A Stinger missile launches from the new Maneuver-Short Range Air Defense system.

Competition to replace the Army Stinger missile is advancing to the flight testing phase

RTX and Lockheed Martin are set to begin flight tests this year as they compete to create a successor to the U.S. Army’s Stinger missile. The Army is seeking a replacement for the Stinger missile that enhances short-range air defense capabilities, focusing on increased speed, resilience against jamming, and improved accuracy against challenging targets such as drones. In September 2023, the Army awarded contracts to … Continue reading Competition to replace the Army Stinger missile is advancing to the flight testing phase

The top 100 defence companies worldwide boosted arms sales by 4% in 2023, reports SIPRI

The top 100 defence contractors worldwide experienced a 4.2% increase in arms sales in 2023, reaching $632 billion, driven by ongoing conflicts and regional tensions, according to a prominent think tank’s report released on Monday. The Stockholm International Peace Research Institute (SIPRI) noted that U.S. companies on the list saw a total sales increase of 2.5% compared to the previous year, totaling $317 billion. However, … Continue reading The top 100 defence companies worldwide boosted arms sales by 4% in 2023, reports SIPRI