UK Defense News

Recent industry report about UK Defense company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ UK Defense Market industry experts.

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UK Defense News

March 2024: The UK signed a contract worth USD 700 million with a defense shipbuilder, Babcock, for a major refit of HMS Victorious, one of Britain's four Vanguard-class nuclear-powered ballistic missile submarines.

November 2023: The UK Ministry of Defence (MoD) placed a new USD 25 million order with BAE Systems to supply additional small arms munitions over the next two years.

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March 2024: The UK signed a contract worth USD 700 million with a defense shipbuilder, Babcock, for a major refit of HMS Victorious, one of Britain's four Vanguard-class nuclear-powered ballistic missile submarines.

November 2023: The UK Ministry of Defence (MoD) placed a new USD 25 million order with BAE Systems to supply additional small arms munitions over the next two years.

February 2024: the USAF announced its plans to procure 26 E-7s from Boeing by 2032 to replace its aging E-3 Sentry airborne warning and control system aircraft fleet.

January 2024: Lockheed Martin Corporation announced that it plans to deliver 75 to 110 F-35s to the US in 2024. About 90% of the F-35s to be delivered in 2024 are in TR-3 configuration.

  • April 2023: The UK Ministry of Defence awarded BAE Systems a USD 57 million contract to provide support for communication, command, control, computer, and intelligence (C4I) services for surface vessels. As per the contract, BAE Systems will likely assist with C4I services and data deliverables throughout the five phases of shipboard integration.
  • March 2023: An agreement was made between an Indian Shipbuilder and the Indian Navy to produce 11 offshore patrol vessels and six missile vessels for the next generation.
  • February 2024: Lockheed Martin Corporation signed a contract with Indra to equip the four Multi-Mission Surface Combat Ships (MMSCs). It will be delivered to the Royal Saudi Arabian Navy with an advanced electronic defense system capable of detecting the presence of any platform and classifying it by threat level.
  • December 2023: The US State Department approved a possible Foreign Military Sale to Saudi Arabia of RE-3A Tactical Airborne Surveillance System (TASS) aircraft modernization and related equipment for USD 582 million. The US Defense Security Cooperation Agency (DSCA) stated that Saudi Arabian defense forces requested to purchase hardware and software modifications to modernize its fleet of RE-3A TASS aircraft.

In December 2023, Lockheed Martin Corporation supported governmental testing of the Advanced Off-Board Electronic Warfare (AOEW) system’s electronic attack capabilities which has been installed on an MH-60R helicopter belonging to the US Army.

In November 2023, BAE Systems plc announced that they are in the process of developing custom microelectronics for the next-generation radar, electronic warfare, and communication applications. Moreover, the FAST Labs research and development organization, which is part of BAE Systems plc, was awarded a USD 5 million contract by the US Office of Naval Research for the Common-architecture Amplifier for Low-cost, Efficient, SWaP-Constrained Environments (COALESCE) program under which Fast Labs will develop advanced Gallium Nitride based monolithic microwave integrated circuit (MMIC) and module electronics.

  • November 2023: Northrop Grumman Corporation successfully completed Thermal Vacuum tests on the Arctic Satellite Broadband Mission (ASBM), a two-satellite constellation designed to deliver broadband communications to the Northern polar region for the US Space Force and Space Norway.
  • February 2023: The National Geospatial-Intelligence Agency awarded Maxar Technologies a five-year contract worth USD 192 million to provide commercial satellite imagery to US allies. Maxar will also provide three-dimensional data services to the allies.
  • September 2022: BSF launched a tear gas shell-dropping drone system that will be useful for security forces to control protesters and rioters. It can be used for launching shells from an unmanned aerial vehicle (UAV).
  • June 2022: The Iranian police added nearly USD 10 million worth of anti-riot equipment to law enforcement agencies due to the growing wave of protests across the country. The deputy commander of the Iranian police stated that the new equipment would help security forces to better execute the mission and strengthen the security of the country.
  • In April 2022, the Armed Forces of Senegal signed a contract with Nexter to supply 8 105 LG guns and 105 mm ammunition. The 105LG is a 105 mm towed artillery gun known for its reliability and unmatched lightness (1,650 kg) and can be used in extreme climates and difficult terrains.
  • In March 2022, the Hungarian Ministry of Defense contracted with Rheinmetall to supply an extensive package of ammunition worth several hundred million euros. The order includes 120 mm tank ammunition and 155 mm artillery shells, including propelling charges and fuses.

January 2024: Dnata’s airport handling division was awarded a 7-year ground handling license by Aeroporti di Roma to establish its operations at Rome Fiumicino Airport (FCO) starting from Q2 2024.

October 2023: Under the Voluntary Airport Low Emissions Program, the FAA allocated USD 13 million for the procurement of 57 PCAs and 61 GPUs across various gates of Boise, Detroit Metropolitan Wayne County, Philadelphia International, Reno-Tahoe International, and William P Hobby airports in North America.

May 2023: Mc Dan Aviation, an air charter services provider in Ghana, added two aircraft to its fleet, the Beechcraft King Air B200 and Airbus EC135 T1 helicopter. The provider announced that the Beechcraft King Air B200 will operate mainly in Ghana and West Africa.

October 2022: Gulfstream Aerospace Corporation announced a new authorized warranty facility agreement with ExecuJet Aviation Nigeria, which will provide warranty and maintenance service and spare parts for Gulfstream G450, Gulfstream G550, Gulfstream G650, and Gulfstream G650ER aircraft in West Africa.

UK Defence Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)