Boeing said today it will pay $2.5 billion to settle a Justice Department investigation and admitted that employees defrauded the Federal Aviation Administration (FAA) when it first won approval for the flawed 737 MAX jet
The SEPAR3 air-to-ground missile will soon commence demonstration flights on the UKs Typhoon fighters for later integration on to the F-35 Jets. MBDA has received a contract valued at £550 million for production of the SPEAR missile system from the UK Ministry of Defence
Lockheed Martin was today awarded $4.934 billion to build three Next Generation Geosynchronous (NGG) Earth orbiting space vehicles (SV)
South Korean Navy has sought to build a 30,000-ton light aircraft carrier and place vertical take-off and landing (VTOL) aircraft on it, probably the U.S
The U.S
The US Navy has decided to scrap amphibious assault ship USS Bonhomme Richard (LHD 6) that was severely damaged in a
The U.K
Huntington Ingalls Industries (HII) announced today that its Newport News Shipbuilding division has been awarded a contract modification from General Dynamics Electric Boat (GDEB) in support of construction on the first two Columbia-class ballistic missile submarines. The contract modification, valued at approximately $2
Thales Group and Damen Schelde Naval Shipbuilding signed a €1.5B contract to integrate battle management and communications systems on-board the German Navys
General Dynamics has been awarded a contract valued approximately $9.5 billion for Columbia-class submarines