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Lockheed Wins $340M for US Army Mid-Range Missile Program

Lockheed Wins $340M for US Army Mid-Range Missile Program

Lockheed Martin Corp., Baltimore, Maryland, was awarded an Other Transaction Authority agreement with a ceiling of $339,318,582 for the Mid-Range Capability.

Work will be performed in Baltimore, Maryland; Akron, Ohio; Clearwater, Florida; Moorestown, New Jersey; Owego, New York; Syracuse, New Yo…

General Dynamics Wins C$182M to Support Canadian Frigates

General Dynamics Wins C$182M to Support Canadian Frigates

GATINEAU, Quebec — Following an open and competitive process, Anita Anand, Minister of Public Services and Procurement, and the Harjit S. Sajjan, Minister of National Defence, announced that the Government of Canada has awarded a contract to General Dynamics Mission Systems–Canada, from Ottawa, On…
Fitch Downgrades Airbus to BBB+ with Outlook Negative

Fitch Downgrades Airbus to BBB+ with Outlook Negative

WARSAW – — Fitch Ratings has downgraded Airbus SE’s Long-Term Issuer Default Rating (IDR) to ‘BBB+’ from ‘A-‘/ The Outlook is Negative. Fitch has also downgraded Airbus’s and Airbus Group Finance BV’s senior unsecured debt to ‘BBB+’ from ‘A-‘. Airbus’s Short-Term IDR has been affirmed at ‘F1’.

T…

USAF Receives First Two HH-60W Combat SAR Helicopters

USAF Receives First Two HH-60W Combat SAR Helicopters

MOODY AFB, Ga. — The 23rd Wing and 347th Rescue Group leadership received the Air Force’s first two HH-60W Jolly Green II helicopters at Moody Air Force Base, Nov. 5.

Aircrew from the 41st Rescue Squadron out of Moody AFB and the 413th Flight Test Squadron and 88th Test and Evaluation Squadron,…

S. Korean Army Obtains New Surion MedEvac Helicopters

S. Korean Army Obtains New Surion MedEvac Helicopters

The [South Korean] arms procurement agency said Monday it completed the delivery of new medical helicopters to the Army last week to improve the military’s capabilities to carry out evacuations of troops and citizens in emergency situations.

The chopper was developed from 2014 to 2016 by adding e…


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