Lockheed Martins F-35 program funds have dropped by at least $500 million, according to Pentagon reports. The estimate on upgrades for the first five contracts of 90 aircraft has dropped to about $1
Perhaps sensing an advantage for Lockheed Martins F-35, Swedens Saab has decided to pull out of Canadas fighter competition. Saab is the first of the five competitors to pull out, which includes Eurofighter Typhoon, Boeing F-18E, Dassault Rafale and the F-35
The U.S Air Force announced today that its expecting to declare F-35A Lightning II initial operation capability (IOC) in December 2016
South Koreas Defense Acquisition and Procurement Agency (DAPA) Thursday said that bidding process for the $7.5 billion next-generation fighter procurement project will begin at the start of June instead of midway through the month
A day after Chinese hackers took the rap for a cyber attack against Australia and stealing designs for a new spy HQ, Australias Prime Minister Julia Gillard called the reports “inaccurate”. Gillards statement further strengthens Chinas consistent denials of any state-sponsored hacking against the West
The U.S Congress is seeking an independent software experts team to review the development of software for the F-35 Joint Strike Fighter program and has ordered Pentagon to establish it
With Seoul expected to pick a winning bidder for its fighter aircraft program, Boeing says that it will provide the customized version of the F-15 to South Korea at a reasonable prices in an effort to sway the contract its way. Boeing will offer "a highly capable, yet low-risk, affordable Silent Eagle on a schedule that meets the ROK (Republic of Korea) requirements," Bob Ciesla, the vice president of the F-15 and F-22 program was quoted as saying
EADS is offering a $2 billion investment as it gears up to compete against U.S rivals for a contract to provide 60 advanced fighter planes to South Korea
Lockheed Martin's F-35 program, the costliest fighter aircraft in the world, just got a little less expensive. The U
The U.S Air Force will put the F-35s into operational use by mid-2016, with a similar software package as the Marine Corps