IAI reports consistent growth in Q3, some of which is attributed to major awards such as the Carmel project.
UK MoD accused of wasting billions
The UK Ministry of Defence (MoD) has squandered billions of pounds through ill-judged acquisition decisions, including some £5 billion to dispose of its Nimrod MRA4 and Sentinel capabilities in order to balance the defence budget, a new report has revealed.
A forecast £36 million ‘black hole' resides over the defence budget over a ten-year period, according to the Major Projects 2010 report, released by the House of Commons Committee of Public Accounts on 22 February.
The 15 largest military projects were covered in the report. Although the report stated that 13 of the 15 projects performed well over the past …
More from Defence Notes
Welcome to Episode 47 of the third series of The Weekly Defence Podcast. Listen on Apple Podcasts, Google Podcasts, Spotify and more.
Following the report on unidentified aerial phenomena in June 2021, the US DoD has established the Airborne Object Identification and Management Synchronization Group.
Saab and Philips will provide innovative flexible and operational deployable hospitals for the Australian military.
The armed forces in South Korea is facing its first annual defence budget cut in 15 years.
A system-level CDR marks an important step towards the first launch of a persistent satellite capability for missile warning.