Saab today announced a reduction in working hours for 500 employees by 40% in view of reduced demand for aerostructures due to the COVID-19 Pandemic. "Saab has today made the decision to introduce reduced working hours for 500 employees at the business unit Aerostructures within the business area Industrial Product and Services (IPS)
The Pentagon has cleared the export of South Korea's Bigung ("Flying arrow") guided rocket system in the US after it performed well in tests conducted last October. Defense Acquisition Program Administration (DAPA) said on April 7 that the 70-millimeter rocket system hit all 10 targets and met US requirements during the Pentagon's Foreign Comparative Testing (FCT) session held in South Korea last year
Boeing has indefinitely suspended production at its facility in Puget Sound and Moses Lake sites which manufactures KC-46 tankers and P-8 maritime surveillance among other planes due to the COVID-19 pandemic. The production facility has been shut since March 23 after some employees were found infected with the Coronavirus
Ukraines Luch Design Bureau conducted another test of Vilkha-M missile which has a range of 120km at Odesa on March 30-31. "Even in the conditions of quarantine due to the COVID-19 pandemic, the ongoing implementation of the Ukrainian missile program with the active participation of the Ministry of Defense of Ukraine and the General Staff of the Armed Forces continues in the sphere of security and defense," National Security and Defense Council of Ukraine said in a
Boeing announced a two week suspension in production of H-47 Chinook and V-22 Osprey aircraft at its facilities in Ridley Township, Pennsylvania, in light of the spread of COVID-19 in the region. This action is intended to ensure the well-being of employees, their families and local communities, and will include an orderly shutdown consistent with requirements of U
Boeing today offered a voluntary layoff (VLO) plan to its employees to tide over the Boeing 737 fiasco and the current coronavirus crisis. The (VLO) plan that allows eligible employees who want to exit the company to do so with a pay and benefits package
The US Air Force has awarded Lockheed Martin $818.2 million to supply 790 JASSM-Extended Range (ER) missiles
A Venezuelan Coast Guard boat deployed to conduct maritime patrol sank in the Caribbean Sea after it collided with a Portuguese cruise ship, on Monday. The “Resolute” cruise ship bearing a Portuguese flag crashed into the Navys “Naiguatá GC-23” patrol boat with 44 onboard just north of La Tortuga islands within Venezuelan territorial waters, the Venezuelan Ministry of Defense said in a statement
Airbus has announced resumption of production and assembly activities at wing plants located in Spain, France and other European countries amid COVID-19 pandemic. “Airbus partially resumed production and assembly work in France and Spain on 23 March following a four-day pause
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