Lockheed Martin will reduce the unit price of the F-35 jet to $80 million in 2020 from the current $89 million and is set to deliver more than 130 F-35s in 2019 to US and international customers The US Company delivered the 91st F-35 aircraft for the year, meeting the joint government and industry delivery target for 2018 and demonstrating the F-35 enterprise's ability to ramp to full rate production. The 91 deliveries in 2018 represent nearly a 40 percent increase from 2017 and about a 100 percent production increase compared to 2016
Boeing has delivered the final Airborne Warning and Control System (AWACS) aircraft modernized with avionics and a digital cockpit to the North Atlantic Treaty Organization (NATO) in Manching, Germany. This delivery is the final of 14 and ensures NATO AWACS compliance with current and future air traffic control and navigation requirements, the company said in a statement Tuesday
Indian HALs Light Utility Helicopter (LUH) project moved closer to production clearance with the flight of the third prototype yesterday, which is built to the standard of deliverable configuration. HAL flew the third prototype (PT3) for the first time on December 14, 2018
Dassault Aviation has signed deal with 30 Indian companies and is talking to 60 more to set up a supply-chain network for its JV with Reliance Defence in Nagpur. The supply chain network will feed its JV with Reliance Defencewhich is engaged in executing offsets contract as part of India's buy of 36 Rafale fighter jets
Chinese 35th Antarctic research expedition team has recently discovered a huge blue ice area in the Antarctic suitable for the country's first large permanent airport on the continent. "Blue ice has good bearing capacity, impact resistance and stability," Xinhua quoted Sun Bo, the leader of the expedition team, as saying Sunday
Russia achieved excess of three to four times of projected levels of reliability indicators of its Su-35 and Su-30SM fighter aircraft operating in Syria, the countrys Deputy Prime Minister Yury Borisov has said. "The achieved reliability indicators… of the new Su-35 and Su-30SM aircraft in intensive combat operation were three-four times higher than the standard," Borisov was quoted as saying by
The Brazilian government has filed its first written submission to the dispute settlement panel at the World Trade Organization (WTO) in Geneva. The Panel is examining more than $4 billion in subsidies that Bombardier received from the Governments of Canada and Quebec
Hindustan Aeronautics Ltd (HAL) Light Utility Helicopter (LUH) has achieved an important milestone of flying at 6000 meters altitude in Bangalore, recently. The flight was carried out under the envelope expansion tests and flying at 6 km altitude is a critical requirement towards the certification of LUH
Lockheed Martin's board of directors has approved the appointment of Kenneth R Possenriede, 58, as the companys Executive Vice President and Chief Financial Officer (CFO). Possenriede will be succeeding Bruce Tanner, a 37-year veteran of the company, slated to retire in mid-2019
India on Monday fired a home-grown nuclear-capable long range surface-to-surface ballistic missile, Agni 5 from a canister on a mobile launcher. “Indigenous long range Surface-to-Surface Ballistic Missile, Agni5, was successfully launched from a canister on a road mobile launcher at Dr Abdul Kalam Island off the coast of Odisha, today, Indian Defense Minister, Nirmala Sitharaman said in a tweet Monday