Search Results
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Boeing Defense, Space & Security 3Q Revenue at $5.7 Billion
October 25, 2018 @ 12:36 PMBoeings Defense, Space & Security businesss third-quarter 2018 revenue increased to $5.7 billion, up from $5,050 for the same period last year; driven by increased volume across government satellites, KC-46 Tanker, F/A-18 and weapons
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Lockheed Banking on Saudi THAAD Sale After losing $12 Billion Deals to
October 24, 2018 @ 01:21 PMDisappointed at losing three large US DoD arms deals worth $12 billion to Boeing, Lockheed Martin is counting on a potential Terminal High-Altitude Area Defence (THAAD) sale to Saudi Arabia worth $15 billion to increase its sales and profits. The US Navy awarded Boeing a $2
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Fear of Star Wars as US Plans Space Force by 2020
October 24, 2018 @ 10:00 AMThe Trump administration plans to launch the United States Space Force (USSF), the nation's sixth military branch, by 2020, Vice President Mike Pence said in a speech at the National Space Council on Tuesday, agencies reported. The proposed launch of the USSF has led to fears of space becoming the next battleground and testing field for advanced weaponry
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Lockheed Martin-led Team to Undergo ‘Due Diligence’ in Canadian Warship Deal
October 20, 2018 @ 09:01 AMThe Government of Canada and Irving Shipbuilding have identified Lockheed Martin Canada as the preferred bidder to provide the design and design team for the Royal Canadian Navys future Canadian Surface Combatants. Lockheed Martin Canada must now go through the “due diligence process,” which includes negotiations with the company on intellectual property rights, an assessment of combat systems performance and financial capability to deliver the project, together with the verification of various other administrative matters
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Chinese Defence, Aerospace firms Plan Big Bang Introductions at Airshow China
October 10, 2018 @ 03:02 PMChina North Industries Group Corp or Norinco Group (CNIGC) and China Aerospace Science & Technology Corp (CASC) plan to unveil a number of new products at Airshow China next month in Zhuhai. CNIGCs displays will include about 100 system products in air defense, coastal defense, ground strikes, unmanned combat, early warning and surveillance security, commercial aerospace, and command communications and support
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Spanish Air Force’s TAURUS Missile to be Upgraded by MBDA, Saab JV...
October 9, 2018 @ 11:23 AMThe Spanish Ministry of Defence and TAURUS Systems GmbH (TSG) signed a contract for an upgrade of the operational capability of the TAURUS KEPD 350 Weapon System used by the Spanish Air Force. The TAURUS KEPD 350 has been in the inventory of the Spanish Air force for 10 years
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Raytheon to Develop New Propulsion System for US Army's TOW Missiles
October 9, 2018 @ 09:02 AMThe United States Army has awarded Raytheon $21 million contract to develop a new propulsion system for the TOW missile. The contract funds a three-year effort to make performance improvements to the tube-launched, optically tracked TOW missile, the company said in a statement Sunday
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Saab, Raytheon to Develop Guided Munition for Carl-Gustaf Weapon System
October 9, 2018 @ 08:45 AMA Saab-Raytheon collaboration has received a contract from the United States Army to demonstrate a guided munition for the Carl-Gustaf infantry weapon system, with three all-up-round test firings against threat-representative targets. In 2017, Saab announced its partnership with Raytheon to develop new weapons for infantry forces
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US Approves Sale of F-16, C-130, F-5 Parts to Taiwan Worth $330
September 25, 2018 @ 08:58 AMThe US State Department has approved a possible Foreign Military Sales Order (FMSO) to provide funds for blanket order requisitions to the Taipei Economic and Cultural Representative Office in the United States (TECRO) for $330 million. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale today
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Boeing Wins $2.8B USAF Contract For 18 KC-46 Tankers
September 11, 2018 @ 07:41 AMThe US Air Force has won a $2.8 billion worth contract to Boeing for additional 18 KC-46 tankers, the Department of defense announced Monday
French DGA, Airbus Unveils All-new NH90 Caiman Standard 2 Helicopter
Israeli Airstrike Targets UNRWA Clinic in Jabalia, 19 Killed
Ukraine Tests Long-Range FPV Drones with Fiber Optic Control
Russian Forces Deploy Homemade Chemical Munitions on Drones
Lockheed Martin Faces Billions in F-35 Cuts Under U.S. Policy Shift
Americas policy of controlling F-35 usage, spares, and maintenance—combined with President Donald Trumps threats of trade wars with Europe, halted...
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...
NATO’s Intensified Exercises a Prep to Attack Russia?
Recent NATO exercises such as the BALTOPS-24, Steadfast Defender 2024 and its first-ever Basic Fighter Maneuvers exercise have been its...
Precision in the Skies: The Evolution of Loitering Munitions
Loitering munitions - drones that hover over a target and blow up near it - have become the weapon of...