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RBI imposes monetary penalty on IIFL Samasta Finance Limited

India, June 12 -- The Reserve Bank of India (RBI) has, by an order dated June 5, 2026, imposed a monetary penalty of ?3.90 lakh (Rupees Three Lakh Ninety Thousand only) on IIFL Samasta Finance Limited... Read More


ADB Delivers Rapid Support as Middle East Impact Spreads

Philippines, June 12 -- The Asian Development Bank (ADB) is acting quickly and decisively with $4 billion in financing to help countries withstand the impact of the Middle East conflict, including abo... Read More


African Development Bank Group supports the completion of Thwake dam with € 68.39 million in additional financing

Kenya, June 12 -- The Board of Directors of the African Development Bank Group has approved, on 22 May, €68.39 million in additional financing to secure the completion and long-term sustainabili... Read More


African Development Bank Group approves $140 million programme to expand irrigation, agro-industrialisation, jobs and rural incomes

Uganda, June 12 -- The Board of Directors of the African Development Bank Group has approved a loan of $140 million to expand climate resilient irrigation, strengthen food systems, create jobs and sup... Read More


Lockheed Martin Awarded $2.29 Billion Contract to Support F-35 Lightning II Joint Strike Fighter Sustainment for U.S. and Allied Air Forces

United States, June 12 -- Lockheed Martin Corp., Fort Worth, Texas, is awarded a $2,293,000,000 cost-plus-incentive-fee indefinite-delivery/indefinite-quantity contract to provide initial non-recurrin... Read More


Sikorsky Aircraft Corp. Receives Up to $525 Million Contract to Develop and Modernize CH-53K Heavy Lift Helicopter for U.S. Marine Corps and Navy

United States, June 12 -- Sikorsky Aircraft Corp., a Lockheed Martin Co., Stratford, Connecticut, is awarded a not-to-exceed $525,000,000 firm-fixed-price, cost-plus-fixed-fee, cost reimbursable indef... Read More


Krempp Construction Inc. Awarded $45 Million Contract for Magazine Maintenance and Repairs at Naval Weapons Station Crane in Indiana

United States, June 12 -- Krempp Construction Inc. Jasper, Indiana, is awarded a firm-fixed-price, indefinite-delivery/indefinite-quantity contract (N4008526-D-0013) with a maximum amount of $45,000,0... Read More


Walashek Industrial and Marine Inc. Awarded $9.7 Million to Repair Steam Propulsion Plant Systems on USS Iwo Jima During Scheduled Availability

United States, June 12 -- Walashek Industrial & Marine Inc., Norfolk, Virginia, is awarded a $9,723,782 firm-fixed-price level-of-effort modification to a previously awarded contract (N00024-26-C-4434... Read More


Seven Spanish Construction Firms Awarded Up to $400 Million Multiple-Award Contract to Support Infrastructure Projects at Morón Air Base in Spain

United States, June 12 -- Eiffage Infraestructuras SAU, Sevilla, Spain (FA5575-26-D-0001); UTE Programa, Sevilla, Spain (FA5575-26-D-0002); Sociedad Espanola de Montajes Industriales SA, Sevilla, Spai... Read More


Nextgen Federal Awarded $14 Million Contract to Integrate Artificial Intelligence and Machine Learning into Air Force Weather Management Portal BIFROST

United States, June 12 -- Nextgen Federal, Morgantown, West Virginia, has been awarded a ceiling $14,081,185 cost-type contract for the Enterprise Environmental Portal E2P, named BIFROST.This contract... Read More