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  • WASHINGTON, April 11- Pratt& Whitney, a unit of United Technologies Corp, has won an additional $1.04 billion contract for F-35 fighter jet engines, bringing the total value of its work on a ninth batch of the engines to $1.4 billion, the Pentagon said on Monday. The contract announced on Monday finalizes part of an agreement in principle that Pratt reached with the...

  • WASHINGTON, April 11- United Technologies Corp unit Pratt& Whitney Military Engines is being awarded a $1.04 billion modification to a previously awarded contract for propulsion systems for the F-35 Lightning II fighter jet, the Defense Department said on Monday.

  • Gulfstream G550 and G650 jets

    Unsteady headwinds in the business-jet market rattles of some investors.

  • WASHINGTON, March 28- General Dynamics Corp will be the prime contractor for development of 12 new submarines to carry nuclear ballistic missiles and Huntington Ingalls Industries Inc will be the major supplier under a plan released by the U.S. Navy on Monday. The Navy said its new "Submarine Unified Build Strategy" is aimed at ensuring that concurrent work...

  • WASHINGTON, March 22- U.S. specialty truck maker Oshkosh Corp was awarded a $243.8 million contract for 657 Joint Light Tactical Vehicles, the Pentagon said on Tuesday.

  • WASHINGTON, March 18- A U.S Navy ballistic missile program used its first component made from 3 D printing, a process that sharply reduces the manufacturing time, according to the weapons' producer, Lockheed Martin Corp.. In a statement on Friday, Lockheed said the missiles were part of successful test flights earlier this week. U.S. Navy spokesman John Daniels...

  • WASHINGTON, March 7- The U.S. Air Force on Monday named Pratt& Whitney as the engine maker for the new Northrop Grumman Corp long-range strike bomber, and defended the plane's "cost plus incentive fee" contract that has been challenged by U.S. lawmakers. U.S. Air Force Secretary Deborah James revealed the names of the engine maker, a unit of United Technologies Corp...

  • WASHINGTON, Feb 26- U.S. Air Force Secretary Deborah James, unveiling the first image of a new Northrop Grumman Corp long-range bomber on Friday, said it would be designated the B-21. The Air Force, under pressure from lawmakers and retired Air Force officers, has promised to release more information about the new plane in March. The Air Force says that only the...

  • WASHINGTON, Feb 25- U.S. Senate Armed Services Committee Chairman John McCain on Thursday vowed to block use of a cost-plus type of contract, under which the government would be responsible for cost overruns, for a new long-range bomber to be built by Northrop Grumman Corp.. The Air Force said that only the engineering and development phase of the program, valued...

  • SINGAPORE, Feb 19- Indonesia is ordering around a dozen Russian Sukhoi Su-35 fighter jets and could sign a contract for the purchase in a month's time, said two sources with direct knowledge of the matter. This will be the second export order for Russia's newest fighter jet, with China inking a deal for 24 planes worth more than $2 billion in November 2015.

  • Global geopolitical uncertainty has pushed defense to the top of national agendas, helping prop up sales at major defense products suppliers.

  • Secretary of State John Kerry (R) watches as Marines raise the American flag at the U.S. Embassy August 14, 2015 in Havana, Cuba.

    Cuba has returned a dummy U.S. Hellfire missile that was mistakenly shipped there from Europe in 2014, American and Cuban officials said.

  • The change in the Pentagon's plan for the $391 billion weapons program defers orders for 45 Air Force jets, compared with last year's plan, while accelerating orders for the Navy and Marine Corps models of the aircraft, the sources said. It calls for the Navy and Marine Corps to buy 64 F-35C jets, which can take off and land on aircraft carriers, over the next five...

  • Paris prosecutors have launched an investigation into whether Malaysia's PM was paid bribes in a $1.2B arms deal, the FT reports.

  • In fiscal 2017, the Navy would spend $587 million to buy 125 SM-6 missiles, according to a senior defense official. The Pentagon's budget reshapes spending priorities to reflect a new strategic environment marked by a return to greater power competition from Russia and China, and other threats such as Iran, North Korea and Islamic States.

  • Defense Secretary Ash Carter on Wednesday mapped out plans for the U.S. Navy to buy more high-end submarines, destroyers, fighter jets and unmanned underwater vehicles using $8 billion in savings generated by scaling back orders for smaller Littoral Combat Ships. Carter said the Pentagon's five-year budget plan also included $2.9 billion to modify...

  • WASHINGTON, Jan 28- Boeing Co has won a contract worth $2.5 billion to build 20 more P-8A maritime surveillance aircraft, the Pentagon announced on Thursday. The contract covers the production and delivery of 16 aircraft for the U.S. Navy and four for the Australian government, the Defense Department said in its daily digest of major weapons contracts.

  • *China held talks with Russia in November on engine collaboration. SINGAPORE, Jan 29- China has built a potent military machine over the past 30 years but is struggling to develop advanced engines that would allow its warplanes to match Western fighters in combat, foreign and Chinese industry sources said. Western restrictions on arms exports to China prohibit...

  • 737 Max Hero Boeing

    Boeing said expects to deliver fewer commercial planes this year, sending its shares down.

  • 747-8 Boeing Freighter Plane

    Boeing announced Thursday it will take a $569 million after-tax charge in its fourth-quarter results as it scales back production of its 747-8 jet.