Bombardier has entered into a definitive agreement for the previously announced $1 billion US investment by the Government of Québec in a newly created C Series Aircraft Limited Partnership (CSALP), to which the assets, liabilities and obligations of the C Series aircraft program will be transferred. “We are delighted to officially welcome the Government of Québec as an equity partner in the C Series program,” said Alain Bellemare, President and Chief Executive Officer, Bombardier
Israeli and US government leaders along with Lockheed Martin rolled out the first Israeli Air Force F-35A Lightning II Wednesday. Israel's F-35, called Adir - which means "Mighty One" in Hebrew - will be a significant addition to maintaining Israel's qualitative military edge in the Middle East region, with its advanced capability to defeat emerging threats, including advanced missiles and heavily-defended airspace
India is likely to finalize modified Boeing 777-300 to replace its VIP Boeing 747 jumbo jet to fly the Prime Minister and will be renamed, Air India One. Defence Minister Manohar Parrikar is likely to finalise the deal of two new Boeing 777-300s in the Defence Acquisition Council meeting to be held on June 25
Lockheed Martin has won a $14 million US Navy contract for support of the SQQ-89 undersea warfare system. The contract features options that will bring its value to $169
The US Army Intelligence and Security Command (INSCOM) has awarded BAE Systems a $75 million contract to provide enhanced geospatial intelligence technical and analytical support. BAE Systems will assist in the exploitation and processing of geospatial data and develop various intelligence products for INSCOMs Military Intelligence Brigade – Theatre Integrated GEOINT Divisions, the company said in a statement Tuesday
BAE Systems has won a $10 million contract to provide the necessary material and technical engineering to build, integrate, test, and deliver one assault amphibious vehicle, command vehicle 7A1 (AAVC7A1); and one assault amphibious vehicle, recovery vehicle 7A1 (AAVR7A1). This effort includes all weapons, support and test equipment, spares, publications, training, engineering services, logistics, and other technical support for the government of Japan, US department of defense said in a statement Wednesday
Israel will install its own cyber defenses on the F-35 jets it will receive this year. “F-35 would significantly upgrade Israel's ability to defend itself,” the air force's Chief of Staff, Brig
Indian defense manufacturers will benefit from offsets and access modern technology with the governments move to allow Foreign Direct Investment (FDI) to 100 percent in the sector, M N Vidyashankar, President, India Electronics and Semiconductor Association said. “With the FDI the MNCs (multi-national companies) wanting to invest in India will need local backup, resources, and manufacturing capabilities and comforts to deal with local vendors
Lockheed Martin has been awarded the Sensor Systems - Aerial Intelligence, Surveillance and Reconnaissance (SS-AISR) task order on the R2-3G contract vehicle by the US Army. Under this one-year base/two one-year options contract valued at $733 million, Lockheed Martin will support the ACC-APG to modernize sensor equipment and platforms that support AISR data collection, air- and ground-based processing, exploitation and dissemination for missions worldwide
Russian Air and Missile Defense force has launched a short range ballistic missile interceptor Tuesday. "The purpose of the launch was to prove the characteristics of the missile defense systems antimissiles in service with the Russian Aerospace Force [RusAF]," Defense Ministrys press office told journalists