International
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Air ForceLockheed Martin Targets $80 Million Price Tag For F-35 By LRIP 14
FARNBOROUGH INTERNATIONAL AIRSHOW–Lockheed Martin [LMT] has reached a “handshake” agreement on the low-rate initial product lot 11 (LRIP 11) contract for the F-35, according to a program update provided by […]
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Air ForceBoeing Tallies $2.1 Billion In Services Orders At Farnborough
Boeing [BA] on Monday said its Global Services segment racked up $2.1 billion in potential new orders and agreements from commercial and government customers worldwide, including a nearly $1 billion […]
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InternationalReport: Mexico to Cancel MH-60R Deal
Mexico’s president elect, set to take office Dec. 1, will reportedly cancel the country’s planned purchase of eight Sikorsky MH-60R helicopters from the U.S. Andres Manuel Lopez Obrador told legislators […]
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CongressAdministration, GOP Congressmen Proposing Legislation On Cyber Supply Chain Security
The Trump Administration this week sent proposed legislation to Congress to help federal agencies strengthen the cyber security of their supply chains and two House Republicans said on Thursday that […]
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Business/FinancialL3 To Acquire Two Information Security Firms Based Outside U.S.
L3 Technologies [LLL] on Wednesday said it has agreed to acquire two companies that it said will strengthen its cyber defense capabilities, particularly for intelligence and classified missions. L3 said […]
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InternationalLeonardo, Polish Firm Collaborate In Development of New Combat AW249
Leonardo and Polish Armaments Group (PGZ) have agreed to collaborate on development of a new combat helicopter, the AW249. The 249 would meet the Polish Army’s requirement for a new […]
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InternationalState Department Approves $740 Million In AMRAAM Sales To UK And Denmark
The State Department approved two possible Foreign Military Sales (FMSs) for the United Kingdom and Denmark to purchase a combined 228 Raytheon [RTN] AIM-120 Advanced Medium Range Air-to-Air Missiles (AMRAAM) […]
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InternationalNew Zealand To Buy Four P-8A Poseidon Aircraft for $1.6 Billion
The New Zealand government on Monday approved a plan to acquire four Boeing [BA] P-8A Poseidon maritime patrol aircraft for $1.6 billion to replace its six legacy P-3K2 Orion aircraft. […]
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Business/FinancialBoeing Plans Separate Tie-Up With Embraer For Defense
Boeing [BA] on Thursday moved a step closer to establishing a strategic partnership with Brazilian aircraft maker Embraer [ERJ], announcing a pending $3.8 billion majority ownership stake in a commercial […]
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Business/FinancialBoeing Global Services Chief Sees Commercial Growth Outpacing Defense In Coming Years
As Boeing [BA] strives to grow its year-old services segment to $50 billion in revenue within the next nine years, the commercial work will rise faster than defense business but […]