AGP Executive Report
Last update: 7 hours agoUkraine Air Defense: Washington approved a potential $2.1 billion sale of 500 Patriot interceptors, funded by Canada, Germany, Norway and the EU, with Lockheed Martin as prime contractor. Zelensky welcomed the move but urged faster delivery, warning shipments could take years. U.S. Shipbuilding: Hanwha Defense USA won a $269 million contract to build a Navy and Marine Corps landing ship at its Philadelphia yard, with options for three more. Defense Technology: Salesforce agreed to acquire military logistics software firm Rune Technologies for $375 million; its platform is already used by the Army and Marine Corps. Anduril and Qualcomm, meanwhile, plan to begin taking orders for U.S.-made BlueChip laptops in 2027. Army Procurement: Lockheed Martin won a $1 billion Army contract for PAC-3 Edge and was selected for the Army’s future interceptor program. UK Industry Policy: New rules will require foreign defense contractors on deals worth £50 million or more to invest locally.
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