Lockheed Martin is investing $350 million for its new facility to be located on the company's Waterton Canyon campus near Denver that will produce next-generation satellites. The new Gateway Center, slated for completion in 2020, includes a state-of-the-art high bay clean room capable of simultaneously building a spectrum of satellites from micro to macro
Airbus has won UK ministry of defence contract to replace the current Skynet 5 network military satellite communications capability with new Skynet 6A satellite. The British Ministry of Defence said it opted for the noncompetitive route with Airbus, in part, to maintain domestic space capabilities,
An associate of Malaysian Prime Minister Najib Razak has been charged in France with receiving bribes worth 30 million euros in a 2002 deal to buy two Scorpene submarines from the French company DCNS (now Naval Group). PM Razaks former adviser Abdul Razak Baginda was charged in France on July 18 with "active and passive complicity in corruption" and "misappropriation of corporate assets", the French judicial source told AFP
Thirty per cent of India's locally built Akash surface-to-air missiles (SAM) supplied to the Indian Air Force are found to be faulty, the Comptroller Auditor General of India (CAG) has observed. About 30 per cent of "strategic missiles" made by BEL - a defence public sector unit - failed when they were test-fired, the CAG repord said
US Marine Corps has grounded its KC-130T aircraft, which was used for airborne refueling and to supply cargo, troops, equipments, following a crash that killed 15 Marines and one sailor. The Marine Corps took the action not to fly the KC-130T aircraft in the wake of the mishap on July 10 until further notice," the Corps said in a statement Thursday
Indias Ministry of Defence (MoD) has decided to delegate substantial financial powers to the Armed Forces for undertaking works for perimeter security of sensitive military installations. The decision will give powers to the three vice chiefs to spend at least Rs 800 crore (US$124
Lockheed Martin has test launched the Long Range Anti-Ship Missile (LRASM) surface-launch variant Wednesday from a topside canister. The flight test took place at White Sands Missile Range, New Mexico
Lockheed Martin has won an $86.5 million contract from the US Navy and Air Force for Long Range Anti-Ship Missile (LRASM) production
Lockheed Martin has won over $86 million to manufacture and provide 23 long range anti-ship missiles for the US Air Force. It can be launched from a US Air Force B-1B bomber
Rheinmetall has recently won contracts worth total €220 million (US$256 million) from two foreign governments to provide air defence hardware and related services for their air forces. Rheinmetall had to overcome stiff international competition for both the orders that were booked in June this year