04 April 2023
by Oishee Majumdar
The Australian subsidiary of the UK-headquartered QinetiQ has secured an AUD12.9 million (USD8.68 million) contract from the Australian Department of Defence (DoD) to co-develop and manufacture a high-energy laser system prototype.
The laser system prototype is expected to improve the Australian Defence Force's (ADF's) defensive capabilities in a “wide range of operational environments”, the DoD said on 4 April.
Janes understands that the laser system prototype will be developed and built by QinetiQ under a two-year contract in South Australia.
26 May 2023
by Kapil Kajal
In service with the Republic of Korea Army, Hyundai Rotem's K2 main battle tank, pictured above, is replacing ageing inventories of M48 Patton tanks and older models of the K1 MBT. (Janes/Kelvin Wong)
South Korea's Defense Acquisition Program Administration (DAPA) has approved the mass production of a fourth batch of the Hyundai Rotem K2 main battle tank (MBT) for the Republic of Korea Army (RoKA).
25 May 2023
by Michael Fabey
Electric Boat awarded Newport News Shipbuilding a contract modification for Block V attack submarines. (Newport News Shipbuilding)
General Dynamics Electric Boat awarded HII's Newport News Shipbuilding (NNS) unit a USD305.2 million contract modification to procure long-lead-time material for two additional Block V Virginia-class submarines, HII confirmed on 24 May.
The contract modification brings the overall contract value to USD10.2 billion, HII said.
“These funds are critically important to stabilising and providing predictability to the thousands of suppliers across the country,” said Jason Ward, NNS vice-president of Virginia-class submarine construction. “The submarine industrial base is crucial.”
25 May 2023
by Kapil Kajal
Caracal has signed an agreement with Ketech Asia for the production of the CAR 816 assault rifles, pictured above, in Malaysia. The CAR 816 is chambered for the 5.56×45 mm cartridge. (Edge)
The United Arab Emirates small-arms manufacturer Edge Group's Caracal subsidiary has signed an agreement with Ketech Asia for the production and resale of the CAR 816 assault rifles in Malaysia.
The agreement was signed on 24 May at the Langkawi International Maritime and Aerospace (LIMA) Exhibition 2023, held in Langkawi, Malaysia, from 23 to 27 May.
The Australian subsidiary of the UK-headquartered QinetiQ has secured an AUD12.9 million (USD8.68 mi...
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