AGP Executive Report
Last update: 11 hours agoArms Sales: Taiwan’s defence minister says US congressional support remains bipartisan, though a proposed $14 billion arms package is stalled. Separately, Washington approved a potential $2.68 billion air-defence sale to Ukraine, subject to congressional review. Naval Industry: Naval Group unveiled its SCX26 stealth-destroyer concept, designed to coordinate crewed ships and large fleets of drones; it is a technology demonstrator, not a committed procurement. Shipbuilding: Malaysia plans to restart construction of two long-delayed coast guard patrol vessels with a new builder in Sarawak, at a revised cost of $78.6 million. Industry Outlook: Rheinmetall cut its 2026 sales forecast again as Germany’s Boxer vehicle order and ammunition revenue slipped. Contracts & Investment: Turkey’s ASELSAN secured a $1.1 billion air-defence export deal, India awarded $5.7 billion in contracts for eight corvettes, and Norway pledged more than $107 million to Ukraine’s defence industry.
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