Shareholders of United Technologies and Raytheon have given their approval to form a merger of equals- “Raytheon Technologies.” “At their respective special meetings of shareowners held today, Raytheon and United Technologies shareowners voted overwhelmingly to approve all of the proposals necessary to complete the merger of equals transaction combining United Technologies' aerospace businesses, comprised of Collins Aerospace and Pratt & Whitney, with Raytheon,” Raytheon said in a
France expects to end dependency upon the United States for fighter jet- launched heavy bombs following the setting up of a factory to manufacture various types of bombs. The plant of a local bomb-making firm, Paris Rafaut, near Valenciennes was inaugurated earlier this week by defence minister Florence Parly
Bulgarian President Rumen Radev vetoed the $1.26 billion (2
Bulgaria has signed a $1.26 billion contract with the United States for 8 Lockheed Martin F-16 combat aircraft, delivery of which will be completed by 2023, the country's defense ministry announced Wednesday
Bulgaria is likely to halt negotiations with the US and remove Lockheed Martins F-16 Block 70 jet from the countrys fighter jet procurement plan, to sway the deal in the favour of Eurofighter Typhoon or Saabs Gripen, owing to the high price of the American jet. The Bulgarian Air Force wants to acquire 8 fighters to replace its ageing Russian Mikoyan MiG-29 fighters with a western jet
Russia must develop defense systems against hypersonic weapons before the “worlds leading countries” successfully develop the weapons, President of Russia, Vladimir Putin said Monday. "So far only Russia has hypersonic weapons
Embraer's shareholders today approved the proposed strategic partnership between Boeing and Embraer during an Extraordinary General Shareholders' Meeting held at the companys headquarters in Brazil. At the meeting, 96
In a move certain to anger the Tibetan refugee community, China has named its newest warship, a 10,000-tonne guided-missile destroyer of the PLA Navy as ‘Lhasa, after the Tibetan capital which was usurped by China in 1950. The warship was recently unveiled in Qingdao, east Chinas Shandong Province
Bell helicopters has won a $240 million modification contract from the US Navy to supply 12 AH-1Z Vipers to Bahrain under a Foreign Military Sales program. Bahrain had signed an agreement with Bell Helicopter Textron Inc in November last year to procure 12 Bell AH-1Z twin-engine attack helicopters after the US senate voted down a draft resolution to block US Arms sales to Bahrain
Switzerland will begin testing five aircraft from bidders in order to replace its aging fleet of Boeing McDonnell Douglas F/A-18C and D Hornets and Northrop F-5 Tigers by 2025. The new purchase is a part of Switzerland's Air2030 programme that includes aircraft and ground-based air defences worth up to 8 billion Swiss francs ($8