Search Results
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Lockheed Martin Receives $62Billion Order to Manufacture F-16 Jets for Foreign Customers
August 15, 2020 @ 08:04 AMIn perhaps the single biggest order for F-16 jets, Lockheed Martin has been awarded a $62 billion ten-year, fixed price contract from the US Air Force for production of F-16 aircraft for multiple Foreign Military Sale (FMS) customers. The initial delivery order is for 90 aircraft, including both the pre-priced recurring core configuration costs at $2,862,797,674 and the engineering change proposal/undefinitized contract action for the non-recurring costs not-to-exceed $2,078,307,572 obligated at approximately $1,018,370,710
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Indian Defence Ministry Proposes Leasing of Military Equipment
August 4, 2020 @ 06:59 AMIndia has proposed leasing of military equipment in its revised draft of Defence Acquisition Procedure (DAP) 2020, that may enable the military to possess and operate costly platforms required for a limited period. Leasing was introduced as another category for acquisition in addition to the existing ‘Buy and ‘Make acquisition
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Lockheed Wins $34.2M for S.Korean F-16 Life Extension
August 1, 2020 @ 07:43 AMLockheed Martin has won a $34.2 million contract for the Service Life Extension Program for the Republic of Korea's F-16 aircraft
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Russia Developing Ship to Lift 7 Nuclear Submarines Sunk in Arctic Waters
July 13, 2020 @ 03:46 PMRussia is working on the design of a ship to lift 7 of its nuclear submarines sunk in Arctic waters which may be completed by 2032, Russian experts say. "The total activity of boats flooded in the Kara and Barents Seas is 1 million CI
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Swedish MoD Okays Future Combat Aviation Capability, Artillery Regiment
July 7, 2020 @ 12:24 PMThe Swedish Ministry of Defence has green-lighted the future combat aviation capability- the future generation Gripen besides a new artillery regiment. "By 24 July 2020, the Armed Forces must submit a supplementary budget base for 2021 and adjust its budget base according to the direction specified in the assignment," the MoD said in a release July 7
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S.Korea to Acquire Early Warning Aircraft, Spy Planes for $2.045B
June 29, 2020 @ 07:25 AMSouth Koreas Defense Acquisition Program Administration (DAPA) has approved a plan to procure additional airborne early warning and control aircraft (AEW&C) and Baekdu spy planes for a combined worth of $2.045 billion
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Final Assembly of S.Korea’s KF-X Jet by Yearend
June 11, 2020 @ 04:42 AMThe final assembly of South Koreas indigenous fifth-generation fighter KF-X will be completed by the end of this year. On Wednesday, manufacturer Korea Aerospace Industries (KAI) said it is currently assembling each of the top, middle and bottom parts of the fuselage of the jet
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Czech Republic to buy 52 Nexter Caesar Howitzers for $249M
June 4, 2020 @ 11:14 AMThe Ministry of Defense of Czech Republic has
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General Dynamics Wins $3.2 Billion Order to Supply Hydra-70 rockets for US...
May 30, 2020 @ 01:27 AMGeneral Dynamics-OTS was awarded a $3,420,531,156 hybrid contract for production and engineering services for Hydra-70 rocket systems. Work locations and funding will be determined with each order, with an estimated completion date of Sept
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Saab to Support Swedish SK60 Trainers
May 21, 2020 @ 05:39 AMThe Swedish Armed Forces have contracted Saab to support their fleet of SK60 aircraft used for pilot training. “Saab has extended its support and maintenance agreement with the Swedish Armed Forces regarding the SK60 trainer aircraft, which is used for pilot training,” the company said in a statement Wednesday
Thales’ Hybrid Kits to Support French Army Vehicle Communications with 5G, OneWeb
Denmark Joins Multinational Common Armoured Vehicle System Programme
U.S. Army Awards Lockheed Martin $4.94B Contract for Precision Strike Missiles
Denmark Invests $290M in Soldier Equipment Through Acceleration Fund
Lockheed Martin Faces Billions in F-35 Cuts Under U.S. Policy Shift
Americas policy of controlling F-35 usage, spares, and maintenance—combined with President Donald Trumps threats of trade wars with Europe, halted...
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...
NATO’s Intensified Exercises a Prep to Attack Russia?
Recent NATO exercises such as the BALTOPS-24, Steadfast Defender 2024 and its first-ever Basic Fighter Maneuvers exercise have been its...
Precision in the Skies: The Evolution of Loitering Munitions
Loitering munitions - drones that hover over a target and blow up near it - have become the weapon of...