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In testimony to parliament on the F-35, for which Australia is one of the largest international buyers with plans for up to 100, Australia's air force chief Air Marshal Geoff Brown said rivals were years behind the Lightning II's development.
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WASHINGTON, April 19- The United States is finalizing a complex $10 billion arms deal that would strengthen two key Arab allies while maintaining Israel's military edge, defense officials said on Friday ahead of a trip to the Middle East by Defense Secretary Chuck Hagel.
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Warnings of massive job layoffs and another recession were all the talk when sequestration began in March. But so far the impact of government cutbacks seems a lot less than was predicted.
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*Missile defense system to be deployed in Guam- Pentagon. PAJU, South Korea, April 3- North Korea closed access to a joint factory zone with South Korea on Wednesday, officials said, putting at risk $2 billion a year in trade that is vital for an impoverished state with a huge army, nuclear ambitions and a hungry population.
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WASHINGTON, April 3- The Pentagon said on Wednesday it was sending an advanced ballistic missile defense system to Guam in the coming weeks, as U.S.
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WASHINGTON, April 3- The Pentagon said on Wednesday it was sending an advanced ballistic missile defense system to Guam in the coming weeks, describing the move as a precaution against North Korea's regional ballistic missile threat.
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*Naval planner says suitable system to cost $700 million. ASHDOD, Israel, April 1- Israel's huge new offshore gas resource offers its enemies an obvious target and gives its navy, long overshadowed by other branches of the Israeli armed forces, a big job that will require extra spending.
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*Sierra Nevada, Embraer building 20 planes for Afghanistan. WASHINGTON, March 21- Beechcraft Corp said on Thursday it was suing the U.S. Air Force to halt work on a contested aircraft contract won by Brazilian planemaker Embraer and its U.S. partner while federal auditors review Beechcraft's protest against the contract.
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WASHINGTON, March 21- Beechcraft Corp said on Thursday it was suing the U.S. Air Force to halt work on a contested aircraft contract won by Brazilian planemaker Embraer and its U.S. partner while federal auditors review Beechcraft's protest against the contract.
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WASHINGTON, March 15- The U.S. Air Force on Friday authorized U.S.-based Sierra Nevada Corp and Brazilian planemaker Embraer SA to resume work on a $428 million order building 20 light attack planes for Afghanistan, despite a protest filed by the losing bidder.
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SINGAPORE, March 14- Singapore is in the "final stages of evaluating" the F-35 Joint Strike Fighter to upgrade its air force, a process U.S. sources say should turn quickly into orders for more than a dozen of the stealthy warplanes that have been beset with cost overruns and delivery delays.
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SINGAPORE, March 14- Singapore is in the "final stages of evaluating" the F-35 to upgrade its air force, a process U.S. sources say should turn quickly into orders for several dozen of the stealthy warplanes that have been beset by cost overruns and delivery delays.
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WASHINGTON, March 12- The Air Force general who heads the $396 billion F-35 Joint Strike Fighter program said he planned to restructure the Pentagon's F-35 office as part of an overall drive to reduce costs of the costliest U.S. weapons program.
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WASHINGTON, March 12- The U.S. Navy's top officer on Tuesday said it would harm the overall F-35 Joint Strike Fighter program if the Navy completely scrapped its plans to buy 260 C-model planes that can land on carriers, but did not rule out a possible reduction in orders.
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WASHINGTON, March 11- The U.S. Air Force on Monday defended a decision to award a contract for 20 light attack planes for Afghanistan to U.S.-based Sierra Nevada Corp and its Brazilian partner Embraer SA after scrapping an earlier contract to the companies.
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WASHINGTON, March 9- Retrofits of F-35 fighter planes to fix problems found in flight testing will likely top $1.7 billion, a U.S. government watchdog said in the draft of a new report about the Pentagon's Joint Strike Fighter program. The F-35 is an advanced "fifth generation" fighter meant to serve the U.S. Air Force, Navy and Marines for decades to come.
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March 8- Beechcraft Corp said on Friday it will formally protest the U.S. Air Force's decision to award a $428 million contract for light attack planes for the Afghan military to Brazil's Embraer SA.
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Of the Dow 30 companies, only Boeing and United Technologies are strongly in defense, but they're hardly pure plays, reports CNBC's Jane Wells.
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*Brazil to spend $3.95 billion to build French submarines. BRASILIA, March 1- Brazil advanced on Friday toward its target of joining the small club of nations that have nuclear-powered submarines with the opening of a naval shipyard installation that will build French-designed submarines.
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BRASILIA, March 1- Brazil took a major step on Friday toward joining the small club of nations that have nuclear-powered submarines with the opening of a naval shipyard installation that will build French-designed submarines.
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NEWPORT NEWS, Va., Feb 26- President Barack Obama took his case for softening the effect of deep budget cuts to a shipyard town dependent on defense contracting on Tuesday, but there was little sign he will be able to halt automatic cuts from starting this week.