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Driving Growth: Honeywell to Buy CAES Systems for $1.9 Billion

Admin - June 22, 2024

New Delhi: The US manufacturing giant Honeywell on June 21 said that it will buy aerospace and defence technology provider CAES Systems for $1.9 billion, as part of its focus on three broader business...

Israel to Purchase Third Squadron of F-35 Stealth Aircraft, Ministerial Committee Approves

Arie Egozi - June 3, 2024

Tel Aviv: The Israeli ministerial committee for defence procurement approved the purchase of the third squadron of F-35 (Adir) stealth aircraft. This comes after months of delay due to political issues in the Israeli...

‘Short-Term’ Delays in F-35 Deliveries Unlikely to Affect FOC Declaration: UK Ministry of Defence

Admin - April 4, 2024

London: Britain’s Ministry of Defence has confirmed that software-update problems in the F-35 program will hit aircraft deliveries, though a key official said the delay is unlikely to affect the timing for proclaiming the...

Upgraded F-35s Fly with Partial TR-3 Software

Admin - November 23, 2023

Washington: The first production F-35 Joint Strike Fighter with an early, incomplete version of the software powering a key upgrade was flown last week at Lockheed Martin’s Fort Worth, Texas facility, the company said. The...

Northrop Grumman Reports Strong Growth, Records Nearly $ 9.8 Billion in Sales for the Third Quarter of 2023

Admin - October 27, 2023

Washington: Leading American defence company, Northrop Grumman, October 26, reported sales in its most recent quarter grew 9%, buoyed by increases in all four of its sectors. The company recorded nearly $ 9.8 billion in...