The governments of Greece and the United States have signed a Letter of Offer and Acceptance for the sale of additional Lockheed Martin [LMT] precision-strike laser-guided Hellfire II missiles to Greece. The agreement, announced by Lockheed Martin Oct. 2, authorizes the sale of multiple warhead ...

Adding a datalink to the Air Force's current fleet of HH-60G Pave Hawk combat-search and-rescue (CSAR) helicopters remains critical so that the aircrews and pararescue personnel can receive in-flight threat updates and readily transition between missions in the air, the commander of one Air Force ...

The Air Force is committed to ensuring that none of the three of the industry teams vying to supply its next-generation rescue helicopter will view itself at a competitive disadvantage as the contest moves ahead, the service's top acquisition official said recently. "We want to make sure that ...

BAE SYSTEMS recently unveiled a new internally funded effort to develop a defensive weapon that will provide 360 degrees of suppressive fire for the V-22 Osprey. The Remote Guardian System (RGS) is designed to be belly mounted on the Bell Helicopter Textron [TXT]- Boeing [BA] V-22. RGS is a ...

The Latest Word On Trends And Developements In Aerospace And Defense Sticker Price. The Cost Analysis Improvement Group (CAIG) last week reported out an initial estimate of $7.2 billion for the first two Zumwalt-class destroyers, DDG-1000 and 1001, a source tells Defense Daily. The estimate is ...

By Michael SirakFT. WALTON BEACH, Fla.--A small-sized, air-delivered precision munition weighing only about 30 pounds that could be carried by many classes of manned and unmanned aircraft is of great interest to U.S. Special Operations Command (SOCOM), the colonel overseeing the command's ...

By Jen DiMascio Presidential candidate Rudy Giuliani (R) last week beefed up his team of experts with the addition of retired Adm. Robert Natter as his senior military adviser. Giuliani has amassed a long list of homeland security advisers, but compared with other candidates, lacked "oomph" in the ...

By B.C. KessnerTEL AVIV, Israel--Israel will become the first nation in the world to try to safeguard its commercial airline fleet against missile attacks after the Security Cabinet met here this week to discuss aviation security and decided to invest in Elbit Systems' [ESLT] MUlti-Spectral ...

By Geoff FeinMOORESTOWN, N.J.--Lockheed Martin [LMT] last week reached a significant milestone in its Littoral Combat Ship program (LCS) when it successfully integrated the LCS mine warfare (MIW) package software with the company's combat system, COMBATSS-21. The test and validation is further ...

Space Agencies Worldwide See Budgets Up, Except In Japan The worldwide space industry saw blistering 18 percent growth to a total $220 billion revenues last year, compared to 2005, the Space Foundation disclosed in releasing its Space Report 2007. "Space businesses are on the rise around the globe, ...