News in Numbers

Sikorsky, a subsidiary of Lockheed Martin, has been awarded a $10.85bn US Navy contract for 99 CH-53K King Stallion helicopters for the US Marine Corps.

The Spanish government has approved the start of an $846m contracting process for Navantia for the design and construction of two new offshore patrol vessels.

The UK Royal Air Force has concluded operations with the MQ-9 Reaper drone after 18 years of active service.

Mistral and Uvision have been jointly awarded a contract valued at $982m by the US Army for the HERO 120 loitering munition system.

Rheinmetall has unveiled plans to establish a new production facility for 155 mm calibre artillery ammunition in Latvia, involving an investment of €275m ($321m).