DefenseNews

Swiss panel audits 2022 contract, as F-35 cost surprise may shrink buy

BERLIN – Switzerland’s order of F-35 fighter jets from Lockheed Martin will be significantly more expensive than originally expected, prompting introspection in Bern about possibly altering the procurement. The original Swiss plan was for 36 jets of the F-35A variant at a fixed price of 6 billion Swiss francs ($7.55 billion). The procurement was decided in 2021 and the contract signed…
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DefenseNews

Army adopts venture capital model to speed tech to soldiers

The U.S. Army is rolling out a new initiative, dubbed Fuze, that leaders say will overhaul how the service invests in technology by borrowing from Silicon Valley’s venture capital playbook. The service is betting that venture-style risk-taking can shave years off procurement timelines and will determine whether Silicon Valley speed can mesh with Pentagon scale. “With Fuze, the Army is telling…
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DefenseNews

Poland picks BAE Systems for artillery ammunition ramp-up

WARSAW, Poland — Poland’s state-run defense group PGZ has chosen the U.K.’s BAE Systems as its technology partner for the planned boost in domestic ammunition production. In a statement, PGZ said the final decision on the partner was preceded by a multi-stage selection…
DefenseNews

Rheinmetall to buy Lürssen yard’s naval business to move into warships

PARIS — Rheinmetall, Europe’s biggest supplier of ammunition and tank guns, plans to move into the business of warships with the purchase of the military division of German shipbuilder Lürssen Group. The companies agreed on the key terms of an acquisition of Naval Vessels Lürssen, and aim to complete the deal in early 2026, subject to antitrust approval, Rheinmetall said in a statement late…
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DefenseNews

Utah Air Guard base to wind down tactical air control party squadron

A Utah Air National Guard base will receive two new squadrons for cyber operations airmen, while losing a tactical air control party squadron, as the service continues to shift away from its Global War on Terror posture. The Air Force said Thursday it has selected Roland R. Wright Air National Guard Base to be the preferred location for the Air National Guard’s new cyber operations squadrons.
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