The contract for the U.S. Air Force's sixth-generation fighter jet is reportedly set to be decided on Friday. Read more here.

Sri Lanka has sold 14.3 billion rupees of treasury bills offered on tap at average rates of 7.50%, 7.84% and 8.25%, the state ...

A major South Korean conglomerate this week purchased a significant stake in Australian shipbuilder Austal, with hopes of expansion. On March 18 Hanwha ...

ECONOMYNEXT – Sri Lanka is strategically vital for the Indo-Pacific region amid rising co-operation among authoritative ...

A South Korean shipbuilder this week purchased a stake in the Australian company that owns one of the major U.S. naval ...

The Littoral Combat Ships carrying the first two operational mine countermeasure packages deployed earlier this month after ...

BAESY clinches a contract for ACVs. The deal has been provided by the Marine Corps Systems Command, Quantico, VA.

US Navy (USN) shipbuilding suffers from long-standing growth in lead ship costs, Ronald O'Rourke, naval specialist for the ...

The development is set to bolster the anti-submarine warfare capabilities of the Maharaja Lela-class LCS fleet.

SEA will supply its fixed triple configuration Torpedo Launcher System (TLS) to the Royal Malaysian Navy (RMN).

SEA has signed a contract extension with Lumut Naval Shipyard (LUNAS) to supply its fixed triple configuration Torpedo ...

Discover 13 U.S. Navy ships named after upstate New York places, honoring the region's history and the service men and women ...