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A Danish defense agreement for the years 2018-2023 has been reached supported by the Government, The Danish People's Party, The Social Democrats, and the Social-Liberal Party.

Elbit Systems of Australia Pty Ltd. has been contracted by the Australian Department of Defence’s Capability Acquisition and Sustainment Group to provide TLS services to the ADF for the Battle Management System Command and Control.

Buoyed by Apple's iPhone launch and demand for IoT and GaN components, Qorvo's revenue grew modestly in the third quarter of fiscal 2018 to $846 million, up 3 percent sequentially and 2 percent year-over-year. The infrastructure and defense business achieved record revenue of $203 million. While the mobile products unit benefitted from the latest iPhone models, revenue was down 2 percent year-over-year.

Mercury Systems Inc. announced it received $3.4 million in follow-on orders from a leading defense prime contractor for custom high-performance microelectronics integrated into the guidance, navigation and control system of a precision guided munitions application.

Reflecting the launch of the iPhone X, 8 and 8 Plus, Apple reported record financial performance for the company's December quarter. Revenue was $88.3 billion, 13 percent above the prior year's quarter and a 68 percent jump from the prior quarter. On a per week basis, iPhone shipments were 6 percent above last year's quarter.