The Pentagon has approved a potential $126 billion project for the development of 12 new nuclear-armed submarines to replace aging Ohio-class submarines of the US Navy. “Im hoping to have it done before I leave,” Frank Kendall, the undersecretary for acquisition whos departing when President Barack Obama steps down on Jan
The US Air Force has issued a request for proposals (RFP) for a $16.3 billion program that seeks to build a new trainer jet for the replacement of T-38 aircraft and train pilots of F-22 and F-35 fighter jets
Lockheed Martin has won a $450 million contract for low-rate initial production Lot 10 F-35 Lightning II advance acquisition for South Korea. This modification continues the integration work to implement the development and delivery of the F-35A Air System to the Republic of Korea under the Foreign Military Sales program, US department of defense said in a statement Thursday
Israel is retiring its F-16 A/B ‘Netz fighter jets fleet and putting up 40 of them for sale. “Israel's Defense Ministry has announced that it will try to sell the aircraft to foreign forces
China plans to sell its newly tested improvised version of its stealth fighter FC-31 Gryfalcon jet at a price much lesser than its western counterparts. According to Fu Qianshao, an aircraft expert with the PLA Air Force, AVIC wants to use the FC-31 to capture market share at home and abroad, but the company is making a big push to attract foreign buyers with its medium-sized stealth combat planes,
Amid escalating tension with China and North Korea, the Japanese government on Thursday announced increase in defence budget for fiscal 2017 starting April 1, that covers a new amphibious force and a new sea-based ballistic missile interceptor system. Japanese Prime Minister Shinzo Abes cabinet approved ¥5
US President-elect Donald Trump met Boeing and Lockheed Martin CEOs to negotiate defense spending costs in the Pentagon budget. Trump held meetings on Wednesday with generals, military procurers and two of the largest defense contractors in an effort to control costs,
The US Navy has awarded a contract worth $1.5 billion to Huntington Ingalls Industries (HII) for the detail design and construction of USS Fort Lauderdale (LPD 28), a San Antonio-class amphibious transport dock ship
Lockheed Martin has been awarded $181 million contract to provide logistics services for F-35 Lightning II aircraft in support of the US Air Force, Navy, Marine Corps and foreign military sales (FMS) customers. “Lockheed Martin Corp
India is likely to float a tender for the acquisition of Active Electronically Scanned Array (AESA) for its new fleet of 83 Light Combat Aircraft (LCA) Mk 1A in the coming weeks. An expression of interest for a new set of AESA for the Light Combat Aircraft (LCA) Mk 1A is set to be floated shortly, with top global aviation firms expected to participate