Defense Defense Contractors

  • TOKYO, Aug 19- Japan's defense ministry will seek a record budget of 5.16 trillion yen for fiscal 2017, as tension rises in the East China Sea and North Korea steps up its missile threat, a government official with direct knowledge of the plan said. The hike of 2.3 percent over this year's budget of 5.05 trillion yen marks the fifth successive annual increase...

  • TOKYO, Aug 19- Japan's defence ministry will seek a record budget of 5.16 trillion yen for fiscal 2017, as tension rises in the East China Sea and North Korea steps up its missile threat, a government official with direct knowledge of the plan said. The hike of 2.3 percent over this year's budget of 5.05 trillion yen marks the fifth successive annual increase...

  • TOKYO, Aug 19- Japan's defense ministry will seek a record budget of 5.16 trillion yen for fiscal 2017, as tension rises in the East China Sea and North Korea steps up its missile threat, a government official with direct knowledge of the plan said. The hike of 2.3 percent over this year's budget of 5.05 trillion yen marks the fifth successive annual increase...

  • "The KC-46 program has made significant strides in moving the Air Force toward the modernization needed in our strategic tanker fleet," Air Force Secretary Deborah Lee James said in a statement announcing the approval. The Air Force added it would soon award Boeing contracts for the first two batches, 19 aircraft in total, with a pre-negotiated combined value of...

  • STATE DEPT SAYS IT APPROVES POSSIBLE SALE OF MILITARY EQUIPMENT WORTH $1.15 BLN TO SAUDI ARABIA.

  • WASHINGTON, Aug 2- Raytheon Co is being awarded a $524 million U.S. defense contract to build 47 SM-3 Block IB missiles, the Pentagon said on Tuesday.

  • WASHINGTON, Aug 2- The U.S. Air Force on Tuesday declared an initial squadron of Lockheed Martin Corp F-35A fighter jets ready for combat, marking a major milestone for a program that has faced cost overruns and delays. The action is another achievement for the $379 billion program, the Pentagon's largest weapons project. "The U.S. Air Force decision to make the 15...

  • WASHINGTON, Aug 2- The U.S. Air Force will on Tuesday declare an initial squadron of Lockheed Martin Corp F-35A fighter jets ready for combat, according to sources familiar with the decision. General Hawk Carlisle, who heads Air Combat Command, will announce at a news conference at 1:00 p.m. EST that the Air Force has an "initial operational capability" of the F-35...

  • General Hawk Carlisle, who heads Air Combat Command, will announce at a news conference at 1:00 p.m. EST that the Air Force has an "initial operational capability" of the F-35 jets, said the sources, who were not authorized to speak publicly. The Air Force follows the U.S. Marine Corps, which declared a first squadron of F-35s ready for combat in July 2015.

  • The patriot missile is manufactured at Raytheon's Integrated Air Defense Center in Andover.

    The West’s dominance in providing military hardware around the world is set to erode, according to analysts in the sector.

  • The U.S. military is using an unmanned robotic vehicle to patrol around its camps in the Horn of Africa.

  • NEW DELHI, July 27- India signed a contract on Wednesday to buy four maritime spy planes from Boeing Co for about $1 billion, defence and industry sources said, aiming to bolster the navy as it tries to check China's presence in the Indian Ocean. India has already deployed eight of the long-range P-8I aircraft to track submarine movements in the Indian Ocean and on...

  • A potential President Donald Trump would be almost as painful for Asia as for his usual whipping boy, Mexico, Nomura has warned.

  • WASHINGTON, July 14- The U.S. missile defense system to counter attacks from rogue states like North Korea has no proven capability to protect the United States and is not on a credible path to achieve that goal, a science advocacy group said on Thursday. The ground-based midcourse missile defense system, which has deployed 30 interceptors in Alaska and...

  • "This week's successful tests show the boom axial loads hardware fix, designed by Boeing engineers, is performing as expected to alleviate the loads," the Air Force said in a statement on its website. The Air Force said the KC-46A tanker refueled the F-16 on July 8. Once that test is completed, the Air Force said it would ask the Pentagon to approve contract awards for...

  • FARNBOROUGH, England, July 12- Lockheed Martin Corp on Tuesday said it expected Europe's MBDA to submit a proposal for a new $4.5 billion missile defense system to the German defense ministry fairly soon, paving the way for negotiations with the government. Rick Edwards, who heads Lockheed's missiles and fire control business, told Reuters that he expected...

  • LONDON, July 10- International demand for U.S. weapons systems is expected to continue growing in coming years, a senior U.S. Air Force official said on Sunday, citing strong interest in unmanned systems, munitions and fighter jets. U.S. arms sales approved by the Pentagon's Defense Security Cooperation Agency rose 36 percent to $46.6 billion in the fiscal year...

  • U.S. Army soldiers in Afghanistan

    A US federal agency claims the U.S. military could save up to $5.7 billion annually by replacing soldiers with civilians.

  • Defensive defense investing?

    CNBC's Jane Wells looks at how the Brexit referendum outcome has affected the defense sector.

  • Major defense and aerospace companies are warning Britain must work quickly to arrange clear trading relationships or risk losing business.