Lockheed Martin encountered development problems with its latest F-16 configuration, denting earnings along with issues on the C-130J Hercules.

Saab could be building as many as 20 Gripen fighters annually in about a year's time, says CEO Micael Johansson, as the aircraft-maker scales up output.

Peru has selected the Lockheed Martin F-16 Block 70 fighter over two European rivals, triggering the resignations of two cabinet officials in protest.

The U.S. Air Force is increasing spending on the Boeing VC-25B “Air Force One” aircraft to meet its delivery schedule.

The U.S. Navy is restarting Boeing P-8 Poseidon procurement after a two-year gap, seeking to order 12 more of the sub-hunting aircraft.

The U.S. Navy is growing its E-2D Advanced Hawkeye fleet largely due to the increased operational use of the platform for overland missions.

Dassault Aviation’s Vortex spaceplane demonstrator will use Arkadia Space-made thrusters for in-orbit maneuvering, the supplier said.

Germany and France are poised to decide within days the future of the Future Combat Air System program, German Defense Minister Boris Pistorius says.