AGP Executive Report
Last update: 9 hours agoStrategic Weapons: France test-fired its submarine-launched M51.3 nuclear-capable missile without a warhead, drawing a warning from Moscow that it is monitoring Europe’s military buildup. Big-Ticket Procurement: Embraer and Lockheed Martin are competing for India’s $10.5 billion transport-aircraft contract, with both offering local production. Anduril won a Navy deal worth up to $2.9 billion for Virginia-class submarine components as it plans a new Maryland shipyard; Boeing’s $14.7 billion contract will boost production of PAC-3 missile seekers. Drones and the Black Sea: A drone attack hit two merchant ships in Bulgaria’s economic zone, sinking one and leaving crew members missing; responsibility remains disputed. Ukraine says it struck Russia’s Seshcha airfield and drone, radar and command sites. Ukraine Support: The EU sent Kyiv another €1.24 billion for domestic defence production, including interceptors, drone munitions and missiles. Iran Conflict: A congressional report says the U.S. has lost 25 aircraft, 49 drones and seven helicopters since the conflict began.
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