Latvia, Estonia tap German industry for air defense radars, weapons

On the same subject

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  November 4, 2019 | International, Other Defence

  CACI Awarded $907 Million U.S. Army Task Order to Provide Intelligence Analysis to U.S. Forces in Afghanistan

  October 31, 2019 - Arlington, Va. - (BUSINESS WIRE) - CACI International Inc (NYSE: CACI) announced today that it has been awarded a five-year task order, with a ceiling value of nearly $907 million for new and continuing work, on a U.S. Army Intelligence and Security Command Global Intelligence Support Service contract task order to protect U.S. forces in Afghanistan by providing intelligence operations and analytic support. Under the task order, CACI intelligence and counterintelligence experts will continue to provide mission expertise in intelligence operations and analytic support from locations both within the United States and abroad to support U.S. operations in Afghanistan. CACI analysts will use industry-leading tools to more accurately and efficiently analyze intelligence for U.S. Forces – Afghanistan/Resolute Support (USFOR-A/RS), including potential insider threats. U.S. forces are part of the NATO-led coalition carrying out the Resolute Support Mission. John Mengucci, CACI President and Chief Executive Officer, said, “CACI intelligence experts are prepared to use the most advanced intelligence analytical techniques and systems to protect our servicemembers and assets under the Resolute Support Mission.” CACI Executive Chairman and Chairman of the Board Dr. J.P. (Jack) London, said, “Our country continues to face asymmetric threats originating from around the globe, and CACI is proud to provide the intelligence support U.S. forces need to defeat those threats.” CACI's 22,000 talented employees are vigilant in providing the unique expertise and distinctive technology that address our customers' greatest enterprise and mission challenges. Our culture of good character, innovation, and excellence drives our success and earns us recognition as a Fortune World's Most Admired Company. As a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index, we consistently deliver strong shareholder value. Visit us at www.caci.com. There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the risk factors set forth in CACI's Annual Report on Form 10-K for the fiscal year ended June 30, 2019, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof. CACI-Contract Award View source version on businesswire.com: https://www.businesswire.com/news/home/20191031005610/en/ Corporate Communications and Media: Jody Brown, Executive Vice President, Public Relations (703) 841-7801, jbrown@caci.com Investor Relations: Daniel Leckburg, Senior Vice President, Investor Relations (703) 841-7666, dleckburg@caci.com Source: CACI International Inc View source version on CACI International Inc: http://investor.caci.com/file/Index?KeyFile=400747178

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  December 11, 2024 | International, Land

  Saab receives Giraffe 4A Radar order for the U.S. Air Forces in Europe

  Giraffe 4A will provide long range surveillance and Air Base Air Defence in a highly mobile package for the U.S. Air Forces in Europe.

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  February 3, 2021 | International, Aerospace, Naval, Land, C4ISR, Security

  India releases details of new defense budget

  By: Vivek Raghuvanshi NEW DELHI — India on Monday allocated $18.48 billion for weapons procurement in its 2021-2022 defense budget amid an ongoing military standoff with China and financial stress on the national economy due to the coronavirus pandemic. Excluding pensions, the new defense budget totals $49.6 billion, an increase of more than 3 percent from the previous year's $47.98 billion. New capital expenditure of $18.48 billion meant for arms procurement witnessed an increase of about 16 percent from the previous year's $15.91 billion. This is the highest-ever increase in capital outlay for defense in the last 15 years, according to Indian Defence Minister Rajnath Singh. An additional $2.84 billion was spent on emergency arms purchases in the summer of 2020 to deal with the ongoing confrontation with China. The budget's revenue expenditure meant for maintenance of existing weapons, pay and allowances, and recurring expenses is set at $29.02 billion, compared to $28.75 billion in the previous defense budget. Officials in India point to the COVID-19 pandemic as disrupting the economy and thus affecting the government's income and driving spending decisions. Consequently, the defense budget might not be as high as it would've been were there not a pandemic, said Amit Cowshish, a former financial adviser for acquisition at the Ministry of Defence. Cowshish noted that the funds may be inadequate for all the planned acquisitions from abroad and at home to be signed during the upcoming financial year, which begins April 1. Capital expenditure is essentially defense funding meant for fresh arms procurement and existing liabilities from previously conducted defense contracts. Revenue expenditure is defense spending meant for the pay and allowances of military personnel as well as the maintenance of weapons and other existing inventory items. The Army will receive $4.9 billion in capital expenditure, which is an increase of 8.17 percent from the previous year's $4.53 billion. “The service could buy additional military vehicles and upgrade its drones fleet,” a senior Army official said. The service's revenue expenditure is set at $20.37 billion, compared to $20.11 billion in the previous budget. The Navy will receive $4.55 billion in capital expenditure, which is an increase of nearly 22 percent from previous year's $3.73 billion. This could pave the way for the service to buy 10 tactical MQ-9 Reaper drones from General Atomics through the U.S. Foreign Military Sales program, an Indian Navy official said. The revenue expenditure for the Navy is $3.19 billion, which is meant for the maintenance of warships and submarines, compared to $3.13 billion in the previous budget. The Air Force will receive $7.2 billion in capital expenditure, which is a hike of 19 percent from the previous year's $6.05 billion. According to a service official, this will go toward a new contract for 83 homemade LCA MK1A Tejas light combat aircraft, an existing commitment to pay for 36 Rafale fighters from France and five units of S-400 missile defense systems from Russia, among other efforts. The Air Force's revenue expenditure is $4.19 billion, compared to $4.1 billion in the previous budget. About $1.55 billion in capital expenditure will go toward the state-owned Defence Research and Development Organisation for new projects, compared to $1.47 billion in the previous budget. DRDO has also been given a revenue expenditure totaling $1.24 billion, compared to $1.2 billion last year. This year, existing liabilities could eat up to 90 percent of the new capital expenditure, which will impact several new weapons procurement efforts, an MoD official said. But if that high percentage is accurate, according to Cowshish, there must be a lot of equipment already on contract. The military will have to make do with whatever amount is left over for acquiring new systems, he noted. “Capability-building and self-reliance ... are long-term projects, which are not dependent entirely on the budgetary allocation in a particular year. Hopefully things will improve in the future.” https://www.defensenews.com/global/asia-pacific/2021/02/02/india-releases-details-of-new-defense-budget/