The government has also allocated separate funds to provide associated ammunition and spare parts.

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The company expects fiscal year 2023 revenues to be in the range of $14.7bn to $15.1bn.

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Palantir’s Q4 2022 GAAP net income was reported at $31m, marking the ‘first quarter of positive GAAP net income’.

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The CTT programme will replace the army’s existing fleet of heavy tactical wheeled vehicles.

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The first-of-its-kind exercise was conducted at Joint Base Lewis-McChord in Washington.

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The delivery milestone was achieved as part of the Tactical Ground Radio programme.

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The announcement comes after the recent incursion of a suspected Chinese surveillance balloon in US airspace.

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The aerospace and defence company recorded sales of $4.03bn (Skr42bn) in 2022, with a backlog of more than $12.27bn (Skr127.67bn).

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The milestone achievement means RBSL can begin building the CR3 prototypes.

The post Challenger 3 MBT programme completes CDR ahead of schedule appeared first on Army Technology.

The company has predicted that its shipbuilding revenue will range from $8.4bn to $8.6bn in FY 2023.

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