Business

Hungary will lead NATO’s Baltic Air Policing next month

April 18 (UPI) — Hungary will lead NATO’s Baltic Air Policing mission beginning next month at Siauliai Air Base in Lithuania with assistance by Britain and Spain. This will be the 50th Baltic Air Policing deployment, NATO said in a news release Wednesday. NATO member countries have taken turns safeguarding Baltic airspace since Estonia, Latvia and Lithuania joined the alliance ...

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Boeing receives $30M contract modification for SLAM-ER weapon system

April 17 (UPI) — The U.S. Navy awarded Boeing a contract modification for Standoff Land Attack Missiles to support Saudi Arabia.  The Department of Defense announced the $30.14 million cost-plus-incentive-fee contract Tuesday. The initial $64 million contract in April 2018 enabled Boeing to “restart” its AGM-84 Standoff Land Attack Missile-Expanded Response production line and expand the production process. The modification ...

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HII awarded $727.4M contract for Virginia-class sub materials

April 15 (UPI) — General Dynamics has awarded Huntington Ingalls Industries a $727.4 million contract for materials for the U.S. Navy’s Virginia-class submarines. The new funding contract brings the overall value of the contract to $1.04 billion for long-lead-time material to support construction of Block V submarines, HII announced Friday. The Newport News Shipbuilding division in Virginia will perform the ...

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U.S. Defense officials lay out plans for Space Force

April 12 (UPI) — Top Defense Department officials have detailed plans to develop the Space Force, including a massive network of satellites, recognizing that the “status quo is not sufficient” to confront adversaries in outer space. Acting Defense Secretary Patrick M. Shanahan on Thursday appeared before the Senate Armed Services Committee with Marine Corps Gen. Joe Dunford, chairman of the ...

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