Military Technology

1-17 of 33 results

New defense bill cuts waste, but not enough: Obama

Reuters US Online Report Top News 23 days ago

WASHINGTON (Reuters) - President Barack Obama will say on Wednesday there is still too much waste in U.S. defense spending, despite a number of costly projects being terminated in the 2010 defense authorization bill. The bill authorizes Pentagon operations, and Obama's administration ...

Piracy

AP News 28 days ago

In this March 13, 2007 file photo released by the Department of Defense, An MQ-9 Reaper unmanned aerial vehicle from the 42nd Attack Squadron taxis into Creech Air Force Base, Nev.. U.S. military surveillance drones based in the Seychelles islands are patrolling ...

Northrop Grumman posts 3Q dip but lifts outlook

AP News 30 days ago

Northrop Grumman 3rd-quarter profit slips as pension costs grow, but co. lifts 2009 outlook Northrop Grumman Corp. said Wednesday earnings for the third quarter were hurt by higher pension costs, but solid revenue and a tax break pushed results well past analyst ...

Lockheed's 3Q profit rises; outlook weak in 2010

AP News 31 days ago

Lockheed Martin 3rd-quarter profit rises on aircraft sales; issues weak 2010 outlook Lockheed Martin Corp. said Tuesday its third-quarter earnings rose amid a flurry of sales of military aircraft, including the C-130J transport plane and Joint Strike Fighter, and delivery of one ...

US senators push compromise on Pentagon budget

AFP American Edition 43 days ago

A pair of top US senators introduced compromise legislation for next year's Pentagon budget on Wednesday, largely in line with White House recommendations, such as culling costly new F-22 Raptors. Democrat Carl Levin, chairman of the Senate Armed Services Committee, and the ...

Russian firm is confident to win Brazil jet deal

AFP Global Edition 49 days ago

Russia's state arms export firm voiced optimism on Friday about winning a multi-billion-dollar Brazilian fighter jet tender despite rival bids from French, US and Swedish aerospace companies. The strength of the Russian offer is that it would allow Su-35 fighter jets to ...

Sweden sweetens bid for Brazil fighter jet deal

AFP Global Edition 64 days ago

Sweden has sweetened its bid for a lucrative contract to sell 36 fighter jets to Brazil, promising that 40 percent of the supersonic Gripen aircraft would be built in Brazil, officials said Thursday. The offer came on top of a promise that ...

Brazil won't buy off-the-shelf arms like Venezuela: minister

AFP Global Edition 65 days ago

Brazil is looking to boost its technical capacity with its military purchases and is not "a Venezuela, buying in the world's arms supermarket," Defense Minister Nelson Jobim said Wednesday. "We're not on a shopping spree. We're on a spree to boost national ...

Senate panel seeks end to F-22 export ban

Reuters US Online Report Politics News 71 days ago

WASHINGTON (Reuters) - A Senate panel urged the Air Force on Thursday to start developing an export model of its F-22 Raptor, the most advanced U.S. fighter jet, even as it voted to end U.S. purchases. Japan, Israel and Australia have shown ...

Arms dealer charged in smuggling pleads not guilty

AP News 71 days ago

Belgian arms dealer charged with smuggling fighter jet parts to Iran pleads not guilty in Ala. A Belgian arms dealer has pleaded not guilty in an Alabama courtroom to charges of trying to smuggle fighter jet parts to Iran. Jacques Monsieur entered ...

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