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The US DoD has said that 2023 was its best ever year for Foreign Military Sales. Credit: US DoD

US sets new record for Foreign Military Sales in 2023

The US Department of Defense said that 2023 set a record for US sales of military equipment, with $80.9bn in business through the Foreign Military Sales (FMS) system. Nato allies have made a substantial proportion of FMS in both 2023 and 2023, with $20bn in fiscal year 2022 and $24bn in fiscal year 2023. Of the $80.9bn in value of authorised arms transfers from 2023, $62.3bn of the sales were to US ally and partner nations.

RTX secures $287m contract to prolong Tomahawk lifespan

US-based RTX has clinched a contract worth $287m to extend the operational life of 166 Tomahawk Block IV All-Up-Round Missiles. Under this modification, RTX will recertify 142 missiles designated for the US Navy and 24 for Foreign Military Sales customers. This modification extends a previously awarded firm-fixed-price, cost-plus-incentive-fee, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract, enabling them to remain operational for up to an additional 15 years of service.

Netherlands buys €150m of F-16 ammunition for Ukraine

The Dutch Government announced it will purchase ammunition for Ukraine to go with its forthcoming fleet of F-16 Fighting Falcon jets. Specifically, the Netherlands will purchase air-to-ground ammunition directly from the manufacturer, which amounts to €150m ($161.7m). This commitment comes just after Russia demonstrated localised air supremacy earlier this year, concluding its five-month-long offensive to capture Avdiivka in the Donetsk region.

Source: Pharmaceutical Technology

US arranges $483m follow-on production of JAGM and Hellfire missiles

US defence prime Lockheed Martin will continue to produce Joint Air-to-Ground Missiles (JAGMs) and Hellfire missiles for the US Army and Navy and other global customers in a new $483m follow-on production contract. This is the third follow-on award, part of a multi-year deal, that commenced in March 2023 when the Army had initially procured the missiles. The total contract award value is for up to $4.5bn through 2025.