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US Army Invests $4.6Bn in OMFV, Will Begin Fielding in FY2028

US Army Invests $4.6Bn in OMFV, Will Begin Fielding in FY2028

FORT MEADE, Md. — The Army’s G-8 discussed a new strategy for the Optionally Manned Fighting Vehicle, following lessons learned after its first request for prototypes was canceled earlier this year.

The OMFV, which will replace the Bradley Fighting Vehicle, remains on track to be fielded to bot…

Lockheed to Develop SEAD Retrofit for F-35A

Lockheed to Develop SEAD Retrofit for F-35A

Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is awarded a $26,784,000 undefinitized contract modification (P00015) to previously awarded cost-plus-incentive-fee contract N00019-19-C-0010.

This modification supports non-recurring engineering efforts to develop and ce…

Bombardier Closes $550M Sale of the CRJ Program to Mitsubishi

Bombardier Closes $550M Sale of the CRJ Program to Mitsubishi

MONTREAL — Bombardier confirmed today the closing of the previously announced sale of the CRJ Series aircraft program to Mitsubishi Heavy Industries, Ltd (MHI) for a cash consideration of approximately $550 million, subject to post-closing adjustments and the assumption of liabilities by MHI relat…

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