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Congressional Conference Approves $716 Billion Defense Bill for FY2019
WASHINGTON, D.C. --- Representative Mac Thornberry (R-TX), Chairman of the House Armed Services Committee and U.S. Senators John McCain (R-AZ) and Jack Reed (D-RI), Chairman and Ranking Member of the

More Doubts About F-35 Cost Reduction Promises
The recent agreement between the Pentagon and Lockheed Martin for the latest lot of F-35s includes a 6% price reduction compared to the previous buy. And while the two parties contend that the agreeme

Need for 155,000 More Airline Pilots Seen Fueling USAF Shortage
OSHKOSH, Wis. --- Boeing today released its 2018 Pilot & Technician Outlook, projecting demand for 790,000 pilots over the next 20 years. This represents double the current workforce and the most sign

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Congressional Conference Approves $716 Billion Defense Bill for FY2019
WASHINGTON, D.C. --- Representative Mac Thornberry (R-TX), Chairman of the House Armed Services Committee and U.S. Senators John McCain (R-AZ) and Jack Reed (D-RI), Chairman and Ranking Member of the ...

More Doubts About F-35 Cost Reduction Promises
The recent agreement between the Pentagon and Lockheed Martin for the latest lot of F-35s includes a 6% price reduction compared to the previous buy. And while the two parties contend that the agreeme...

Need for 155,000 More Airline Pilots Seen Fueling USAF Shortage
OSHKOSH, Wis. --- Boeing today released its 2018 Pilot & Technician Outlook, projecting demand for 790,000 pilots over the next 20 years. This represents double the current workforce and the most sign...

Biggest Sales Haul in Five Years at 2018 Farnborough Airshow
The recently concluded Farnborough International Airshow generated an impressive number of orders and other purchase commitments (options, letters of intent, Memoranda of Understanding, etc.) for the ...

F-35 Transfers to Turkey Held Back Under US Defense Bill
Transfers to Turkey of Lockheed Martin Corp.’s F-35 would be barred temporarily under a compromise defense policy measure agreed to on Monday, according to House and Senate aides. Turkish receipt o...

SAMI Signs JV Agreement with Navantia for Five Corvettes
-- The scope of work includes the installation and integration of the combat systems on the last ship of the JV, the logistics support, training programs and simulators required for the ships’ mainten...

US Plans to Give Israel $33Bn for Security Assistance to 2028
S. 2497 would authorize the appropriation of $3.3 billion annually over the 2019-2028 period for assistance to Israel under the Foreign Military Financing (FMF) program. It also would authorize ongoin...

Indian Defense Budget Growing Despite Decline As % of GDP
Defence Budget as a percentage of GDP may appear to be decreasing due to increasing trend in the growth of GDP. However, it is increasing in absolute terms, implying higher spending. Defence Bud...

North Korea Begins Dismantling Rocket Launch Site: Monitor
Satellite images suggest Pyongyang was complying with a pledge made to US President Donald Trump in June. The site is believed to have played a key role in North Korea's intercontinental ballistic mis...

SNC Bids Rebuilt Black Hawks for UH-1N Replacement Program
SPARKS, Nev. --- Sierra Nevada Corporation (SNC) has submitted its Sierra Force helicopter in its final bid and proposal to replace the U.S. Air Force’s (USAF) UH-1N Huey fleet. Sierra Force is an inn...

Iran Building Version of U.S.-Designed Phoenix AAM
TEHRAN --- Iran is building its own version of the AIM-54 Phoenix long-range air-to-air missile. The U.S. designed the Phoenix missile and sold it to Iran before the 1979 revolution. The Faknor mis...

Deloitte: Defense Sector Sales Growing As Commercial Sales Drop
The global defense sector had revenues up by 3.9 percent and led the overall industry growth. Heightened global security threats, increasing US defense budgets, and higher defense spending by countrie...

Korea, US Differ Over 'Operational Military Support' Cost
In thorny defense-cost sharing talks with South Korea, the United States has created a new category -- operational support -- in an apparent bid to sharply raise Seoul's share of the costs, officials ...

Testing Completed of MQ-25 Arresting Hook and HDD
SAN DIEGO --- General Atomics Aeronautical Systems, Inc. (GA-ASI) concluded performance testing of the arresting hook Hold Down Damper (HDD) for its proposed MQ-25 unmanned aerial refueling aircraft f...

CRS Reviews US Navy Force Structure and Shipbuilding Plans
The current and planned size and composition of the Navy, the rate of Navy ship procurement, and the prospective affordability of the Navy’s shipbuilding plans have been oversight matters for the cong...

CRS Updates Status of US Navy Aegis BMD Program
The Aegis ballistic missile defense (BMD) program, which is carried out by the Missile Defense Agency (MDA) and the Navy, gives Navy Aegis cruisers and destroyers a capability for conducting BMD opera...

China Says Report on Its Unmanned Submarines is Overblown
A report that China is developing unmanned submarines to "challenge Western naval powers," was slammed by Chinese experts as overblown and confrontational. China's large unmanned submarines will be...

Laser Diagnostics Key to Mach 18 Hypervelocity Tunnel
ARNOLD AFB, Tenn. --- Advanced laser diagnostics are paving the way for testing at unprecedented speeds at the Arnold Engineering Development Complex Hypervelocity Tunnel 9 in White Oak, Maryland. ...

UK Government Must Be More Assertive in Procurement
The Public Accounts Committee report finds that the procurement process incentivised focus on tendering and winning bids, not ensuring right supplier. The report also highlights further concerns re...

India Awarded Two-Thirds of Military Contracts to Local Firms
Capital procurement of defence equipment is carried out as per the extant Defence Procurement Procedure (DPP). DPP-2016 focuses on institutionalizing streamlining and simplifying defence procurement ...

Lithuania Approves New Military Infrastructure Projects
Earlier this July the Ministry of National Defence and the NATO Support and Procurement Agency (NSPA) signed a contract on infrastructure development projects of the Lithuanian Armed Forces which will...

S. Korea Seeks to Withdraw DMZ Guards on 'Trial' Basis
SEOUL --- South Korea's defense ministry said Tuesday that it is pushing for a plan to withdraw forces and their equipment from border guard posts "on a trial basis" in line with the April inter-Korea...

Damen Assumes Operational Control of Mangalia Shipyard
To signify its first day of operations at Damen Shipyards Mangalia in Romania, Damen held a modest ceremony at the yard on Monday, July 23rd. The celebrations mark Damen’s successful completion of the...

Lockheed Hires 1,800 People, Plans 400 More Jobs in Fort Worth
FORT WORTH, Texas --- Lockheed Martin announced today that it has hired more than 1,800 new employees in support of the F-35 program, meeting a commitment made in January 2017 by Chairman, President a...

Naval Group H1 Ebita Jumps 55% As Sales Increase 10%
-- Sales amount to €1.87 billion (+10% vs first-half 2017), of which 29% on international markets -- Order intake of €1.92 billion -- Increase in EBITA to €126.9 million and return on sales of 6.8%....

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