AGP Executive Report
Last update: 6 hours agoNaval Industry: Hanwha Defense USA secured a $269 million contract to build a medium landing ship for the U.S. Navy at its Philly Shipyard—the first order since Hanwha acquired the facility. The 100-meter vessel is intended for operations in contested waters, including the Indo-Pacific. Ukraine Aid: The U.S. approved a potential $2.1 billion sale of 500 Patriot interceptors, funded by European allies and Canada. President Volodymyr Zelenskyy welcomed the approval but warned deliveries could take years, underscoring the strain on missile production and supply. Surveillance Systems: Romania selected Thales to provide four deployable radar systems for military and civil airspace monitoring, including aircraft approach and landing support. Cybersecurity: Hong Kong’s annual attack-and-defence drill brought together government bodies, public organisations and private companies to test cyber resilience. Underwater Capabilities: Kongsberg won a contract to expand its underwater-drone capabilities, as defence customers push to strengthen maritime systems.
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