Boeing is reviewing 54 sites in 22 states to build its 777X aircraft after union chiefs balked at contract concessions and said rank-and-file members wouldn’t vote on the company’s latest terms.
American International Group said it would sell its aircraft leasing business to AerCap Holdings NV in a deal valued at about $5.4 billion, marking the insurer’s exit from its last non-core business.
Engine maker Pratt & Whitney, a unit of United Technologies Corp., said Dec. 13 that it expected to sign a partial agreement before the end of the year to fund operations and maintenance of the next batch of engines it is building for the Lockheed Martin F-35 fighter jet.
Lockheed Martin has enough orders to keep its F-16 fighter jet production line humming through the third quarter of 2017, and hopes to land additional orders that would keep the line running through 2020, company executives say.
Lockheed Martin still expects to deliver the final seven of 36 F-35 fighter jets to the U.S. government form its Fort Worth, Texas ,facility before year end, despite a five-day halt in test flights due to bad weather over the past week, the company’s F-35 program manager said Dec. 13.
Pentagon contracts rose 46 percent last month to $23 billion as the military began clearing a bottle neck caused by October’s partial U.S. government shutdown.
The biggest supplier of combat radios for Afghan security forces overcharged the U.S. Army for parts such as transceivers and battery chargers because the service didn’t challenge the pricing, according to the Pentagon’s inspector general.
The Air Force’s A-10 “Warthog,” which provides close air support for ground troops, has survived enemy anti-aircraft fire for decades but is about to be downed by the budget cutter’s pen.
The U.S. military can be a sensitive lot when it comes to the location of their military facilities. With military bases on every continent, in every corner of the world, for the kinds of tasks they perform, it’s no wonder that many of the locations are blacked out and hidden from public view.
The American Battle Monuments Commission will soon take over the responsibility of maintaining Clark Veterans Cemetery in the Philippines, said commission spokesman Tim Nosal.
China’s first moon rover has touched the lunar surface and left deep traces on its loose soil, state media reported Dec. 15, several hours after the country successfully carried out the world’s first soft landing of a space probe on the moon in nearly four decades.
Iran says it has successfully sent a monkey into space for the second time this year as part of a programme aimed at manned space flight. President Hassan Rouhani said the monkey – named Fargam, or Auspicious – returned from space in perfect health.
A three year criminal investigation into scores of allegations that British troops killed or mistreated Iraqi civilians has so far resulted in just a single fine for a British soldier. The Iraq Historic Allegations Team (IHAT) is investigating more than 140 separate cases of British abuses following the toppling of Saddam Hussein.
Once again, we are told, European defense is at the top of an EU summit agenda. The arguments are familiar – that European nations must do more to contribute to their own security and that with the United States becoming ever more concerned with the Pacific, there is a limit to the load that the American taxpayers will be willing to carry for their European partners.
Conservative ministers are pushing ahead with the full-scale replacement of Britain’s nuclear weapons, as a report reveals the extent of work under way to build a new fleet of submarines loaded with Trident missiles.
Australia’s war in Afghanistan is over, with Australian Defence Force combat troops in the air on their way home. Prime Minister Tony Abbott and Defence Minister David Johnston announced Dec .16 that the last Australian troops had left Oruzgan for good.
Germany’s new government will feature the country’s first female defense minister and the return of a respected former foreign minister, while Chancellor Angela Merkel’s influential finance chief will stay on as she starts her third term.