03 November 2021
by Ridzwan Rahmat
South Korea has begun a KRW160 billion (USD134 million) programme to develop an improved variant of the K745 Cheong Sangeo (Blue Shark) lightweight anti-submarine torpedo.
South Korea's Defense Acquisition Program Administration (DAPA) first announced via a media statement on 2 November that the country will be developing a torpedo system to strengthen its defences against hostile submarines.
Janes has since clarified with DAPA that the project pertains to research and development (R&D) work for an improved variant of the Blue Shark that was jointly developed by South Korea's Agency for Defense Development and LIG Nex1.
24 April 2024
by Jeremiah Cushman
Saab has developed an autonomy package for its CB 90 fast boat and demonstrated its ability to navigate the Swedish coast. Pictured above is a CB 90 that was delivered to Malaysia. (Dockstavarvet)
24 April 2024
by Giles Ebbutt
The XR Training consortium's USMC Amphibious Combat Vehicle driver simulator in its seat configuration with two DoF motion platform. The Vive HTC Elite headset is on the seat. The Instructor station laptop is on the table behind. (XR Training)
A consortium led by XR Training has been awarded a contract by the US Marine Corps (USMC) under an Other Transaction Agreement (OTA) to produce a driver training simulator for the new Amphibious Combat Vehicle (ACV). The value of the contract was not disclosed but Neil Levin, XR Training CEO, told Janes
18 April 2024
by Jeremiah Cushman
Actual and planned Canadian defence spending by category from 2021–22 to 2026–27. (Janes)
The Canadian government released its fiscal year (FY) 2024 defence budget on 16 April. The document projects spending of CAD33.8 billion (USD24.6 billion) in 2024–25, including adjustments from the Budget 2023 Refocusing Government Spending Exercise and incremental funding in the 2024 budget, although it warns that forecast amounts may change as programmes move through implementation. This is an increase from the forecast CAD29.9 billion spending in 2023–24, according to the document.
South Korea has begun a KRW160 billion (USD134 million) programme to develop an improved variant of ...
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