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  • 19 November 2015
    Authorities, Equipment & technology, Industry news

    The UK Ministry of Defence awarded Bae Systems a £1.3 billion contract to build the fifth Astute-class submarine for the Royal Navy on November 19. The full contract covers the design and remaining build, test and commissioning activities on Anson, the fifth of seven technologically-advanced submarines in the class. Manufacturing commenced in 2010. The next UK […]

  • 18 June 2012
    Training & Education

    Although Russian defense minister Anatoly Serdiukov is still going to equip Russian warships with British-made furniture, its manufacturer… (rusnavy) [mappress] Source: Russian Navy, June 18, 2012; Image: strongbox

  • 24 February 2011
    Equipment & technology

      Russia will spend $600 billion in a massive new military procurement drive through 2020, equipping its forces with eight nuclear submarines… (thejakartaglobe) [mappress] Source: thejakartaglobe, February 24, 2011; 

  • 14 February 2011
    Industry news

    The armed forces will lose equipment worth more than £12 billion as part of wide-ranging government cuts targeting the country’s public defi… (thenews) [mappress] Source: thenews, February 14, 2011;

  • 6 July 2011

      Industry and Trade Minister Viktor Khristenko estimated the total value of contracts signed during the Fifth International Maritime Defense… (times) [mappress] Source: times, July 6, 2011;

  • 8 June 2011
    Equipment & technology

      Globally, the submarine market consists of 450 submarines operated by 41 countries. Some 154 submarines are to be procured up to 2021, costing a total of $186.3 billion. Most of the 41 nations are upgrading their fleets or adding to them as a result of rapidly changing defence requirements. The Global Submarine Market 2011–2021 […]

  • 8 May 2014
    Industry news

    The U.S. Navy yesterday announced that Sikorsky Aircraft, a subsidiary of United Technologies Corp., has been selected to build the next fleet of Marine One helicopters for the Office of the U.S. President.   With the selection comes a $1.24 billion Engineering and Manufacturing Development (EMD) contract to modify, test and deliver six FAA-certified S-92® […]

  • 7 July 2016
    Authorities, Equipment & technology, Industry news

    Thailand’s Ministry of Defense has confirmed that Thailand is set to buy three submarines from China for a price of $1 billion. According to IHS Janes, the submarines to be bought are S26T (Thailand) diesel-electric submarines, a modified export version of the Yuan-class (Type 041). Responding to media reports about the deal, defense minister Prawit Wonsuwon said that […]

  • 2 August 2013

    The U.S. Navy recently awarded Boeing a $1.98 billion contract for 13 additional P-8A Poseidon aircraft, continuing the modernization of U.S. maritime patrol capabilities that will ultimately involve more than 100 P-8As. The contract includes long-lead funding previously approved by the Navy.   The Navy has now ordered 37 of the 117 P-8As it is […]

  • 10 February 2016
    Authorities, Industry news

    The U.S. Navy has awarded General Dynamics’ Electric Boat division a $23.6 million contract modification to continue development of the U.S. Navy’s Ohio Replacement submarine. Under the terms of the modification, Electric Boat will perform air conditioning unit detail design, prototype unit manufacture and technical manual development. Initially awarded in December 2012, the five-year $1.85 billion […]

  • 24 June 2019
    Authorities, Industry news, Vessels

    An updated estimate of the Canadian Surface Combatant (CSC) program indicates that the Canadian government is poised to pay C$8 billion more than initially expected to acquire a fleet of 15 new frigates. According to the government’s new budget officer report, the total cost of the CSC program is C$69.8 billion (US$52.7 billion) over 26 […]

  • 22 April 2020

    Aviation service provider Erickson Incorporated has secured a contract with the United States Navy to provide aircraft maintenance services and support. The USD 6.1 billion contract covers modification kit build and installations; recovery of downed aircraft; repair of aircraft and components; overhaul of engines; and contractor logistics support. The work is expected to be complete […]

  • 17 June 2016
    Authorities, Industry news

    The Qatari Ministry of Defence has chosen the Italian shipbuilding group Fincantieri over the rival French DCNS for its €4 billion euro national naval acquisition program. Fincantieri and the Qatari Ministry of Defence signed the contract for the construction of seven new units overall in Rome, Italy on June 16. Reaching approx. 4 billion euros, the contract […]

  • 23 March 2011
    Equipment & technology

    It is planned to appropriate about RUR 5 trillions for modernization of Russian Navy, said Vice Premier Sergei Ivanov at the press conferenc… (rusnavy) [mappress] Source: rusnavyMarch 23, 2011;

  • 17 January 2012
    Authorities, Industry news

      The next fleet of  navy ships will include components designed by Canadians, Prime Minister Stephen Harper Said. Harper announced an agreement in Halifax to start building the vessels under the $35-billion federal shipbuilding program. The Irving shipyard will build 21 combat vessels under its $25-billion deal and the Seaspan Marine Corp. Shipyard will construct […]

