Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
It gives the manufacturer a new aircraft-development program that has the potential to become a franchise business, revitalizing a defense unit that relies heavily on production of older models after losing the lucrative F-35 fighter to Lockheed Martin and the B-21 long-range bomber to Northrop Grumman. "It's a big research and development program, and a big win within unmanned systems," Roman Schweizer, an analyst with Cowen Washington Research Group, told the Washington Examiner .
A used Royal Air Force C-130J could soon be supporting the US Navy's Blue Angels fighter demonstration team as a long-term replacement for the team's famous "Fat Albert". Naval Air Systems Command plans to quickly buy one of the RAF's C-130Js to "avoid a gap in logistical support of the Blue Angels flight demonstration squadron", according to a government acquisition notice posted on 23 March.
The Air Force has awarded Lockheed Martin the second deal, after Northrop Grumman, for development and demonstration of a new low-cost cruise missile called Gray Wolf. The terms of the $110 million deal were made public by Lockheed Martin on Wednesday in announcing the five-year contract for phase 1 of Gray Wolf development.
BERLIN: Germany's military has approved plans to buy 45 to 60 new heavy-lift helicopters, kicking off a competition between the two largest US weapons makers for the contract worth nearly 4 billion euros , a military source said on Friday. Lockheed Martin Corp will bid with its massive CH-53K helicopter, while Boeing Co will seek to sell its smaller twin-rotor CH-47.
Aviation Museum Volunteer Boone Barnes, looks up as fellow volunteers, John Kennedy, Bill Hepler, Don Dykes and Randy Shepherd, secure one piece of the leading-edge part onto the left wing of a C-141 aircraft on Wednesday.
President Donald Trump is striking deals for U.S. companies at the same time as he is working to improve foreign relations. Speaking at the White House on Tuesday, Trump said the U.S. was working with the southeastern European country to help strengthen its economy and security systems.
A lot of things are made in Maine, and as a generation of engineers is poised to retire manufacturers are looking to fill the ranks. At a Manufacturing Day celebration Tuesday, hosted at Pratt and Whitney in North Berwick, U.S. Senator Angus King, I-Maine, said there are a thousand jobs in manufacturing in Maine that are empty today and that need smart people.
With financial headlines warning of a potential outbreak of World War III, this stalwart could help steady your portfolio in these uncertain times. "North Korea best not make any more threats to the United States.
Rick Ambrose, executive vice president of Lockheed Martin Space Systems, left, Rep. Mike Coffman, Jay Lindell and Don Rosier break ground on the Gateway Center. Employees of Lockheed Martin, government officials and other community members gathered to celebrate the 266,000-square-foot facility.
The U.S. Navy and Japan will buy an additional $42 million worth of submarine-hunting sonar systems from Lockheed Martin's plant in suburban Syracuse, according to Pentagon officials. The deal confirmed by Lockheed Martin officials Monday is at least the fourth option exercised by the Navy on a contract worth up to $199 million for TB-37 multi-function towed arrays.
Several well-known American defense contractors got a big lift Monday thanks to new deals by the Saudi Arabian government to purchase weapons, ships, aircraft and other military equipment in the wake of President Trump's visit to the kingdom. Lockheed Martin said on Saturday that Saudi Arabia was spending more than $28 billion on missiles, radar defense systems and 150 S-70 Black Hawk helicopters, among other things.
A federal appeals court has upheld a decision by the Merit Systems Protection Board that the Defense Department was correct in furloughing 40 employees in a unit supported by a working capital fund. Victoria Snyder, who was a civilian mechanical engineer at the Naval Surface Warfare Center's Dahlgren Division, was furloughed for six days in 2013 as part of the government-wide sequestration that began that year.
After President Donald Trump got involved in the negotiation with the overpriced U.S. military contract for F-35's, the Pentagon announced Friday that they have reached a deal with Lockheed Martin for the purchase of 90 F-35 jets . The price tag will be the lowest in the program's history.
FILE - In this Thursday, Dec. 15, 2016, file photo, President-elect Donald Trump speaks during a rally at the Giant Center in Hershey, Pa. Trump's closest advisers see Democrats' complaints that Moscow hacked their private ... The CEO of Boeing is meeting with President-elect Donald Trump at Mar-a-Lago just weeks after a public flap over the cost of the Air Force One project.
Donald Trump may meet his match when he goes toe-to-toe with another world leader who's showing prowess at strong-arming American companies into helping make his country great again. Lockheed Martin and Boeing are the two major companies involved in discussions to build fighter aircraft production plants in India as part of that country's "Make in India" initiative, which is essentially a mirror-image of President-elect Trump's aggressive desire to keep manufacturing jobs within the United States.
A deal to buy high-end Rafale planes from France's Dassault was scaled back to just 36 jets last month. India is offering to buy hundreds of fighter planes from foreign manufacturers - as long as the jets are made in India and with a local partner, air force officials say.
Prime Minister Narendra Modi in the market for 200 foreign combat jets, but there's a catch: they have to be made in India Indian Air Force is desperately trying to speed up other acquisitions and arrest a fall in operational strength - now a third less than required to simultaneously fight China and Pakistan India is offering to buy hundreds of fighter planes from foreign manufacturers - as long as the jets are made in India and with a local partner, air force officials say.
NEW DELHI: India is offering to buy hundreds of fighter planes from foreign manufacturers - as long as the jets are made in India and with a local partner, Indian Air Force officials say. A deal for 200 single-engine planes produced in India - which the Air Force says could rise to 300 as it fully phases out ageing Soviet-era aircraft - could be worth anything from $13-$15 billion, experts say, potentially one of the country's biggest military aircraft deals.