WASHINGTON (Reuters) – Command Technology Inc, a privately held firm that developed electronic maintenance manuals for Lockheed Martin Corp’s F-16 fighter jet, has won a $24.8 million judgment against the Pentagon’s biggest supplier after a jury found Lockheed guilty of unfairly competing with the smaller firm.
Command Technology, which is based in Groton, Connecticut, makes similar software for many other U.S. weapons systems, but sued Lockheed after being shut out of the work on the 4,500 F-16 fighter jets that have been sold to the U.S. military and two dozen other countries around the world.
DUBAI, Nov 25 (Reuters) – The U.S. military has transferred
the first of four U.S.-built fast patrol boats to Egypt, but
said the move did not signal a change in Washington’s decision
to withhold most military aid due to concerns about democracy
and human rights.
“This is not a shift in our posture with regard to foreign
military assistance,” said Pentagon spokesman Navy Commander
Bill Speaks, adding that Washington continued to review the
overall level of aid to Egypt.
WASHINGTON (Reuters) – The U.S. Defense Department has approved a deal under which Britain’s BAE Systems Plc would upgrade 134 older F-16 fighter jets for South Korea, the Defense Security Cooperation Agency (DSCA) notified Congress on Monday.
U.S. lawmakers have 30 days to block the sale, but such action is rare.
The work would be done by a U.S. unit of BAE Systems, which is one of the Pentagon’s largest defense contractors. DSCA is the arm of the Pentagon that oversees foreign military sales.
DUBAI (Reuters) – Privately-held drone maker General Atomics Aeronautical Systems Inc may have to lay off about one quarter of its production staff if it does not receive further U.S. or foreign orders, a senior company executive said this week.
Frank Pace, president of the company’s aircraft systems group, said the Pentagon’s current plan to halve its purchases of Predator B drones to around 24 a year, coupled with continued restrictions on foreign sales, were putting pressure on the San Diego-based company, a unit of General Atomics.
DUBAI, Nov 22 (Reuters) – Lockheed Martin Corp on
Friday welcomed South Korea’s plans to buy 40 F-35 fighter jets
and said it still aimed to build a military communications
satellite for Seoul and provide other technology transfers,
despite a cut in the number of jets to be ordered.
“We remain committed to our offset projects and I am
confident we can put together an agreement with the Korean
authorities that preserves the existing projects,” said Randy
Howard, who headed Lockheed’s South Korea F-35 campaign.
DUBAI (Reuters) – Gulf buyers are nearing decisions to buy more current generation fighter jets, but the buzz at the Dubai Airshow was about Lockheed Martin Corp’s (LMT.N: Quote, Profile, Research, Stock Buzz) radar-evading F-35 fighter – a plane not yet operational and not even on display there.
The U.S. government sent a big delegation to this year’s show, eager to reassure Gulf leaders about their continued commitment to the region despite policy differences over Syria and Iran and signs that Egypt is looking at buying Russian weapons after a slowdown in U.S. military aid.
DUBAI, Nov 21 (Reuters) – If Turkey buys a missile defense
system from China, it would not be able to integrate it with
NATO or U.S. systems and would miss out on decades of training,
support and upgrades that come with U.S. systems, a top U.S.
official said at the Dubai Airshow.
Heidi Grant, Air Force deputy undersecretary for
international affairs, said Turkey was a sovereign country and
had the right to spend its funds on whatever it liked.
DUBAI, Nov 20 (Reuters) – Tighter military budgets in the
United States and around the world have put a huge focus on
coalitions and burden-sharing in forming responses to future
conflicts and disasters, senior U.S. officials said at the Dubai
Heidi Grant, Air Force deputy undersecretary for
international affairs, said the need to work together more
closely on everything from aerial refueling to intelligence
gathering was a recurrent theme during her meetings with over
half of the 30 air chiefs who attended the show.
DUBAI (Reuters) – Lockheed Martin Corp (LMT.N: Quote, Profile, Research, Stock Buzz) expects news about a multibillion dollar program to modernize the Saudi Arabian Navy in the next several months, senior company executives told Reuters at the Dubai Airshow on Wednesday after meetings with Saudi officials.
“We’re hopeful in the next several months that some clarity will present itself on how they want to go forward on what hull, what design, and what mission equipment,” said Patrick Dewar, executive vice president of Lockheed Martin International.
DUBAI (Reuters) – U.S. arms maker Raytheon Co (RTN.N: Quote, Profile, Research, Stock Buzz) said on Tuesday it hoped to finalize the sale of its Patriot air and missile defense system to Qatar “fairly quickly,” and wrap up the sale of additional Patriot fire units to Kuwait before the end of the year.
Tim Glaeser, vice president of Raytheon’s Integrated Defense Systems business, told Reuters at the Dubai Airshow that demand for the company’s Patriot and other missile defense equipment remained strong in the Gulf region.