Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking and Finance Review - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > US approves possible sale of Navy satellite communication terminals to UK, Pentagon says
    Finance

    US approves possible sale of Navy satellite communication terminals to UK, Pentagon says

    Published by Global Banking and Finance Review

    Posted on November 24, 2025

    1 min read

    Last updated: January 20, 2026

    The Eagle S oil tanker, accused of damaging undersea cables in the Gulf of Finland, faces legal charges. This incident highlights growing concerns over maritime safety and infrastructure security in the Baltic Sea region.
    Eagle S tanker involved in undersea cable damage case in Finland - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:technologyinnovationfinancial servicesinternational capital

    Quick Summary

    The US has approved a $200 million sale of Navy satellite communication terminals to the UK, with RTX Corporation as the contractor, bolstering military ties.

    US Approves $200M Navy Satellite Communication Sale to UK

    (Reuters) -The U.S. State Department has approved the possible sale of Navy Multiband Terminals, a maritime military satellite communications system, and related equipment to the United Kingdom for an estimated cost of $200 million, the Pentagon said in a statement Monday.

    The principal contractor for the sale is RTX Corporation, the Pentagon said.

    (Reporting by Christian Martinez in Los Angeles and Ryan Patrick Jones in Toronto)

    Key Takeaways

    • •The US approved a $200 million sale of Navy satellite terminals to the UK.
    • •The State Department sanctioned the deal, enhancing military cooperation.
    • •RTX Corporation is the principal contractor for this sale.
    • •The sale includes maritime military satellite communication systems.
    • •This deal strengthens US-UK defense relations.

    Frequently Asked Questions about US approves possible sale of Navy satellite communication terminals to UK, Pentagon says

    1What is a satellite communication system?

    A satellite communication system is a technology that uses satellites to transmit and receive data, enabling communication over long distances, often used in military and maritime applications.

    2What is the Pentagon?

    The Pentagon is the headquarters of the United States Department of Defense, located in Arlington, Virginia. It is a symbol of the U.S. military and is responsible for coordinating national defense.

    3What is the estimated cost of the Navy Multiband Terminals?

    The estimated cost for the sale of the Navy Multiband Terminals to the United Kingdom is approximately $200 million.

    4What is the role of the U.S. State Department in military sales?

    The U.S. State Department oversees military sales and transfers to foreign nations, ensuring compliance with U.S. laws and foreign policy objectives.

    More from Finance

    Explore more articles in the Finance category

    Image for OPEC+ agrees in principle to keep planned pause in oil output hikes for March, sources say
    OPEC+ agrees in principle to keep planned pause in oil output hikes for March, sources say
    Image for 'People's dad' Jensen Huang praises, pushes Nvidia suppliers on mobbed Taiwan visit
    'People's dad' Jensen Huang praises, pushes Nvidia suppliers on mobbed Taiwan visit
    Image for French tech company Capgemini to sell US unit linked to ICE
    French tech company Capgemini to sell US unit linked to ICE
    Image for Musk says steps to stop Russia from using Starlink seem to have worked
    Musk says steps to stop Russia from using Starlink seem to have worked
    Image for Russia's Shoigu, China's Wang Yi to discuss security issues
    Russia's Shoigu, China's Wang Yi to discuss security issues
    Image for France new car registrations down 6.55% in January, industry body says
    France new car registrations down 6.55% in January, industry body says
    Image for Zelenskiy says Ukraine getting ready for new peace talks next week
    Zelenskiy says Ukraine getting ready for new peace talks next week
    Image for Bitcoin falls below $80,000, continuing decline as liquidity worries mount
    Bitcoin falls below $80,000, continuing decline as liquidity worries mount
    Image for Hungary's Orban denies need for spending cuts after April election
    Hungary's Orban denies need for spending cuts after April election
    Image for Nvidia CEO Huang denies he is unhappy with OpenAI, says 'huge' investment planned
    Nvidia CEO Huang denies he is unhappy with OpenAI, says 'huge' investment planned
    Image for UAE hospital operator NMC withdraws 2 billion pound UK lawsuit against EY
    UAE hospital operator NMC withdraws 2 billion pound UK lawsuit against EY
    Image for Gas leak caused blast in Iran's Bandar Abbas, Iranian media say
    Gas leak caused blast in Iran's Bandar Abbas, Iranian media say
    View All Finance Posts
    Previous Finance PostBP's Olympic Pipeline shutdown hits airlines' fuel supply
    Next Finance PostFrance to help wine industry with $150 million in aid for vines uprooting