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The Defense Innovation Unit has begun the strategic allocation of its fiscal year 2024 budget worth approximately $983 million to advance its DIU 3.0 strategy aimed at accelerating and expanding the delivery of commercial technology platforms to warfighters. DIU said Thursday it will allocate its FY 2024 budget across four categories designed to acc...

The State Department has cleared a potential $60.2 million foreign military sale transaction with Taiwan for the Switchblade 300 anti-personnel and anti-armor loitering missile system and related equipment. The Defense Security Cooperation Agency said Tuesday it informed Congress about the department approving the FMS request of the Taipei Economic ...

The State Department has approved the request of the Taipei Economic and Cultural Representative Office in the U.S. to procure Altius 600M-V unmanned aerial vehicles and related equipment for approximately $300 million. The possible foreign military sale to Taiwan includes 291 Altius 600M-V systems, Altius 600 inert training UAVs, Pneumatic Integrat...

The State Department has approved a potential $678 million foreign military sale request of the government of the Netherlands to procure Advanced Medium-Range Air-to-Air Missiles-Extended Range and related equipment. The Defense Security Cooperation Agency said Thursday the Netherlands asked to buy 174 AMRAAM-ER, four AMRAAM-C8 guidance sections as ...

The State Department has cleared the requests of the governments of Norway and Denmark to buy AIM-120C-8 advanced medium-range air-to-air missiles, related equipment and support services from the U.S. government through two foreign military sales agreements worth approximately $2.15 billion combined. RTX (NYSE: RTX) will serve as the principal contr...

The State Department has cleared Taiwan’s request to buy standard and nonstandard spare and repair parts and related equipment and services for F-16 fighter jets from the U.S. government under two foreign military sales agreements worth $300 million combined. The Defense Security Cooperation Agency said Wednesday the FMS deals also cover F-16 ...

The State Department has approved two foreign military sale agreements worth $1.95 billion combined to provide UH-60M Black Hawk helicopters and related equipment to the governments of Austria and Sweden. Austria asked to procure 12 UH-60M aircraft, manufactured by Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary, and their associated compone...

The State Department has approved a potential $950 million foreign military sale of UH-60M Black Hawk helicopters and related components to the Brazilian government. Lockheed Martin (NYSE: LMT) will serve as the lead contractor on the proposed FMS deal, which includes 12 UH-60M Black Hawk helicopters, associated equipment, logistics and program supp...

The State Department has approved NATO’s request to buy Alliance Ground Surveillance system equipment and related support services from the U.S. government under a foreign military sales agreement worth approximately $250.2 million. The Defense Security Cooperation Agency said Thursday Northrop Grumman (NYSE: NOC) will serve as the principal c...