Americas
Middle East & Africa
The State Department has cleared Egypt’s two foreign military sales requests worth approximately $929 million combined to provide AN/TPS-78 long-range radars, COMBATSS-21 combat management systems to support the fast missile craft modernization effort and related equipment and support services. Lockheed Martin and L3Harris Technologies will serve as principal contractors in the proposed $625 million deal to modernize four fast missile craft by providing four COMBATSS-21 systems.
Europe
Asia-Pacific
South Korea has chosen two big shipbuilding companies, Hanwha Ocean and HD Hyundai Heavy Industries, to compete for a major navy project. This project, called KDDX, will cost about $5.5 billion and aims to build six new high-tech warships for the South Korean Navy by the 2030sThe government carefully checked both companies to make sure they can handle such a big job. They looked at things like how much each company can build and how well they can keep secrets. The Defense Acquisition Program Administration, along with the navy and other defense agencies, visited the companies to inspect them in person.The final decision on which company will build the ships hasn’t been made yet. The Defense Acquisition Program Administration will decide that later
