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
Sale of Patriot missile systems by the United States (US) to Turkey would not affect the S-400 air defense missile deal between Ankara and Moscow signed in 2017, Kremlin stated. "These are unrelated processes and in this case we are implementing the accords we have with the Turkish colleagues
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
The Indian Air Force (IAF) plans to base the Dassault Rafale fighter jets, which it is expected to acquire from 2019, at its Hasimara air base near the Indo-Chinese border which currently plays host to a squadron of Su-30 fighter aircraft. The two front-line fighter aircraft of the IAF at the same base shows the strategic significance being attached to the Line of actual control, the border between the two Asian giants
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
Indian Bharat Electronics jumped 10 places from 74 to 64 in the Stockholm International Peace Research Institutes (SIPRI) list of top 100 arms-producing and military services companies for the year 2017. Three other companies figured in the top 100 list, namely, Ordnance Factory Board on 37, Hindustan Aeronautics on 38 and Bharat Dynamics Ltd on 94
Lockheed Martin is the world's leading arms seller with $44.9 billion sales while the combined sales of 10 Russian companies $37
Russian-made combat lasers, Peresvet, have started to enter duty with the Russian armed forces, making it perhaps the first country in the world do so. "Peresvet laser systems, based on new physical principles, entered combat service in testing regime with the Russian armed forces," the paper said
The Indian Navy has encashed bank guarantees of Reliance Naval Engineering (RNEL) following delay in supplying Project 21 Offshore Patrol Vessels (OPVs) by over four years. RNEL has an order to supply five offshore patrol vessels (OPVs)