Israeli defense minister Moshe Yaalon has announced the scrapping of a multi-billion-dollar arms deal which includes the procurement of six V-22 Osprey aircraft from the US, local media reported Thursday. The decision to scrap the deal signed last year was taken after Yaalon was reportedly shunned by Washington officials during his visit to the US
The U.S
Lockheed Martin will produce cruise missiles specific to the needs of F-35 Lighting II jets in partnership with Roketsan, the company announced today. "Lockheed Martin has a long history of partnership with the Republic of Turkey and we look forward to working closely with Roketsan on the very important project," Lockheed Martin Missiles and Fire Control Executive Vice President Rick Edwards said in the statement published Wednesday
Finland has commissioned a group to investigate what type of air defense system Finland requires in the future, according to local media reports. Replacing age old Hornet fighter fleet will cost an approximate $7
Pratt and Whitney has won a $592 million contract for the seventh lot of F135 propulsion systems to power F-35 Lightning II aircraft for the US Defense Forces. In December 2013, a $263 million sustainment contract was previously awarded bringing the total LRIP 7 propulsion cost to $943 million
The Norwegian Government has asked for new budget authorizations for a total value of $1 billion for the acquisition of six new F-35 fighter aircraft and additional equipment and services for 2015. Including these aircraft, the New Fighter Aircraft program will have been authorized to acquire 22 of the new aircraft, with deliveries to begin by the end of next year
Indonesia and South Korea are expected to reach an agreement on the second phase of the joint development and production of the KFX/ IFX fighter jet, Jakarta Post reported Thursday. The three phases of developing the KFX/IFX fighter jet are technology development (TD), engineering and manufacturing development (EMD) and joint production and marketing
Arms deals that come with hefty price tags are being cancelled in growing numbers with governments preferring to procure weapons for lower costs or develop them indigenously. Earlier this year, India cancelled a $650 million deal with BAE Systems for the procurement of M-777 howitzers
The Israel Air Force (IAF) inaugurated the new Flight Training Center for the "Lavi" – M346 Trainer at Hatzerim Air Force Base. Elbit Systems, the prime contractor, developed and delivered the new "Lavi" Ground Based Training System (GBTS) center together with Alenia Aermacchi (Finmeccanica Group), CAE and Sellex ES (Finmeccanica Group), following a selection by "TOR - Advanced Flight Training", which is responsible to the IAF for the operation of the trainer aircraft
Aggressive renovation and modification is in full swing at Hill Air Force Base, Utah, in preparation for the military's newest multi-role fighter aircraft, the US Air Force said in a press release.Hill AFBs preparations for the F-35A Lightning II, totaling more than $100 million, with 23 projects to be completed between September 2014 and July 2015, and 36 total projects will be finished once construction concludes in 2019