Top Stories from Global Defense Industry 19 - 25 February 2024

• An agreement on defense and security cooperation was signed between France and Armenia. In this context, France will provide Armenia with short, medium and long-range air defense systems.
• Australia has announced a budget of $7 billion to double and modernize its navy.
• Somalia's Cabinet approved the agreement signed with Türkiye in the field of defense cooperation.
• The U.S. Department of Defense announced that metal parts for 155-millimeter shells will be produced at the ammunition facilities established in the United States with the cooperation of subcontractors from the Turkish defense sector and planned to start production by the end of 2025.
• Sweden and Hungary signed a contract for the supply of four new Gripen C fighter jets.
• The Italian Parliament's Defense Committee approved the purchase of 132 Leopard 2A8 main battle tanks.
• EDGE Group and Fincantieri launch a joint shipbuilding initiative worth billions of euros to build shipbuilding infrastructure in the United Arab Emirates.
• The British Navy's Trident II intercontinental ballistic missile test has failed.
• The Austrian Ministry of Defense signed a contract with Rheinmetall to equip 36 GDELS PANDUR 6x6 EVO vehicles with the Skyranger 30 air defense system.
• Pratt & Whitney was awarded the contract for the maintenance and support of PW F100 engines used in the F-15K and F-16 aircraft of the South Korean Air Force.
• A $1.6 billion deal was signed between Azerbaijan and Pakistan for the purchase of JF-17 Thunder fighter jets and weapons.
• Israel's Elbit Systems introduced the Hermes 650 Spark, which can stay in the air for 24 hours and carry two different payloads.
• Airbus announced the delivery of the last of the 8 A400M transport aircraft ordered by Belgium.
• Korea Aerospace Industries and Germany-based Diehl Defense signed a memorandum of understanding for the integration of the IRIS-T short-range air-to-air missile into South Korea's KF-21 Block II and FA-50 fighter jets.

Top Stories from Global Defense Industry 19 - 25 February 2024

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