AgustaWestland announced on April 24 that it has successfully completed autorotation trials for the AW609 TiltRotor program. The aircraft completed more than 70 power-off conversions from airplane mode to helicopter mode during 10 dedicated flight hours between the end of March and early April
Russias Irkut Corp today announced a 26 percent increase in gross margin in 2013 in comparison with 24 percent it received in 2012. Net profit of JSC IRKUT Corporation by the results of 2013 also increased and amounted to 36,618 thousand US$, against 32,136 thousand US$ in 2012
Lockheed Martin today reaffirmed that its F-35 fighters contract with the Italian government stood at 90 aircraft. Defenseworld
China is building underwater surveillance systems to detect submarines and began developing the project in 2011. The system is apparently similar to the one used by the US during the Cold War
The Russian firm MiG completed the delivery of the modernization kits for Indias MiG-29 fighters, according to ITAR-TASS. Under a 2009 contract worth $964 million, the Russian corporation agreed to modernize six fighters at its production sites and provide kits for the modernization of other Indian MiG-29 planes into the MiG-29UGP version by the local aircraft industry enterprises
Sweden plans to increase its annual defence spending over the next 10 years, citing the crisis in Ukraine and an "unsettling" development in Russia. The government on Tuesday said that spending would rise gradually until 2024, when the annual defence budget increase would be around 5
The US Army has awarded Smiths Detection a $20 million contract for additional portable chemical detectors to be produced and delivered. The contract comes under the U
A-T Solutions Inc has won a contract to continue support for U.S
General Dynamics today reported first-quarter 2014 net earnings of $595 million, or $1.71 per share on a diluted basis, compared to 2013 first-quarter net earnings of $571 million, or$1
An international customer signed an agreement with the U.S