The U.S. Army has selected Textron (NYSE: TXT) and Lockheed Martin (NYSE: LMT) to battle to build its new Future Long-Range Assault Aircraft (FLRAA), with the prize a potential $40 billion-plus contract to replace the […]
Lockheed Martin clinched a modification contract for submarine-launched ballistic missile (model) Trident II D5 production and deployed systems support. Work related to the deal is scheduled to be over by September 2024. Valued at $601.3 […]
Turkey has joined the ranks of the world’s elite drone manufacturer with heavy investment in the technology after its exclusion from the U.S. F-35 fighter jet programme, National Interest said. Turkey has recently delivered six […]
Germany’s biggest aerospace employee union, IG Metall has warned the country’s government that it risks jeopardising the entire European defence industry if it selects a US-built Super Hornet fighter to replace the Luftwaffe’s Panavia Tornado […]
Eurofighter has told that it has ‘robust plans’ in place across its four production facilities, including in the epicenter of Novel Coronavirus in Italy, Germany, Spain and the UK to mitigate any potential effects on […]
WASHINGTON — Lockheed Martin said on Monday company veteran Marillyn Hewson will step down as chief executive officer, and tapped board member and American Tower Corp boss James Taiclet as her replacement. Hewson joined the defense titan more than […]
The Berendsen Fluid Power and H&H Machine Tools have been selected as the first Australian partners for major equipment design contracts that will support the build of the Australian future submarine. The two companies will […]
Norwegian Kongsberg Defence & Aerospace (KDA) has signed a contract with US-based Raytheon Missile Systems for Naval Strike Missiles (NSM) to the US Navy Over-The-Horizon Weapon System (OTH WS) program. The deal is valued at […]
India was the second-largest arms importer in the world over the past five years, with its neighbour Pakistan ranking 11th. “As in previous years, in 2019 India and Pakistan—which are nuclear-armed states—attacked each other using […]
The United States was the largest exporter of major arms from 2015-2019, delivering 76 percent more materiel than runner-up Russia, according to a new study by the Stockholm International Peace Research Institute think tank. The […]
Copyright © 2020 Global Defense Corp. All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher, except in the case of brief quotations embodied in critical reviews and certain other non-commercial uses permitted by copyright law.