of storing some equipment out of Moscow’s reach for years, but NATO membership cut through red tape, Finnish officials told Breaking Defense.
By Lee Ferran
The comments are the second time in the span of 10 months that industrial officials have publicly revealed a reduced buy from a max of 44 helos is on the table.
By Tim Martin
Enterprise-wide training: the Army’s $3.5B program for multi-service combat readiness
The competition for Warfighter Training and Readiness Solutions will bring together training networks, combat training centers and live ranges across the DoD enterprise.
The future company will commit to a 50/50 workshare split between French and German manufacturers, supported by an “innovative ‘level-pillar approach,’” said manufacturer KNDS.
By Tim Martin
In a clear reference to Russian aggression, the Swedish government committee warned in a statement of the “deteriorating security situation.”
By Tim Martin
In addition, CEO Kathy Warden says the company sees a chance to sell up to five Triton UAVs to the NATO alliance.
By Michael Marrow
Such is the scale of British Army acquisition problems alone that they could not be resolved if the UK moved to a long term spending settlement of even 4 percent GDP, an expert told British lawmakers.
By Tim Martin
Gen. Eirik Kristoffersen, Norway’s Chief of Defense, talks to Breaking Defense about his plans for spending on new frigates and subs, the challenges of upgrading Norway’s “digital backbone” and refilling the military’s stocks.
By Aaron Mehta
Under the new plan, London wants to spend a cumulative extra of £75 billion ($93 billion) over the next six years, culminating in a 2030 annual defense budget of £87 billion ($108 billion), which would make it second in NATO only to the US in defense expenditure.
By Tim Martin
The US remains the world’s largest defense spender, outlaying $916 billion last year, a 2.3 percent annual increase, ahead of China in second place, which spent an estimated $296 billion, a 6 percent increase over the same period.
By Tim Martin
