. | . |
Kratos receives $46.2 million contract for Saudi Arabian defense services by Stephen Carlson Washington (UPI) Aug 8, 2017 Kratos Technology and Training Solutions has received a $46.2 million contract for training and technical services in support of the Kingdom of Saudi Arabia's Vision 2030 defense development goals. The work from the U.S.-based company will primarily be conducted in Saudi Arabia and Orlando, Fla., and is expected to be finished by August 2020. $15.4 million in foreign military sales funding have been obligated upon award of the contract. Saudi Arabia's Vision 2030 is a long-term development program concerning investment, government services reform and building domestic defense capabilities. One of the goals is to localize 50 percent of defense spending in Saudi Arabia to reduce costs and dependence on foreign military equipment and boost the Saudi defense export sector. Key focuses include research, manufacturing and independent support services for high-end defense items like aircraft and ground vehicles. Saudi Arabia is currently the largest consumer of U.S. defense exports with over $110 billion in projected arms sales approved earlier this year. Their defense buildup and associated U.S. support is largely based off of Saudi concerns over Iran's expanding influence in the Middle East and Central Asia.
Washington (UPI) Aug 3, 2017 The U.S. Department of Defense announced on Wednesday it is reorganizing its acquisition, technology and logistics office. The reorganization, effective February 1, is designed for the acquisition of new weapons and systems more efficiently, encourage partnerships within the Pentagon and with allied nations, and to ensure acquisition processes fulfill the needs of service members now an ... read more Related Links The Military Industrial Complex at SpaceWar.com Learn about the Superpowers of the 21st Century at SpaceWar.com
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |