Middle East Contracts Loss Hit Lockheed Martin Q1 Earnings
Lockheed Martin booked $184M in charges on two Middle East contracts, in a move that highlights the potential pitfalls of the overseas deals that have been driving growth for US defense contractors. Lockheed Martin took charges on a new missile-defense system being developed for the UAE and an Abu Dhabi-based aircraft...
South Korean Apache Helicopters Debut In Live-Fire Exercise
Two South Korean Armys AH-64E Apache attack helicopters made their public debut during a live-firing exercise along with US M270 Multiple Launch Rocket System (MLRS) at a training range in Pocheon, Gyeonggi Province. The live-fire drill featured around 30 fighter jets, 90 battle tanks and armored vehicles, 30 choppers and 100
Russian MiG-31 Fighter Jet Crashes In Western Siberia
A Russian MiG-31 military plane crashed in the Russian Republic of Buryatia, western Siberia with no causalities. The MiG-31, believed to be the fastest fighter jet in the world crashed during a training flight over the Telemba Airfield
Joint Doctrine Indian Armed Forces-2017 Document Released
A revised version of the Joint Doctrine Indian Armed Forces- 2017 has been released by Admiral Sunil Lanba, ADC Chairman, Chiefs of Staff Committee (COSC) and Chief of the Naval Staff. The joint doctrine document was released in the presence of Chief of the Army Staff, Chief of the Air Staff...
South Korea To Buy Two Early Warning Radars To Detect North's Missiles
South Korea has decided to acquire two advanced early warning radars to detect the North's ballistic missiles within this year. A regular meeting on arms procurement projects presided by Defense Minister Han Min-koo approved the plan, Defense Acquisition Program Agency (DAPA) was quoted as saying in a statement by Yonhap...
China’s First Domestically Built Aircraft Carrier Launched, To Enter Service By 2020
China has launched its first domestically built aircraft carrier designed and built in the northeast port of Dalian. The new carrier, the first domestically-built one, was transferred from dry dock into the water at a launch ceremony that started at about 9 a
China To Build Four New Ships For Malaysian Navy
China has received an agreement to build new ships for the Royal Malaysian Navy. The agreement signed last week is the first time, a Chinese contractor will build military equipment for Malaysia, Global Times reported Tuesday
Lockheed Martin Incurs Reduced Net Earnings Of $114 Million In Q1
Lockheed Martin incurred reduced net earnings of $114 million, or $0.39 per share due to a $120 million charge on a 'loss program' to design, integrate, and install an integrated air missile defense C4I system for an international customer
Bulgaria Completes Assessment Of Offers For New Combat Aircraft
Bulgarian working group has completed the analysis on offers for the supply of new combat aircraft to replace its ageing fleet of Russian-made MiG fighter aircraft. The working group set up by the defence ministry and led by Air Force Commander Maj
Rheinmetall, KMW Gain Due To Increased German Military Spends
German defense manufacturers are gaining due to increased spending by German military in the wake of Russias incursions in Ukraine and its military stance on the NATOs eastern border. Most equipment orders for new equipment and upgrades of existing armor are going to Rheinmetall and Krauss-Maffei Wegmann,
Russian Next-Gen S-500 Missile System To Engage Targets Near Space
Russian next-generation S-500 surface-to-air missile system would be able to engage targets above the earths surface. The new S-500 missile system would be able to engage targets in the upper layer of the atmosphere, 100 kilometers [62 miles] above the Earths surface, Pavel Sozinov, chief engineer of the Russian defense corporation Almaz-Antey, was quoted as saying by
Denmark Accuses Russia Of Hacking Into Defense Ministry Emails
Denmark has accused Russia of hacking into the emails accounts of the nations defense ministry. A Sunday report published by the Centre for Cyber Security claimed that a group of pro-Kremlin hackers had infiltrated into the emails of defense ministry employees in 2015 and 2016, Danish news agency Ritzau reported Monday
Lockheed Martin Approves Use of Synthetic Fuel in F-35 Lightning II
India Commissions Destroyer, Frigate and Submarine
Netherlands Signs $529M Deal for Patriot Systems Replenishing Ukraine Donations
NATO Unveils ‘Baltic Sentry’ Mission to Protect Undersea Infrastructure
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...
NATO’s Intensified Exercises a Prep to Attack Russia?
Recent NATO exercises such as the BALTOPS-24, Steadfast Defender 2024 and its first-ever Basic Fighter Maneuvers exercise have been its...
Precision in the Skies: The Evolution of Loitering Munitions
Loitering munitions - drones that hover over a target and blow up near it - have become the weapon of...
Is the Patriot Air Defense System Outdated?
After Israel revealed its decision to decommission its U