Lockheed Martins F-35 program funds have dropped by at least $500 million, according to Pentagon reports. The estimate on upgrades for the first five contracts of 90 aircraft has dropped to about $1
DRS Technologies announced that it received a $25 million contract from the U.S
A joint venture between defense giants InDyne, Lockheed Martin and URS Corp. is bidding for a contract to support consolidation of U
The U.S lawmakers have laid a provision seeking to control the amount corporate executives can make from military contracts in the fiscal 2014 defense spending bill
Indias government-owned defence electronics manufacturer, BEL has announced that its joint-venture with Thales to develop radars has been approved by the Indian Foreign Investment Promotion Board (FIPB) but is still awaiting approval from the government. Speculation is rife that the JV with Thales has got delayed due to a delay in the MMRCA deal between the Indian MOD and Dassault
The U.S Navy recently announced that the RQ-21A Small Tactical Unmanned Aircraft System (STUAS) received Milestone C approval authorizing the start of low rate initial production
FLIR Systems announced today that it has been awarded a two year blanket purchase agreement from the U.S
The U.S Air Forces experimental, unmanned aircraft went hypersonic during a test off the Southern California coast, traveling at more than 3,000 mph, the Air Force said on Friday
While attending the 9th edition of LAAD, aircraft-maker Dassault Aviation has promised to deliver the most wide-ranging material to be incorporated on the Rafale aircraft which is in the running for the Brazilin F-X2 program. According to reports, the Rafale is being upgraded to a new standard with major software upgrades and will known as the Rafale F3R
The Senegalese Air Force signed a contract, today, at LAAD Defence & Security, for the acquisition of three A-29 Super Tucano light attack, advanced training turboprops from Embraer Defense & Security. The order includes logistical support for the operation and the installation of a training system for pilots and mechanics (TOSS) in Senegal, bringing autonomy to that country's Air Force in preparing qualified personnel