Lockheed Martin plans to reduce per unit cost of F-35 fighter jet to $80 million by 2020. With the incorporation of lessons learned, process efficiencies, production automation, facility and tooling upgrades, supply chain initiatives and more – the F-35 enterprise has already significantly reduced costs and improved efficiency, the company said in a statement Monday
Myanmar has commissioned 10 military aircraft during a ceremony commemorating the 70 anniversary of the nations Air Force. A total of 10 airplanes — six Yak-130s, two Fokker-70s and two ATR 42-320s — were put into operation at the morning ceremony, held at the Air Training School in Meiktila Station in Mandalay Region,
South Korean companies recorded a 20.6% increase in arms sales during 2016 compared to a year ago leading a pack of the Stockholm International Peace Research Institute (SIPRI)s ‘emerging producers category which covers companies based in Brazil, India, South Korea and Turkey
General Dynamics- Ordnance Tactical Systems (GD-OTS) is being awarded $9,064,921 for the procurement of 41 A/A49E-7 (V4) gun turrets for AH-1Z helicopters in support of the government of Pakistan and the US Marine Corps. Work will be performed in Williston, Vermont (50 percent); and Saco, Maine (50 percent), and is expected to be completed in August 2021
Qatar and France today signed $12 billion in deals including the purchase of 12 Dassault Rafale jets with an option to buy 36 more fighter planes. The deals were signed between Qatar's Emir and French President Emmanuel Macron during the French president's visit to Doha on Thursday
South Korea will roll out a light armed helicopter (LAH) late next year with a goal to conduct a test flight in 2019. Korea Aerospace Industries (KAI) plans to start the final stage of the LAH's assembly in May next year and roll out the first choppers in November
The Indian Navy will induct two deep submergence rescue vessel (DSRV) systems next year. "It (the SSN project) has kicked off
Saudi Air-defence systems intercepted a ballistic missile launched from inside Yemini territory on Thursday. This is the second missile launched by the Houti-controlled area of Yemen and the 78th since the conflict over two years ago
In a sign that relations between Turkey and Russia are warming at a rather brisk pace, Ankara set free two Russians arrested for assassinating Chechen commander Vahid Edelgiriev while Moscow repatriated two Crimean Tatar politicians lodged in a Russian jail. According to reports, Edelgireyev was shot and stabbed by assassins using a white car on Nov
Pakistans potential purchase of Turkish Aerospace Industries (TAI) T129 ATAK attack helicopters has reached the financial negotiation stage. “It is in the pipeline … [the process is] 90 percent complete,” and that the matter proceeded to financial proposals, which are being examined by Pakistan, Pakistans Minister of Defence Production (MoDP) Rana Tanveer Hussain was quoted as saying by Quwa Sunday