Industry

US Navy welcomes 1st next-gen Tomahawk Block V missile
Raytheon Missiles & Defense has delivered the first next-generation Tomahawk Block V cruise missile to the US Navy.

Five firms shortlisted for Australia’s SEA129 Phase 5 program
The Royal Australian Navy’s Maritime Unmanned Aircraft System Continuous Development Program has reached a new milestone following the selection of five respondents to progress to the next phase of the procurement process.

Attack-class submarines: Australia, Naval Group sign contract amendments
Australia’s Future Submarine Program has reached a major milestone with the conclusion of negotiations between Defence Ministry and French Naval Group for the amendments to the strategic partnering agreement.

TKMS gets contract for six German-Norwegian Type 212 CD subs
After years of negotiations, Norway and Germany have reached an agreement with ThyssenKrupp Marine Systems (TKMS) for the acquisition of new Type 212 CD (common design) submarines, the Norwegian Ministry of Defense said on 23 March.

GDEB gets funding for one more Block V Virginia-class sub
General Dynamics Electric Boat (GDEB) has been awarded a $2.4 billion contract for the construction of a tenth US Navy Block V Virginia-class submarine with Virginia Payload Module.

Frigates to dominate naval vessels market over next decade, report shows
Frigates are expected to account for a 32.7% revenue share of the total naval vessels market over the coming decade, GlobalData’s new report shows.

MBDA Teseo Mk2/E anti-ship system for Italian Navy ships
European defence company MBDA will be providing the Italian Navy with its new Teseo Evolved Weapon System, Teseo Mk2/E.

Fincantieri teams up with BMT on US Navy cable ship program
Fincantieri Marine Group has partnered with BMT, a naval architecture and marine engineering design group, as they assist the U.S. Navy in their effort to design and build a cable ship replacement.

BMT to conduct industry studies for US Navy cable ship program
Engineering and scientific services provider BMT has received a prime contract to conduct industry studies for the US Navy’s T-ARC(X) cable ship replacement program.

Austal wins contract for US Navy’s 15th EPF
Shipbuilder Austal USA has secured a $235 million undefinitised contract by the US Navy for the detailed design and construction of the 15th expeditionary fast transport (EPF) vessel.

Report: Canadian Surface Combatant fleet to cost at least C$77.3 billion
A fleet of fifteen Type 26 ships planned to be built for the Royal Canadian Navy will cost C$77.3 billion (about $62 billion), a new report shows.

Fincantieri to build 2 next-gen submarines for Italian Navy
Fincantieri wins contract to build two next-generation submarines for the Italian Navy.

Rolls-Royce gets UK MOD funding for autonomous naval tech
Rolls-Royce has been awarded funding by the UK Ministry of Defence (MOD) to further develop and demonstrate the Artificial Chief Engineer technology – an autonomous machinery control system that allows naval vessels to undertake long endurance missions with less human interaction.

Egyptian Navy orders MBDA’s new anti-air missiles for Gowind corvettes
Missile manufacturer MBDA has been awarded a contract from the Egyptian Navy for the VL MICA NG — new generation — air defence system to equip its Gowind corvettes.