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guided missile destroyer USS Carney dc qzsxtv

Investors begin to rally to defence stocks as ETFs hit the ASX

Global uncertainty and mounting geopolitical tension have seen a new wave of investors flock to defence and aerospace exchange-traded funds (ETFs) to shore up returns.

INDUSTRY • Fri, 11 Oct 2024

US$736m Sidewinder production contract for Raytheon

The US Navy has awarded a US$736 million (AU$1.09 billion) manufacturing contract to Raytheon for the production of AIM-9X Sidewinder air-to-air missiles.

AIR • Fri, 11 Oct 2024

Boeing’s X-37B spaceplane commences advanced space manoeuvring

Boeing has confirmed its X-37B spaceplane will soon perform a series of advanced aerobraking manoeuvres, taking the dynamic spaceplane from a highly elliptical orbit, ...

JOINT-CAPABILITIES • Fri, 11 Oct 2024

Joint UK–German effort to supply next-gen tank munition for British, German Army tanks

Rheinmetall has successfully completed the development of the next-generation of armour-piercing 120mm anti-tank munitions to be fielded by the British and German armies

INDUSTRY • Wed, 09 Oct 2024

BAE completes successful launch of sixth Astute Class SSN

BAE Systems has confirmed the launch of HMS Agamemnon, the sixth of the Royal Navy’s Astute Class attack submarines, at the company’s submarine yard at ...

NAVAL • Wed, 09 Oct 2024

Thomas Global Systems to provide Redback IFV training systems

Sydney-based Thomas Global Systems has been awarded a multi-year contract to supply advanced immersive training systems for the AS21 Redback infantry fighting vehicle ...

LAND • Tue, 08 Oct 2024

Rheinmetall wins US Army support UGV program contract

American Rheinmetall Vehicles has secured a contract with the US Army as part of the Small Multi-Purpose Equipment Transport vehicle program to provide combat forces with ...

LAND • Tue, 08 Oct 2024

US$9.6bn multi-ship build contract for Huntington Ingalls Industries

The US Navy has awarded Huntington Ingalls Industries’ subsidiary, Ingalls Shipbuilding division, a US$9.6 billion (AU$14.01 billion) multi-ship building contract ...

INDUSTRY • Mon, 07 Oct 2024

USS John Warner Virginia Payload Tube Hatch Open dc aqmqlp

US Navy awards BAE Systems $92m contract for Virginia Class sub propulsors

The US Navy has awarded BAE Systems a US$92 million (AU$134.4 million) contract to continue the manufacture of propulsor forward assemblies for the Virginia Class ...

NAVAL • Mon, 07 Oct 2024

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