Lockheed Martin has been awarded a $512,004,418 firm-fixed-price contract for F-16 Block 70 production for the Republic of Bulgaria. This contract value includes $4,185,516 of pre-priced options
Israels planned 650-acre “Airpark” to house 500 commercial aircraft will be ready in few months from now. It will be jointly owned by Israel Aerospace Industries (IAI) and IES Holdings, who recently a memorandum of understanding to begin work on the desert park
The South Korean Agency for Defense Development (ADD) has revealed a port surveillance system that improves detection of quiet submarines and other stealthy underwater moving objects. The advanced maritime surveillance system was developed at a cost of 130 billio- won ($106
Mass production of PD-14 engines for the MC-21 aircraft has begun signaling a major acceleration of the Russian project to product a medium-haul airliner to compete with the Boeing 737 and Airbus A320. “In January 2020, the first engine products for installation on the latest Russian aircraft MS-21 were already delivered to the Irkutsk aircraft plant,” Oleg Yevtushenko, executive director of Rostec, the parent company of United Aircraft Corporation (UAC) told RIA Novosti Monday
Indonesia is mulling the purchase of 79 additional BT-3F armored personnel carriers (APCs) from Russia for an estimated $289 million. In April 2019, Russias state arms exporter Rosoboronexport reported signing of contract to supply an unspecified number of BMP-3F infantry fighting vehicles (IFV) and BT-3F APCs
The US Army has down-selected Bells 360 Invictus and Sikorskys Raider X for the second phase of its Future Attack Reconnaissance Aircraft (FARA) competition programme. On March 25, the Army announced it had selected the Invictus and the Raider X out of five potential candidates
The United States Air Force is planning to lease T-50A trainers made by Korean Aerospace Industries (KAI) and Lockheed Martin to teach pilots "tactical fighter skills," ahead of beginning training in their new T-7A Red Hawks. The USAF will lease between four to eight T-50A trainers, even as the jet lost the T-X contest to the T-7A, built by Boeing and Saab, in September 2018
Kongsberg Maritime AS (KM), a wholly-owned subsidiary of Kongsberg Gruppen ASA (KONGSBERG), has completed the sale of its US based underwater technology company Hydroid to Huntington Ingalls Industries (HII). In a press release on 4 February 2020, KONGSBERG had announced that KM had entered into an agreement with HII on the sale of the wholly-owned subsidiary Hydroid, Inc
Rosoboronexport and UralVagonZavod (UVZ) today demonstrated the combat capabilities of the 155mm Msta-S self-propelled howitzer to Middle Eastern customers at the Staratel Proving Ground, Russsia. “During the tests, the Msta-S showed excellent results in target engagement using an automated fire control and the Orlan-10E unmanned aerial reconnaissance system,” said Viktor Kladov, Director for International Cooperation and Regional Policy at Rostec, the parent company of Rosoboronexport and other Russian defence entities
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