Navy Forces Naval Maritime Defense Security Industry

According to a PR published by Damen on February 16, 2022, Damen Naval has contracted Lockheed Martin for the MK 41 Vertical Launching System in support of the F126 project. In this way, Lockheed Martin will significantly support the construction of the new frigates for the German Navy.

According to a PR published by Babcock on February 15, 2022, the firm announced that it has entered into a Sales and Purchase Agreement to acquire the remaining 50% interest in its Australian Naval Ship Management (NSM) joint venture from its long-term joint venture partner in Australia, for consideration of AUD60 million.

According to information published by the U.S. Navy on February 14, 2022, the U.S. turned over four Cessna 172 Skylark planes to the Philippine Naval Air Wing based in Sangley Point, Cavite as part of a Php298.1 million ($5.8 million) grant under the Foreign Military Financing (FMF) program.

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