WASHINGTON — The U.S. Department of Defense agreed with Lockheed Martin Corp to build about 375 F-35 fighter jets over three years, the two parties said on Monday, amid expectations the price of the most common version of the aircraft would increase due to inflation and slower production.

“We a…

SEOUL — South Korea’s homegrown KF-21 fighter successfully carried out its first flight test Tuesday, around 6 1/2 years after its mammoth development project kicked off despite skepticism over technological obstacles, cost effectiveness and other feasibility questions.

At the Air Force’s 3rd F…

The Space Development Agency (SDA) today announced the award of two prototype agreements with a total potential value over $1.3 billion for the establishment of the Tranche 1 (T1) Tracking Layer, providing the initial missile warning/missile tracking warfighting capability of the National Defense Sp…

FARNBOROUGH, UK — Boeing and Delta Air Lines today announced the U.S. carrier will modernize its single-aisle fleet with the highly efficient 737 MAX to meet demand as well as its long-term sustainability goals.

In a signing ceremony at the Farnborough International Airshow, the companies said…

FARNBOROUGH, UK — At Farnborough International Airshow, Leonardo UK and Mitsubishi Electric have announced that they have agreed the concept for a radar tech demonstrator called JAGUAR, first unveiled in February. The move by the UK and Japan’s respective champions in combat air electronics follow…

FARNBOROUGH, England — A new supersonic aircraft tailored to provide quick-reaction capabilities to the U.S. military and allies will be offered through a collaborative agreement between Northrop Grumman Corporation and Boom Supersonic.

The agreement to together propose special mission variants…