FARNBOROUGH AIR SHOW: A new study by the consulting company PwC’s aerospace and defense division concludes that U.S. and European primes must look abroad for the mainstay of their profits. As PwC’s Scott Thompson says in this exclusive interview, industry leaders also beleive controlling costs and improving their own management will be key to surviving… Keep reading →

The X3 hybrid helicopter, one of the highlights of the Paris Air Show last year, is in the midst of a month-long tour of the United States. Robbin Laird, defense consultant and owner of the Second Line of Defense website, saw the aircraft do its thing in Texas and he offers this appraisal of the… Keep reading →

On the eve of the international Farnborough Airshow, a prominent aerospace and defense analyst says there is a wave of investment ready to pour into the defense sector – but investors are “paralyzed” by the unresolved threat of sequestration. “A lot of people in the industry and a lot of investment capital outside the industry… Keep reading →

The ebb and flood of transatlantic defense relations has long been in evidence at the Farnborough air show, at the political and industrial level both. A question on the minds of many of the more than 100,000 daily attendees will be just how low the spending tide could eventually drop, as Washington’s interest is now… Keep reading →

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 →

This year’s Farnborough Airshow is bookmarked by the Euro crisis, and the fates of the Chinese and American economies. On the defense side, there is the end of a land war era for the U.S. and significant uncertainty about how global events will change how countries seek to arm and defend themselves in the years… Keep reading →

WASHINGTON: When Bob Stevens, CEO of Lockheed Martin, delivered his now annual speech before the Farnborough or Paris air show, he didn’t talk much about international sales or the Joint Strike Fighter or the military threats America faces. Instead, Stevens talked mostly about the mandatory budget cuts known as sequestration and the “fog of uncertainty”… Keep reading →

PENTAGON: The world’s top buyer of military equipment won’t be there, but the Pentagon is sending a senior acquisition official from the Office of Secretary of Defense to the Farnborough Air Show in July. Frank Kendall, undersecretary of defense for acquisition, technology and logistics won’t be there. And the head of the F-35 program, the… Keep reading →