Lockheed Martin

European consortium offers Canada a deal on warships

Ottawa - Muslimchronicle

A consortium of French and Italian shipbuilders, backed by their respective governments, on Friday offered to build 15 warships for Canada, reportedly at half the price it has budgeted to renew its naval fleet. Naval Group and Fincatieri proposed building the new ships based on their Fremm frigate design, which is already in use by both the French and ItalianRead more

Lockheed Martin unveils reusable water

Adelaide - Muslimchronicle

A reusable, water-powered Mars lander that will allow humans to explore the Red Planet from an orbiting ‘base camp’ as early as the 2030s was unveiled Friday by US defense giant Lockheed Martin. Governments and private firms are collaborating on projects to send humans to new frontiers, with NASA planning missions next decade into the space between Earth and theRead more

Laser weapons edge toward use in US military

Washington - Arab Today

A sci-fi staple for decades, laser weapons are finally becoming reality in the US military, albeit with capabilities a little less dramatic than at the movies. Lightsabers -- the favored weapon of the Jedi in "Star Wars" films -- will remain in the fictional realm for now, but after decades of development, laser weapons are now here and are beingRead more

Dh344 million in contracts signed on final day of defence show

Dubai - Arab Today

The UAE Armed Forces awarded on Thursday Dh344 million worth of contracts on the final day of Idex, taking the overall total to more than Dh19.17 billion – more than the record set in the show’s previous editing in 2015. The eight contract awards on the fifth and final day do not include an order for about 1,765 armoured vehiclesRead more

UAE Armed Forces awards deals valued at Dh6.91 billion

Dubai - ArabToday

The UAE Armed forces awarded 10 deals worth Dh6.91 billion on day two of Idex, split evenly between local and international companies. Russia’s state-owned Rosoboronexport won the biggest deal – a Dh2.6bn contract to supply 5,000 anti-armour missiles, said Brigadier General Rashid Al Shamsi, the official spokesman for Idex. The second biggest deal of Dh1.79bn went to UAE’s Maximus AirRead more

Saab offers jet production hub to India

New Delhi - Arab Today

Swedish defense giant Saab has offered to build a state-of-the-art fighter jet factory in India should it seal a lucrative deal to supply hundreds of military jets to New Delhi. Saab and its US competitor Lockheed Martin have emerged as the front-runners to supply around 250 single-engine combat planes to India’s air force, which wants to revamp its Soviet-era militaryRead more

F-35’s ‘Grotesque Overruns’ are now past

Washington - Arab Today

Lockheed Martin Corp.’s F-35 jet "has come a long way” since "grotesque” cost overruns and schedule delays plagued the costliest U.S. weapons system, departing Defense Secretary Ash Carter said in an appraisal at odds with the view of President-elect Donald Trump. Because the $379 billion program is critical to three U.S. military services and many allied air forces, "it’s essentialRead more

Trump criticism of Lockheed Martin could save Australia 'millions'

Canberra - Xinhua

US President-elect Donald Trump's public attack on warplane manufacturer Lockheed Martin could cut millions of dollars off Australia's F-35 Joint Strike Fighter Program, a leading defense expert said on Monday. Late last year, Trump publicly tweeted that the Joint Strike Fighter program had become "very, very expensive", threatening to shut down the program if delays and costs continue to blowRead more

Trump targets Lockheed Martin’s F-35 fighter jet costs

Washington - Arab Today

US President-elect Donald Trump took aim at another major defense contractor on Monday, saying the cost of Lockheed Martin’s F-35 fighter jet program was too high. The aerospace giant’s shares dropped about 4 percent in early trading after Trump’s tweet, while shares of several other defense contractors also weakened. “The F-35 program and cost is out of control,” Trump saidRead more

Denmark plans to replace aging F-16 aircraft with F-35s

Copenhagen - Arab Today

The Danish government on Thursday recommended F-35 (Joint Strike Fighter) aircraft, built by American aerospace industry company Lockheed Martin, as the replacement for the country's aging fleet of F-16s. Danish Prime Minister Lars Loekke Rasmussen announced the choice at a joint press meeting with Defense Minister Peter Christensen, recommending Denmark place an order for 27 F-35 Lightning II fighters. "ItRead more