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FlightGlobalCraig Hoyle

Sweden awards Saab and GKN Aerospace $344 million in future fighter system studies through 2028

Sweden’s Defence Materiel Administration has awarded Saab and GKN Aerospace follow-on contracts worth almost SKr3.3 billion ($344 million) to continue work on the country’s future fighter system capability. The study activities are expected to run through at least 2028, extending Sweden’s investment in next-generation combat-aircraft technologies.

2026-09-09T06:06:05.023130-07:00

Defense Industry & Major Contractors

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Sweden awards Saab and GKN Aerospace $344 million in future fighter system studies through 2028

Sweden’s Defence Materiel Administration has awarded Saab and GKN Aerospace follow-on contracts worth almost SKr3.3 billion ($344 million) to continue work on the country’s future fighter system capability. The study activities are expected to run through at least 2028, extending Sweden’s investment in next-generation combat-aircraft technologies.

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Iran Claims Recovery of Suspected Anduril Dive-LD Underwater Drone in Strait of Hormuz

Iranian forces say they recovered a U.S. Navy-linked autonomous underwater vehicle in the Strait of Hormuz. Images of the captured system appear to show Anduril’s Dive-LD, an uncrewed submersible designed for operations in contested waters, though the vehicle’s identity and circumstances of its recovery remain unconfirmed.

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Reuters

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GE Aerospace to acquire Consolidated Precision Products for $11.75 billion, expanding engine-casting capacity

GE Aerospace agreed to buy Consolidated Precision Products from Warburg Pincus and Berkshire Partners for $11.75 billion. The acquisition brings a critical metal-castings supplier in-house as GE seeks greater capacity for advanced engine components amid persistent supply constraints.

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Airbus seeks role for Germany in GCAP after FCAS collapse

Germany is increasingly being discussed as a potential partner in the British-Italian-Japanese Global Combat Air Programme, with Airbus advocating a significant role. Accommodating German engine-maker MTU could require the partners to reopen the program’s industrial and governance arrangements.

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