Lockheed Martin has been awarded $110 million contract for the gray wolf science and technology demonstration effort. The contract provides for the design, development, manufacture, and testing of prototype-affordable cruise missiles to advance networked collaborative operations technologies for defeat of enemy integrated air defense systems, US department of defense said in a statement Monday
Lockheed Martin has test fired production-configuration Long Range Anti-Ship Missiles (LRASM) from a US Air Force B-1B bomber. During the test over the Sea Range at Point Mugu, California, B-1B aircrew simultaneously launched two LRASMs against multiple maritime targets, meeting the primary test objectives, including target impact, the company said in a statement Wednesday
The US state department has refuted allegation of US non-compliance with the Intermediate-range Nuclear Forces treaty alleging Russia of refusing to engage in any serious discussion of US concerns on existence of a prohibited missile system with Russia. The Russian Federation has sought to deflect US concerns by accusing the United States of being the party in violation of the INF Treaty, the state department stated in a Bureau of Arms Control, Verification and Compliance Factsheet published last Friday
South Korea will increase its military budget next year to 43.2 trillion won ($39
Lockheed Martin and the North Atlantic Treaty Organization (NATO) Support and Procurement Agency (NSPA) have signed a five-year agreement for the agency to purchase Enhanced Laser Guided Training Rounds (ELGTRs) on behalf of member countries. The follow-on agreement is in effect through 2021 and provides for the purchase of up to 3,000 ELGTRs a year for the next five years, the company said in a statement Wednesday
The US Air force has awarded a contract estimated almost $17.4 million to General Atomics to integrate laser small diameter bomb onto the MQ-9 Reaper drone
The first of Australias 12 Offshore Patrol Vessels that will be built in Australia will commence production in the fourth quarter of 2018. The Malcolm Turnbull Government announced that the Australias AUD4 billion OPV project will be designed and built under prime contractor Germany's Lurssen Werft shipyard
The United Kingdom will purchase Israeli missile defense shield based on Iron Dome to protect Falklands for £78 million ($92.3 million)
Lockheed Martin has received a $44.1 million contract from the US Air Force to produce Intelligent Test Instrumentation Kits to be used on Joint Air-to-Surface Standoff Missile (JASSM) flight tests for telemetry and flight termination purposes
Ukrainian state aircraft manufacturing company, UkrOboronProm and US-based Oriole Capital Group have reached an agreement for an investment of $150 million for mass production of An-74 aircraft at Kharkiv State Aircraft Manufacturing Company. The agreement was reached during the international exhibition Dubai Airshow 2017, currently held in the United Arab Emirates, the company said in a statement Monday