Contracts & Deals

Boeing reported about $23.3 billion in third-quarter revenue, including a core loss driven by a $4.9 billion charge tied to the commercial 777X program’s updated certification schedule. Free cash flow was slightly positive, and the FAA cleared a step-up of 737 production

Norway and NHIndustries signed an out-of-court settlement on November 3 that ends litigation over Oslo’s canceled NH90 maritime helicopter program. Officials confirm the agreement includes €305 million in cash plus roughly €70 million previously drawn under bank guarantees. The Oslo District Court

PGZ signed cooperation agreements with Babcock, Fincantieri, and Saab on Sept 2 at MSPO 2025 in Kielce. Each document references industrial work in Poland related to the Orka submarine procurement. The government set a decision path that keeps the award inside 2025

Norway chose the United Kingdom’s Type 26 design for its next frigate fleet and set the contract value at about £10 billion, roughly $13.5-$14 billion. Oslo named the UK a strategic partner and confirmed a minimum buy of five ships. The selection

The Pentagon has finalized a $12.5 billion contract action to complete Lot 18 of the F-35 and to fund production and delivery of Lot 19, bringing the combined value of the two lots to about $24.3 billion when paired with the earlier

The Joint Program Office and Lockheed Martin closed a $24.3 billion agreement for 296 F-35s covering production Lots 18 and 19. The package locks in 148 aircraft per lot and ends a two-year negotiation cycle that started after an undefinitized award used

The U.S. Army awarded a contract worth up to $1.2 billion to Acquisition Logistics LLC to build and operate a large immigration detention complex on Fort Bliss near El Paso. The company is a small Virginia-based business with no publicly documented experience

The Navy awarded Pratt & Whitney a not-to-exceed $2.88 billion modification to produce 141 F135 propulsion systems for F-35 Lot 18. The award covers engines for the Air Force, Marine Corps, and Navy, along with partner nations and foreign military sales customers.

Sweden and Thailand have signed a government-to-government contract for four Saab Gripen E/F fighters worth about SEK 5.3 billion (roughly $550-560 millions). The package covers three single-seat Gripen E and one twin seat Gripen F, with equipment, support, and training included. Deliveries

Poland has secured a new armored-vehicle deal worth roughly $6.7 billion, anchored by a second contract with Hyundai Rotem for 180 K2 tanks. The agreement, signed in Gliwice with Polish and South Korean officials in attendance, is valued at about $6.5 billion.