International
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InternationalPentagon Announces $250 Million In Security Assistance Funding To Ukraine
The Pentagon announced plans Tuesday to provide $250 million in funding to Ukraine to assist with additional training, equipment and advisory efforts for the country’s military. The latest funds cover […]
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InternationalL3 Joint Venture With Saudi Arabian Company ‘Key Milestone’ in L3 International Growth Plan, CEO Says
PARIS AIR SHOW—L3 Technologies [LLL] is to help Saudi Arabian Military Industries (SAMI) develop electro-optical and infrared sensors and special mission systems for use by the Kingdom of Saudi Arabia […]
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InternationalSikorsky Looks To German and Israeli Heavy Lift Competitions
PARIS AIR SHOW–Germany is expected to release its RFP for a heavy lift helicopter competition this summer, and Sikorsky [LMT] officials consider the opportunity a major one for the company’s […]
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InternationalDassault Unveils Future Combat Air System Mock Up
PARIS AIR SHOW—Dassault Aviation unveiled a mock up of the Future Combat Air System on June 17 here, as government and company officials signed an FCAS Industry Agreement on Demonstrator […]
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Business/FinancialFincantieri and Naval Group Sign Joint Venture Agreement
France’s Naval Group and Italy’s Fincantieri signed a joint venture agreement on June 14 that delineated the terms of incorporation for a new 50/50 owned company. The companies signed an […]
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Business/FinancialBoeing Estimates Global Defense And Space Market Of $2.5 Trillion Through 2028
Boeing [BA] projects that the global market for defense and space opportunities over the next decade will be worth $2.5 trillion, part of an $8.7 trillion forecast for the overall […]
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InternationalLockheed Martin Seeking Foreign Customers for Maritime C-130Js
PARIS AIR SHOW—Lockheed Martin [LMT] has performed engineering studies on a maritime patrol version of its C-130J aircraft and believes that NATO and Asia/Pacific nations may have an interest in […]
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Advanced / Transformational TechnologyCollins Aerospace Sees Big Demand For New, Retrofit ‘Fly-By-Wire’ System
PARIS AIR SHOW—Collins Aerospace [UTX] and Lockheed Martin’s Sikorsky [LMT] are highlighting an advanced fly-by-wire retrofit kit to allow autonomous flight in medium and heavy helicopters and fixed wing aircraft. […]
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InternationalFrench Air Force Orders Additional H225M
The French Air Force has ordered an additional heavy twin Airbus H225M helicopter to add to its existing fleet of 10. It will be delivered in a configuration that allows […]
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Advanced / Transformational TechnologyThales Acquires Artificial Intelligence Company Psibernetix
Bolstering its capabilities in artificial intelligence (AI), France’s Thales said earlier this month that it acquired Ohio-based Psibernetix, which has developed processes that enable AI decisions to be mathematically verified […]