The Italian government is exercising its “Golden Power” to thwart the deal, citing the unit’s continued support for the multi-nation Eurofighter program.
RTX leaders sought to snuff out financial concerns over its ongoing GTF engine problems Oct. 23 as they unveiled relatively expected financial results.
Lockheed Martin’s aeronautics division took a sales hit in the third quarter of fiscal 2023 as continued F-35 delivery delays ate into the bottom line.
With Ukrainian and U.S. munitions stockpiles in urgent need of replenishment, a new conflict in Israel could further stretch global supply chains for weapons.
The award is a big step for the RDE community, providing a platform to move forward the nascent technology that potentially offers a leap in fuel efficiency.
U.S. and European defense suppliers are supporting the development of Poland’s air defense system and the development of future missiles to support it.
Lockheed has further delayed delivery of the first F-35 upgraded with new avionics, to the second quarter of 2024, adding to a backlog of deferred shipments.