South Korea and the U.S. government have completed negotiations on South Korea’s order for 40 Lockheed Martin F-35A Joint Strike Fighters, according to the South Korean government. The negotiations covered price, offsets and technical details, and opened the way for South Korea to sign a letter of offer and acceptance for the new aircraft. Deliveries are expected between 2018 and 2021.
For private equity-held defense contractors acquired during the height of military spending, current industry strategies are starting to diverge from the traditional investor thinking.
South Africans could see a boost to opportunities to sell to the UK defence industry – and UK small and medium size businesses are also being encouraged to look to Africa, according to the regional director of the UK's Trade & Investment department, (UKTI)
Lockheed Martin is confident that its relaunched LM100J will see further sales in Africa following a successful relaunch of the civil variant of the popular Super Hercules military transporter.
A NIGERIAN Air Force (NAF) Alpha Jet, serial number NAF-466, went missing on September 12 in the far northeast of the country. It was not until two days later on September 14 that the NAF revealed the aircraft had disappeared. There has been no word on the possible fate of the aircraft and its two-man crew.
Airbus Defence and Space is to sell off a number of its business divisions in order to focus on Space (launchers & satellites), military aircraft, missiles and the related systems and services.
The United States Transportation Command (USTRANSCOM) has contracted AAR to set up a dedicated rotary-wing operation to provide airlift for its Africa Command across four central African countries beginning next month.
