Lockheed Martin announced today that it has delivered1000th Sniper Advanced Targeting Pod (ATP) to the US Air Force during a ceremony held yesterday. The 1000th pod is a sensor-enhanced Sniper ATP that provides fighter and bomber aircraft with advanced modes for non-traditional intelligence, surveillance and reconnaissance (NTISR); enhanced target identification; maritime tracking; and two-way datalink communication
Rolls-Royce today confirmed its intention to sell its Michell Bearings business to British Engines Limited for a cash consideration of £12.6m
Pratt & Whitney announced today that it has been awarded $325 million contract for Versatile Affordable Advanced Turbine Engines (VAATE) III and beyond. The VAATE program is a joint government and industry effort to develop revolutionary and innovative technologies by the 2017 timeframe that will permit an order of magnitude increase in turbo-propulsion affordability over the year 2000 state-of-the-art technology
Finmeccanica has ‘improved its position in the international ranking of defense companies engaged in the fight against corruption, according to Transparency International (TI). The Indian Central Bureau of Investigation CBI) is continuing with its investigation into the payment of bribes to secure a contract to sell AgustaWestland helicopters to the Indian Air Force
Pratt & Whitney on Monday has denied a report by the US Department of Defense's (DoD's) inspector general (IG) that has raised quality control violations of the F135 engine for the Lockheed Martin F-35 Fighter. The Government Accountability Office (GAO) studied flight test data and concluded that the reliability of the F135 engines is “very poor (less than half of what it should be) and has limited” progress for the F-35 program, the DoD IG report stated
Despite the changed economic situation and the significant decrease in exchange-value of rouble, IRKUT Corporation has seen a revenue increase to $1.7 billion for the year 2014
Saab announced today that it will deliver Gripen NG weapons to Brazil as per a $245 million contract signed with Brazilian MoD through the Aeronautics Command (COMAER). The order is expected to be booked by Saab during the second half of 2015
Thales announced Wednesday its partnership with the Netherlands Ministry of Defense (MOD) for the service of four SMART-L Early Warning Capability (EWC) radars for the nations Navy and delivery of two SMART-L EWC Ground Based systems (GB) for the Airforce. “These are unique contracts in which the services for both ground based and naval systems have been aligned and the MOD has involved a private party,” says vice-admiral Borsboom, Director of the Defense Materiel Organization in The Netherlands
Swedish Gripen, a US fighter and French Rafale are major contenders for the Swiss fighter aircraft but the Eurofighter has opted out without providing any reason, Swiss Defense Minister Ueli Maurer said Monday. “The situation was critical for air policing and that the purchase of new fighter aircraft will be evaluated in 2017
Raytheon has won $2 billion contract to deliver the combat-proven Patriot Air and Missile Defense System to an undisclosed international customer. The contract, awarded on April 2, 2015 and booked in the second quarter as a direct commercial sale, includes fully digitized new-production Patriot fire units with the latest technology for improved threat detection, identification and engagement, the company announced on Friday