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.
DUBAI (Reuters) – The head of Bell Helicopter said on Tuesday he was encouraged by foreign interest in the V-22 tilt-rotor aircraft that his company builds with Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz), but Bell may face additional layoffs if not enough orders emerge.
John Garrison, president and chief executive of Bell Helicopter, a unit of Textron Inc (TXT.N: Quote, Profile, Research, Stock Buzz), said the U.S. Marine Corps’ use of the V-22 to provide disaster relief in the Philippines illustrated the capabilities of the aircraft, which can fly as fast as a plane but land like a helicopter.
DUBAI, Nov 19 (Reuters) – The U.S. Navy remains committed to
the Lockheed Martin Corp F-35 Joint Strike Fighter (JSF)
program, but is also looking at options to buy additional Boeing
Co F/A-18 fighter jets, a senior U.S. Navy official said
Richard Gilpin, deputy assistant secretary of the Navy for
air programs, told Reuters at the Dubai Airshow that the Navy’s
current plans still called for purchases of the Boeing F/A-18
and EA-18G electronic attack planes to end in fiscal 2014.
DUBAI, Nov 18 (Reuters) – Pratt & Whitney, which builds the
engine for Lockheed Martin Corp’s F-35 fighter jet, said
it was seeing strong interest in the radar-evading warplane, but
it would likely be several years before exports to the Gulf
region were approved.
Carrol Chandler, a retired Air Force general who now serves
as vice president of business development for Pratt, said the
U.S. government would evaluate any requests from Gulf countries
to buy the F-35, and then decide on a case-by-case basis whether
to allow exports of the new fighter jet.