January 05, 2012 Military Aviation News
01/05/2012
Lockheed Martin's Skunk Works division has revealed a conceptual next-generation fighter design that offers the first hints of an ambitious, long-term technology strategy for the new class of tactical aircraft that will emerge after 2030. The concept - published in a 2012 calendar distributed to journalists - indicates the company will continue to seek new breakthroughs in performance despite the risk-averse culture of today's weapons buyers in the US military.
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01/05/2012
Bulgaria will not purchase new military aircraft in times of crisis and unless the problems in the education and culture sectors are solved. The statement was made Wednesday by Bulgaria's Prime Minister, Boyko Borisov. Speaking in the Black Sea city of Burgas, where he inspected and officially opened the renovated building of the city's theater, Borisov said there are a number of theater buildings in the country, which have not been repaired in the last 60 years.
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01/05/2012
The U.S., Air Force has stopped work on the recently awarded Embraer S.A. contract that could be eventually worth up to nearly $1 billion to build aircraft in Jacksonville because of a legal action requested by former contract competitor Hawker Beechcraft.
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01/05/2012
India has missed the aviation bus by refusing to invest in research and development. That the decks have been cleared for the Indian air force’s deal for trainer jets is good news in the ‘short term’. But strategically speaking, this is bad news for the country. Why? Because no nation can dream of being a superpower by depending wholly on imported military hardware. Such dependence gives leverage to foreign arms producers that can armtwist consumers like India during a crisis.
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01/05/2012
As U.S. defense officials start getting used to the idea of dramatic cuts to military spending, major contractors like Boeing (NYSE:BA) and Lockheed Martin (NYSE:LMT) are bracing for mandatory reductions of $600 billion in defense and national security budgets.
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01/05/2012
A recent offer by the Seychelles to refuel and replenish Chinese naval ships on anti-piracy patrols in the northwest Indian Ocean was seen as the latest sign of China's expanding naval power. But it obscured an even more significant development: U.S. deployment of a mini-air force of long-range, remotely-piloted aircraft from a network of airfields in the Seychelles, the Horn of Africa and the Arabian Peninsula to track and if necessary attack suspected terrorists on land and pirates at sea.
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01/05/2012
Defense Secretary Leon E. Panetta has concluded that the Army has to shrink even below current targets, dropping to 490,000 soldiers over the next decade, but that the United States should not cut any of its 11 aircraft carriers, according to Pentagon officials and military analysts briefed on the secretary’s budget proposals.
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01/05/2012
The LONGBOW Limited Liability Company, a joint venture of Lockheed Martin [NYSE: LMT] and Northrop Grumman Corporation [NYSE: NOC], received a $181 million contract from the U.S. Army for AH-64D Apache Block III LONGBOW systems. The contract includes the first international purchase of the Block III LONGBOW Fire Control Radar (FCR) by Taiwan, which will receive 15 Block III LONGBOW FCR systems.
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