The US Navy has awarded a $109 million contract to Lockheed Martin for hardware and software upgrade kits in support of the F-35 Joint strike fighter aircraft. The awarded contract is for the procurement of 567 modification kits for offboard system hardware and turnaround assets, and also recurring labor for the completion of hardware and software upgrades in support of the F-35 Lighting III Block 3F upgrade for Air Force ($62,663,062); Marine Corps ($43,453,490); Navy $3,060,885); and international partners ($386,297), the US Department of Defense said in a press release Tuesday
Lockheed Martin incurred reduced net earnings of $114 million, or $0.39 per share due to a $120 million charge on a 'loss program' to design, integrate, and install an integrated air missile defense C4I system for an international customer
Airbus Safran has launched production of Ariane 6 ground qualification models, under contract with the European Space Agency (ESA) following review from Maturity Gate 6.1 industrialization
Bulgarian working group has completed the analysis on offers for the supply of new combat aircraft to replace its ageing fleet of Russian-made MiG fighter aircraft. The working group set up by the defence ministry and led by Air Force Commander Maj
Irkut, a subsidiary of the Russian state-controlled United Aircraft Corporation (UAC), reports 17% increase in the revenue for the financial year 2016 reaching almost US$1.624 billion against US$1
Denmark has accused Russia of hacking into the emails accounts of the nations defense ministry. A Sunday report published by the Centre for Cyber Security claimed that a group of pro-Kremlin hackers had infiltrated into the emails of defense ministry employees in 2015 and 2016, Danish news agency Ritzau reported Monday
Boeing and partner Saab have completed the first flight of their second production-ready T-X aircraft designed specifically for the US Air Force $16.3 billion advanced pilot training requirement
Kazakhstan Paramount Engineering (KPE), a joint-venture between state-owned Kazakhstan Engineering and South Africas private defence supplier Paramount Group, is keen to commence exporting its Marauder armoured vehicles to Azerbaijan. The Paramount Marauder vehicle known “Arlans” is the first vehicle rolled out of KPEs production line in August 2016,
The United Nations has planned to reduce fleets, limiting passenger movement to essential needs and cutting the number of non-mission passengers traveling on UN flights, and reducing the number of special flights in a move to cut costs on air assets in its missions. Secretary-General António Guterres today launched an initiative to boost efficiency of United Nations planes and flights, as it was revealed that the Organization spent close to $750 million from 2015 to 2016 on air assets in its peacekeeping and political missions
Russia will modernize its aircraft-carrying cruiser Admiral Kuznetsov with electronic warfare, communication and aviation network at a cost of about US$715 million. "In September, Zvezdochka will sign with the fleet a contract for the second stage of the repairing with modernization of the Admiral Kuznetsov