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French Defense 2021 Budget Up 4.5% to €39.2 Billion

French Defense 2021 Budget Up 4.5% to €39.2 Billion

On December 17, the National Assembly adopted the 2021 budget. The share allocated to the Ministry of the Armed Forces increased by 1.7 billion euros compared to the budget voted last year, an increase of 4.5%, in accordance with the trajectory provided for by the Military Programming Law (LPM) 2019…
USAF Opened Criminal Probe After F-35 Grounding

USAF Opened Criminal Probe After F-35 Grounding

Air Force and Pentagon investigators opened a criminal probe of Lockheed Martin Corp. in 2016 over faulty coolant line tubing inside F-35 jets after 57 were either temporarily grounded or required production line fixes, according to officials confirming the previously undisclosed inquiry.

The U.S…

India’s DAC Approves $3.6Bn for Airbus A320 AEW, Next-Gen OPV

India’s DAC Approves $3.6Bn for Airbus A320 AEW, Next-Gen OPV

The Defence Acquisition Council (DAC) in its meeting, today held under the Chairmanship of Raksha Mantri Shri Rajnath Singh approved Capital Acquisition proposals of various Weapons / Platforms / Equipment / Systems required by the Indian Army, the Indian Navy and the Indian Air Force at an approxim…
Lockheed to Acquire Aerojet Rocketdyne in $4.6Bn Deal

Lockheed to Acquire Aerojet Rocketdyne in $4.6Bn Deal

BETHESDA, Md. — Lockheed Martin Corporation today announced it has entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. for $56 per share in cash, which is expected to be reduced to $51 per share after the payment of a pre-closing special dividend. This represents a pos…
Netherlands to Upgrade Four Holland-Class OPVs

Netherlands to Upgrade Four Holland-Class OPVs

The four patrol ships of the Royal Netherlands Navy require a so-called midlife update (MLU). Only with a modernization will the ships remain usable until they reach the end of their service life in 15 to 20 years.

State Secretary Barbara Visser informed the House today by letter about the proje…

Boeing Loyal Wingman Drone Prepares for Flight Tests

Boeing Loyal Wingman Drone Prepares for Flight Tests

AUSTRALIA — Boeing Australia and the Royal Australian Air Force (RAAF) have completed the first high-speed taxi test of the Loyal Wingman in preparation for first flight.

Boeing test personnel monitored the aircraft’s performance and instrumentation from a ground control station to verify the f…


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