A Los Angeles Times Journalist, David Willman claims that the Pentagon has denied giving information on bonuses and incentives paid to contractors for delivering flawed $40 billion Ground-Ballistic Missile system (GMD) and has sued it for the same. According to David Willman, the denial to furnish information is in violation of the Freedom of Information Act
China will pay Crimea the balance $14 million for the purchase of Zubr-class air-cushioned landing craft from Crimea's Feodosia Shipbuilding Company and Fiolent plant instead of Ukraine. In 2009, China had signed a contract worth $315 million for purchase of landing craft from Ukraine
Honeywell International Inc., Phoenix, Arizona, has been awarded a $75,000,000 indefinite-delivery/indefinite quantity contract for Versatile Affordable Advanced Turbine Engines (VAATE) III & Beyond
JSC Irkut Corporation recorded revenues of $1billion during 9 months of 2014. There was a slight decrease in revenue compared to the same period in 2013, owing to the fact that a large part of deliveries within the aircraft production program 2014 were carried out in the 4th quarter
Finmeccanica announced Tuesday approved the groups industrial plan for FY2015 guidance. The Plan is also the start of a re-launch and development of the Group, with a focus on the areas of excellence and a more effective commercial presence in key international markets
Airbus Helicopters has delivered 471 helicopters from the companys civil, parapublic and military product lines and booked 402 net orders last year. In addition, the backlog was adjusted to include a reduction of 33 NH90s
Antonov announced that its An-70 military STOL transport aircraft has been handed over to the Ukraine Ministry of Defense on January 22, 2015. The transport aircraft will serve Ukrainian Armed Forces intended for aerial delivery, air transportation of troops and tangible assets, provision of maneuvers and troops activity and decisions of special tasks
Pilatus will showcase their next generation aircraft, the PC-12 NG at Aero India 2015, scheduled to be held between February 18 and 22 at Bengaluru. The latest upgrade of the popular PC-12 has exciting new features to make the 2014/2015 PC-12 NG the best PC-12 to date
Dassault Aviation has recorded a 20% downfall in sales last year. However, the manufacturer of the Rafale fighters and Falcon business jets announced an increase of 11% in order intake in 2014, bringing its backlog 8
Chinas Hudong Shipyard launched three warships simultaneously on January 22, including one 054A frigate, one 815G electronic reconnaissance ship, and one 071A amphibious dock landing ship. This is just a “miniature” of the new warships commissioned into the Navy of the Chinese Peoples Liberation Army (PLAN), said Chinamil, a website of the state-owned PLA Daily adding that the ships have completed the equipment update for the home-made third-generation destroyers and frigates