Japan may incur an 86 Billion Yen (US$770 Million) maintenance hit on the US warplanes and drones it has bought or is planning to buy such as the F-35, Osprey, Global Hawk and E-2D Hawkeye. The aircraft including the unmanned Global Hawk were purchased under the Pentagons foreign military sales (FMS) system and maintenance for it is to be performed by the American OEM
Lockheed Martin booked $184M in charges on two Middle East contracts, in a move that highlights the potential pitfalls of the overseas deals that have been driving growth for US defense contractors. Lockheed Martin took charges on a new missile-defense system being developed for the UAE and an Abu Dhabi-based aircraft maintenance joint venture, ending a multi-quarter run of earnings beats, the company said in a statement Tuesday
UKs HMS Queen Elizabeth aircraft carrier will start receiving F-35 fighter jet and various helicopters including Apache, Merlin, Wildcat, Chinook in 2018. UK has set target to reach initial operating capability for its new F-35B aircraft by 2018 and seeks to have 24 jets available for service by 2023 end,
The US Air Force has deployed F-35A stealth Joint Strike Fighters to Estonia that borders with Russia. The reason for the deployment is said to be to train with aircraft from the US and allied militaries
The US Navy has awarded a $109 million contract to Lockheed Martin for hardware and software upgrade kits in support of the F-35 Joint strike fighter aircraft. The awarded contract is for the procurement of 567 modification kits for offboard system hardware and turnaround assets, and also recurring labor for the completion of hardware and software upgrades in support of the F-35 Lighting III Block 3F upgrade for Air Force ($62,663,062); Marine Corps ($43,453,490); Navy $3,060,885); and international partners ($386,297), the US Department of Defense said in a press release Tuesday
Israel will receive three addition F-35 stealth fighters from the United States on Sunday apart from two which arrived in December. They are among 50 that Israel has agreed to buy from aerospace giant Lockheed Martin,
UKs Ministry of Defense (MoD) has awarded three new missile contracts worth £539 million ($690 million) for Meteor, Common Anti-air Modular Missile (CAMM) and Sea Viper missile systems from MBDA. Secretary of State, Sir Michael Fallon, said “This substantial investment in missile systems is vital in protecting our ships and planes from the most complex global threats as our Armed Forces keep the UK safe, UK MoD said in a statement Friday
Boeing has pulled out of Belgian F-16 replacement program and also informed the government that it will not participate in the bidders conference nor respond to the request for proposal (RFP). “We regret that after reviewing the request we do not see an opportunity to compete on a truly level playing field with the extremely capable and cost-effective F/A-18 Super Hornet, the company said in a statement Thursday
The U.S
Lockheed Martin has been awarded a foreign military sales contract to provide hardware and engineering services for Japanese F-35 Lightening II Joint Strike Fighters. “Lockheed Martin Corp