Category: Defense News
Lockheed Martin Guided Multiple Launch Rocket System Soars In Flight Test
Dallas, Texas March 4, 2021 – Lockheed Martin (NYSE: LMT) successfully tested its next-generation Extended-Range Guided Multiple Launch Rocket System (ER GMLRS) munition in an 80-kilometer flight demonstration at White Sands Missile Range, New Mexico. During the flight test,…
Airbus Wins First Syracuse IV Ground Segment Program Contract
Paris, France 4 March 2020 – Within the Syracuse IV programme, Airbus (Paris: AIR.PA) has been awarded a 10-year framework agreement called Copernicus for the construction and upgrading of part of the ground segment for the…
Boeing Loyal Wingman Uncrewed Aircraft Completes First Flight
AUSTRALIA, March 1, 2021 – Boeing [NYSE: BA] Australia and the Royal Australian Air Force (RAAF) have successfully completed the first test flight of the Loyal Wingman uncrewed aircraft. The flight of the first military aircraft…
Rolls-Royce Secures UK Funding for Innovative Naval Autonomy Technology
Rolls-Royce (London: RR.L) has been awarded funding by the UK Ministry of Defence (MOD) to further develop and demonstrate the Artificial Chief Engineer® technology - an autonomous machinery control system which allows Naval vessels to undertake…
Boeing Begins T-7A Red Hawk Advanced Trainer Production
ST. LOUIS, Feb. 23, 2021 — A new era in aircraft design and build has begun as the first U.S. portion of the T-7A Red Hawk advanced trainer has officially entered the Boeing [NYSE: BA] jet’s…
Embraer Cheers Brazilian Government Decision to Review Aeronautic Sector Subsidies
São Paulo, Brazil, February 18, 2021 – Embraer (NYSE: ERJ) welcomes the Brazilian Government’s decisions to withdraw its ongoing World Trade Organization (WTO) dispute with Canada regarding aeronautical subsidies and to launch negotiations on more…
Airbus Reports Full-Year 2020 Financial Results
566 commercial aircraft delivered in adverse market environment Financials reflect the early business adaptation and cash containment planFY revenues € 49.9 billion; FY EBIT Adjusted € 1.7 billionFY EBIT (reported) € -0.5 billion; FY loss per…
Airbus Envisions New Digital Factory Above Earth
- Story by Airbus Being able to manufacture and assemble objects in space using 3D printing and in-orbit robots may sound like pure science fiction – but these game-changing techniques are set to become reality…and…
U.S. Marine Corps Awards BAE Systems $184 Million for Additional ACV’s
BAE Systems (OTC: BAESY) has received a $184 million contract option from the U.S. Marine Corps for more Amphibious Combat Vehicles (ACV) under full-rate production. The order demonstrates the Marine Corps’ confidence in a program…









