BAE-EADS Merger: Big Deal In Europe, Not So Much In US
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Today’s surprise announcement that UK-based arms-maker BAE and Airbus parent EADS are exploring a merger — sort of, maybe, if their respective boards approve an extremely complex deal that creates a so-called “dual-listed” entity in which each partner still issues its own separate stock — sent shockwaves throughout Europe and through the commercial aviation industry… Keep reading →
US Foreign Military Sales Top $65 Billion
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WASHINGTON: US foreign military sales are growing so fast the Pentagon can’t keep its PowerPoint slides updated — and they may well grow still more if a Defense Department policy easing exports of unmanned aircraft to 66 countries gets interagency and Congressional approval. When Defense Security Cooperation Agency staff put together a briefing for DSCA… Keep reading →
Military ‘Aggressively Working’ To Ease Drone Sales Abroad
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LAS VEGAS: As US defense spending ramps down, both the military and the aerospace industry want to sell more drones to friends and allies overseas. Right now, however, export controls and arms control treaties make that awfully hard. “The foreign sales aspect of these RPAs [remotely piloted aircraft] is potentially huge,” Maj. Gen. James Poss,… Keep reading →
Early Hill Praise For Next JSF Director As Deputy Nominated To Replace Venlet
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WASHINGTON: The Lockheed Martin Joint Strike Fighter is the biggest conventional weapons program in history and Vice Adm. David Venlet has run it to much acclaim and quite a bit of backbiting, depending on who you talk with. This afternoon the Pentagon very quietly sent out notice that Defense Secretary Leon Panetta had nominated Venlet’s… Keep reading →
Drone On A Wire: Marines ‘Land’ New RQ-21 UAV By Snagging It With Cable
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NAVAL AIR STATION PATUXENT RIVER, MARYLAND: Most drones land the same way manned airplanes do, on a runway. But what if you don’t have a runway? Well, with an unmanned aerial vehicle called the RQ-21, Marines can string up a cable and snag the drone out of the sky. The military and unmanned aerial vehicle… Keep reading →
Lockheed, Boeing Gain Despite Sequester Fears
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Even as Lockheed Martin chairman Robert Stevens warns of mass layoffs if sequestration hits, his company has been doing remarkably well this year, with revenue up 6 percent this quarter and earnings up 26 percent, according to an analysis by Motley Fool’s Rich Smith. Boeing has done even better, with 58 percent earnings growth, thanks… Keep reading →
Navy May Buy More F-35s, Not Fewer, Under F/A-XX Initiative
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PENTAGON: The Navy’s F/A-XX initiative has been depicted as an ultra-advanced “sixth generation” aircraft that the Navy would prefer to buy instead of Lockheed Martin’s F-35 Joint Strike Fighter. But Breaking Defense interviews with Navy and industry sources strongly suggest that the service has little appetite for another expensive development program and that the most… Keep reading →
Farnborough Flights Of Fancy — Day 3
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FARNBOROUGH AIR SHOW: The sun shone — sometimes. Well, once in a while. But regardless of the weather here crowds turned out to watch the planes, especially the Boeing 787 Dreamliner. Its sleek composite frame complemented the subtle bend of the wings as the plane took off and banked. The 787’s pilot was praised by… Keep reading →
Raytheon Gets $636M For Missile Defense – But Where Are The Lasers?
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“Exoatmospheric Kill Vehicle” is arguably the most awesome name on record for a Pentagon program. Technologically, the Raytheon-built EKV is pretty impressive, able to hit an incoming missile head-on at over 15,000 miles per hour. Some background: The Exoatmospheric Kill Vehicle is the business end of the missile defense system now based in Alaska and… Keep reading →
V-22s Cleared For Okinawa And Heads To UK Air Shows
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The Pentagon and the Japanese government announced early Friday that a dozen Marine Corps MV-22 Ospreys are being shipped to Japan for deployment on Okinawa but the planes won’t fly until investigations into two recent crashes of the tiltrotor troop transport are complete. The announcement – issued the same day four MV-22s were scheduled to… Keep reading →