AGP Executive Report
Last update: 7 hours agoDefence Partnerships: Indonesia and Egypt agreed to expand defence-industry cooperation, while Bulgaria’s deputy prime minister will lead a 20-company mission to US defence and aerospace firms. Japan’s Industrial Push: Thales plans its first foreign military maintenance facility in Japan and will transfer mortar production to Japan Steel Works; Japan also contracted Ukraine’s SkyFall for interceptor drones. Weapons Contracts: The US Navy plans to add LRASM anti-ship missiles to B-52s. Raytheon secured a $24.4 billion SM-6 contract and up to $6.3 billion for SM-3 interceptors, while Boeing won a seven-year deal to boost PAC-3 MSE seeker production. Aerospace: Embraer is acquiring a 51% stake in Mahindra’s Novavayu Aerospace for a joint venture. Industry Security: European intelligence agencies warn Russia’s GRU is targeting defence-company executives, including drone makers, prompting firms to tighten security.
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