News

Spain to Acquire 23 NH90 Helicopters for $1.7 Billion

December 31, 2018 @ 12:59 PM

Spain has signed a contract with NH Industries, a consortium of Airbus Helicopters, Leonardo and Fokker to acquire 23 NH90 helicopters that include seven naval versions for an estimated $1.7 billion
China Offers to Export Laser Weapons

December 29, 2018 @ 10:49 AM

The China Aerospace Science and Industry Corp (CASIC) has offering its newly developed road-mobile laser defense system called the LW-30 for exports. The LW-30 uses a high-energy laser beam to destroy targets ranging from drones and guided bombs to mortar shells
Sikorsky, Boeing Unveil New Utility Helicopter SB-1 Defiant

December 27, 2018 @ 08:47 AM

Sikorsky and Boeing have unveiled a new military utility helicopter, SB-1 Defiant, developed for the United States (US) Armys Joint Multi-Role (JMR) Technology Demonstrator program. The Defiant marks Sikorsky Aircraft and Boeings entry for the US Army's Future Vertical Lift (FVL) program, succeeding the JMR initiative
Lockheed Martin to Reduce F-35 Fighter jet price to $80 Million by

December 21, 2018 @ 08:52 AM

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
Japan Plans to Buy 147 F-35 Fighters Jets in Next Decade

December 19, 2018 @ 11:45 AM

In what appears to be the largest F-35 order outside of the United States, Japan plans to buy 147 of the sixth generation stealth fighters in the next decade. The new planes will include 42 F-35Bs and will include 18 short take-off and vertical landing (STOVL) B cariants of the F-35 that Tokyo wants to deploy on Japanese islands along the edge of East China Sea, Lockheed Martin said in a statement Tuesday
Boeing-Embraer Reach Consensus on Terms of Aerospace Partnership

December 17, 2018 @ 12:54 PM

Embraer and Boeing reach consensus on terms of the strategic aerospace partnership in which Boeing will acquire an 80 percent ownership stake in the joint venture for $4.2 billion
Brazil Files First Written Submission to WTO Challenging Canada’s Subsidies to Bombardier...

December 15, 2018 @ 12:50 PM

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
Raytheon Wins $149M to Develop SM-2 Block III

December 15, 2018 @ 10:25 AM

Raytheon has won $149 million for the engineering, manufacturing, and development of Standard Missile-2 Block IIIC. The Standard Missile-2 or the SM-2 has two variants as of now- SM-2 Block IIIA and IIIB
India-Russia Set-up 'Working Group' on Military Cooperation

December 14, 2018 @ 11:21 AM

India and Russia have established a ‘working group within the Intergovernmental Commission on Military-Technical Cooperation (IC-MTC) to further strengthen military cooperation between the two countries. An agreement to set-up the working group on military cooperation was signed during the eighteenth session of the IC-MTC held in Delhi yesterday attended by the Russian Defence minister Sergei Shoigu and his Indian counterpart Nirmala Sitharaman
India’s Ashok Leyland, Israeli Elbit Sign MoU for High Mobility Vehicles

December 12, 2018 @ 08:03 AM

Indias Ashok Leyland has signed a Memorandum of Understanding (MOU) with Israeli Elbit Systems to provide High Mobility vehicles (HMV) for mounting Elbit Systems artillery guns and systems. The integrated systems are targeted for worldwide export markets, the company said in a statement Wednesday

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