Lockheed Martin awarded $743M defense contract
Lockheed Martin Aeronautics, a subdivision of Lockheed Martin, will be provided with $743 million in funds to modify the F-35 Lightning II fighters. This information has been disclosed by the Pentagon on the 18th of October, 2016.
The modifications to take place will also impact the price ceiling for F-35A and F-35B to be sold outside of the United States.
The United States Air Force (USAF) plans to procure a total of 1,763 F-35A in the coming years and to operate the largest F-35 fleet in the world. 10 other countries have already ordered the fighters: The United Kingdom, Australia, Norway, Italy, Turkey, Denmark, the Netherlands, Israel, South Korea and Japan.
France deploys MAMBA air defense system to Romania
French armed forces in Romania deploy a MAMBA ground-to-air defense system to protect NATO forces in the area....
Apollo fund considers €500 million investment in Air France-KLM spare engines
The US fund Apollo is in talks to inject €500 million into one of Air France-KLM’s subsidiaries, which owns a...
UK Ministry of Defence launches helicopter fleet replacement tender
The British Ministry of Defence launches a tender to replace the 23 Puma HC2 of the Royal Air Force and three more helic...
Airports group ACI Europe sees passenger traffic returning faster than expected
Airports association ACI Europe believes passenger traffic will return to pre-crisis levels in 2024, a year sooner than...