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.
European Commission mulls development of new medium tactical airlifter
The European Commission has launched a call for tenders to study the possible development of a new medium tactical cargo...
Korean Air postpones Asiana deal by further three months
Korean Air postpones the deadline to complete a deal for a majority stake in Asiana by three months, to September 30, 20...
Icelandair to expand its 737 Max fleet to 20 aircraft with new lease agreement
Icelandair will add two new Boeing 737 MAX 8 aircraft to its fleet following an agreement with Singapore-based lessor BO...
New F-35 customer: Greece sends request for 20 stealth jets
Greece sent a request for 20 fifth-generation F-35 fighter jets, the country’s Prime Minister announces....