  • 23 May 2018
    Authorities, Equipment & technology

    The UK defense ministry’s program for the development of a new class of nuclear missile submarines and Trident nuclear program renewal is facing a £2.9b “affordability gap”, a review by spending watchdog National Audit Office (NAO) has found. This is in addition to the pressure faced by the defense ministry to keep the nuclear enterprise affordable […]

  • 7 January 2013
    Industry news

    General Dynamics Electric Boat was recently awarded three U.S. Navy contracts totaling $4.6 billion to design and develop the next-generation strategic deterrent submarine, and to continue construction and purchasing of materials for Virginia-class attack submarines. Electric Boat is a wholly owned subsidiary of General Dynamics. Under a five-year, $1.85 billion Ohio Replacement Program contract, Electric […]

  • 3 March 2011

      Russia estimates a contract with France on the construction of four Mistral class helicopter carriers for the Russian Navy to be worth at le…   (en.rian) [mappress] Source: en.rian,March 3, 2011;

  • 29 September 2011
    Industry news

      Modernization of national navy conducted by Indian defense ministry will cost defense budget INR 3 trillions ($60.1 bln) in the nearest few years, reports TNN. This sum will be spent for procurement of surface ships, submarines, deck-based fighters, and coast-based patrol aircraft. In particular, the mentioned sum includes repair and upgrade of Russian aircraft-carrying […]

  • 22 February 2016
    Authorities, Industry news

    The Australian government is offering industry assistance to small and medium-sized businesses from the defence and shipbuilding sector under its Industry Facilitation and Support Program (IFSP). The government of Western Australia has announced the ninth round of the IFSP which offers $30,000 in matched funding. The purpose of the funds is to improve the competitiveness of the […]

  • 31 January 2013
    Industry news

    The Ministry of Defence has today published details of how it will equip the Army, Royal Navy and Royal Air Force over the next 10 years and how this will be funded. For the first time, the government has set out a fully-funded Defence Equipment Plan totalling almost £160 billion. The affordability of this plan […]

  • 27 July 2012
    Industry news

    In its 2013 shipbuilding plan, the Navy envisions buying a total of 268 ships during the next 30 years at an average annual cost of $16.8 billion (all figures are in 2012 dollars), totaling $505 billion over 30 years. Those figures are solely for the construction of new ships, the only type of cost reported […]

  • 27 September 2012
    Training & Education

    Repair, modernization, and rearmament of nuclear-powered missile cruiser Admiral Nakhimov will cost Russia about RUR 50 bln… [mappress] Source: Russian Navy, September 27, 2012

  • 10 February 2011

    Malaysia’s opposition on Thursday urged the government to review plans to buy six warships for nearly US$2.0 billion (S$2.6 billion), saying… [mappress] Source: asiaone , February 10, 2011;

  • 20 December 2016
    Authorities, Industry news

    The U.S. Navy has awarded Huntington Ingalls Industries a $1.46 billion contract to design and build the U.S. Navy’s new amphibious transport dock Fort Lauderdale (LPD 28). USS Fort Lauderdale will be the 12th  and final ship of the U.S. Navy’s San Antonio-class of amphibious transport ships. Ingalls has built and delivered 10 ships in the class […]

  • 2 March 2018
    Authorities, Industry news

    Australian defense industry minister on March 2 announced the signing of a AU$1.2 billion program for the five-year upkeep of Royal Australian Navy Anzac-class frigates. The sustainment contract has secured the jobs of almost 1700 workers minister Christopher Pyne said on Friday. The contract is an extension of an existing agreement with BAE Systems Australia, […]

  • 5 June 2013

    The U.S. Navy has awarded General Dynamics Bath Iron Works a contract valued at $2.8 billion for the construction of four Arleigh Burke-class destroyers, with an option for a fifth ship. General Dynamics Bath Iron Works is a business unit of General Dynamics. “This contract adds four ships to our workload in a fiscally challenging […]

  • 30 July 2012
    Industry news

    The U.S. Navy, on Friday (July 27th 2012), awarded Huntington Ingalls Industries a $1.5 billion fixed-price incentive contract for the detail design and construction of the amphibious transport dock LPD 27. The ship will be built at the company’s Ingalls Shipbuilding division. “This contract validates our proven performance in building amphibious ships,” said Doug Lounsberry, […]

  • 3 August 2017
    Authorities, Industry news

    A €5 billion deal between Italy and Qatar for the construction of seven navy vessels is now official following an announcement made by Qatar’s foreign minister on Wednesday. “I am pleased to announce the conclusion of a deal between the Qatari Emiri Naval Forces to buy seven naval units from Italy in the context of […]