Lockheed Martin has won a $700 million Hellfire missiles contract for Iraq, the defense Security Cooperation agency reported. The contract involves sale of 5000 AGM-114/N/R Hellfire missiles and associated equipment, parts, training and logistical support
BAE Systems won a series of contracts worth $40 million to supply third-generation (Gen3) configuration of its Common Missile Warning System (CMWS) to U.S Army
Lockheed Martin reported a drop in the first-half sales, Telegraph reported. F35 Joint Strike Fighter failed to make its international debut at Farnborough Air Show
India and China are on the urgency of developing naval arsenals preparing for the battle for energy resources in South China Sea and Indian Ocean, The Hindu reported. The report said, India is validating its nuclear deterrent based on technological advancements of Defense Research Development Organization (DRDO)
Korea Aerospace Industries (KAI) has been assigned to develop Light Armed Helicopters (LAH) and Light Civil Helicopters (LCH) for South Korea. The decision to appoint KAI to develop the countrys Light Civil Helicopter (LCH) and Light Armed Helicopter (LAH) was made by the the Ministry of Trade, Industry, and Energy, as well as the Defense Acquisition Program Administration, says KAI in a statement
Fired missiles can be evaded by hard maneuvers. Infra Red missiles lock on can be defeated if the targeted aircraft fly out of the missile seekers field of view
BAE is confident that the US Army will begin buying its precision rocket guidance system by 2015. “Were really looking forward to bringing it to the Army,” David Harrold, director of precision guidance solutions and electronic systems, BAE Systems said at the Farnborough Airshow on Thursday
The US DoD lifted the grounding order of the F-35 fighter after a three week old decision. The fighter jet may make a debut appearance at the Farnborough airshow
F-35B will not be displaying at the Farnborough Air Show on Monday 14 July. F-35 may still make it to Farnborough later this week
Defense industry source report from the Russian Defense Ministry said Vietnam intends to purchase additional missile battalion 3rd Bastion-P, Baodatviet news website reported