GA Sells Gray Eagle UAVs, Service to Army at $7 Million a Pop | KAI Signs Airbus for Delivery of Previously Won Helicopter Tender | UK Puma MK2s in Afghanistan

Mar 17, 2015 03:27 UTC by Defense Industry Daily staff

The Army awarded General Atomics a contract for 19 Gray Eagle UAVs, as part of a $132m contract which also included SATCOM terminals and support.
The Babcock & Wilcox Company received contract work totalling $169m for naval reactor fuel and materials, with B&W having restructured their government operations last year.
Defense hawks and fiscal hardballers continue to clash over defense spending.

Airbus Helicopters and Korean Aerospace Industries penned a partnership deal to produce new civil and armed helicopters for South Korea. The two parties won a significant helicopter program contract in 2005. KAI beat Korean Air in July 2014 for the role of lead designer of the helicopters. The development budget was expected to be $884 million.
In another major win for the Airbus Group, the Airbus Defence and Space company won a contract to build three SIGINT satellites for the French military.
The Royal Air Force saw the first deployment of new Puma Mk2 helicopters to Afghanistan, three weeks after achieving Initial Operating Capability.

Malaysia received the first of four Airbus A400 transport aircraft, with this being the first export customer for the model.
China became the world’s third-largest arms exporter, according to figures published today by the Stockholm International Peace Research Institute. This amounted to a 143% increase in sales over the last five years.

Categories: Contracts - Awards, Daily Rapid Fire