Missile factory contract signed, but questions remain about how the airport will pay for the project

Missile factory contract signed, but questions remain about how the airport will pay for the project

A new missile factory at Newcastle Airport raises financial worries amid defence contract with Kongsberg.

Washington’s Multi-Billion-Dollar Missile Race: Can the U.S. Outpace Beijing and Moscow in the New Era of Warfare?

U.S. military modernization, Lockheed Martin Corp., based in Grand Prairie, Texas, has secured a nearly $5 billion contract to produce a new generation of high-precision missiles for the Army. The deal, valued at $4,937,045,400, was announced by the Department of Defense and centers on the development and delivery of the Precision Strike Missile (PrSM) in its initial phase, known as Increment One. Awarded through a firm-fixed-price agreement, th…

In Australia, the Department of Defense has signed a contract with Kongsberg Defence Australia to start construction of the country's first missile production factory in Newcastle, New South Wales. The signing of the said contract represents the realization of the announcement made in this regard by the Government of Canberra in August last year. The new factory, which will be built at Newcastle Airport, will produce the Naval Strike Missile and…

► Kongsberg has entered into a long-term agreement for the maintenance of the F-35 in Norway - EDR Magazine

28 March 2025 – Kongsberg Aviation Maintenance Services (‘KONGSBERG’) has signed a contract with the Norwegian Defence Materiel Agency for

In eastern France, the airports of Metz-Nancy-Lorraine and Vatry illustrate an expensive paradox. Designed to energize the territory, these infrastructures show a traffic well below expectations, raising questions about their economic usefulness. The first one, the first, is [...] The article Aéroports phantoms du Grand Est, the financial gulf that questions appeared first on Le Singulier.

Australia’s first missile factory in NSW - Manufacturers' Monthly

Image: v_blinov/stock.adobe.comAustralian Defence has signed a contract with Kongsberg Defence Australia to establish a missile factory in Newcastle, NSW. Following the government’s initial announcement on 22 August 2024, this next step will establish the nation’s first guided weapons production facility. Located within the Newcastle Airport precinct, the factory will manufacture the Naval Strike Missile and Joint Strike Missile for the Australi…