The price of the Lockheed Martin F-35 Stealth fighter jet has fallen below the $100 million apiece mark eroding the global market for older generation aircraft such as the F-16, Boeing F/A-18 and Saab Gripen. F-35s price has come down from around US$200 million apiece to US$100 million in the last 3 years
The US Trump administration may want a fresh look at Lockheed Martins proposal to move production of F-16 fighter jets to India. "We've briefed the Administration on the current proposal, which was supported by the Obama Administration as part of a broader cooperative dialogue with the Government of India," a Lockheed Martin Spokesperson was quoted as saying by
Leonardo has confirmed its participation in the US Air Force $16.3 billion T-X trainer competition alone
Boeing has established a local operating entity Boeing Defense India (BDI) that will support the companys future growth in the country in the areas of services and support, sales and marketing, sourcing, manufacturing and engineering. Pratyush Kumar, president, Boeing India, will lead BDI and the expansion of the Boeing Global Services organization in India
Orbital ATK has sued Defense Advanced Research Projects Agency (DARPA) questioning its Robotic Servicing of Geosynchronous Satellites (RSGS) program as a competition to commercial enterprises and also a violation of the US National Space Policy. “DARPAs RSGS program will subsidize a single company with several hundred million dollars worth of space hardware and launch service, courtesy of the US taxpayer, to directly compete with commercial satellite servicing systems that Orbital ATK and other companies are developing with their own private capital
A squadron of five E-2D Hawkeye Advanced surveillance aircraft has joined the Ronald Reagan Aircraft Carrier Strike Group in the Japanese city of Iwakuni Thursday in order to boost airborne radar and detection capabilities in the Asia-Pacific. The forward deployment is seen as an effort to raise deterrence against the efforts by China to build up its naval capabilities
TASER International announced Thursday the purchase of an order for TASER X26P Smart Weapons for the US Air Force received through our exclusive sole source distributor, AARDVARK. This order was received and anticipated to ship in the first quarter of 2017
The chairman of South Korea's Joint Chiefs of Staff (JCS) on Wednesday asked his US counterpart to deploy strategic military assets to the Korean Peninsula in a bid to counter North Korea's evolving nuclear and missile threats, the military said. Gen
Lockheed Martin is being awarded $166 million contract for the full-rate production of 36 electronic Consolidated Automated Support Systems. This contract also provides for sustaining logistics and engineering support
Raytheon was awarded a $202million contract for engineering services for the Patriot weapon systems contract to Germany, Israel, Japan, Republic of Korea, Saudi Arabia, Kuwait, Netherlands, Qatar, Spain, and Taiwan. Bids were solicited via the Internet with one received