Defense Business

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Israel’s Ministry of Defense (IMOD) decided to cancel the planned procurement of six Bell/Boeing V-22 tilt rotor aircraft. Available funding will be allocated to the procurement of a second batch of F-35s fifth generation stealth fighters. The cancellation represented another abrupt change in Israel's procurement plans, after the IMOD withdrew an international tended for four Offshore Patrol Boats weeks after distributing the $500 million tender to international shipbuilders.

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The Israel Ministry of Defense has called off an international tender for the supply of four Offshore patrol Vessels for the Israel Navy after Germany said it will reconsider sharing the construction costs if the contract is handed to a German shipyard

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Airbus Defense & Space and DCNS will jointly develop a shipborne unmanned helicopter to be seamlessly integrated into the ship’s combat system, extending the vessel's 'eyes and ears' into the sky.

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The U.S. Department of Defense and Lockheed Martin have reached an agreement in principle for the production of 43 F-35 Lightning II joint strike fighter (JSF) aircraft. The buy includes 19 F-35As for the Air Force, six F-35Bs for the Marines and four F-35Cs for the Navy. Additional aircraft included are 10 F-35As for Israel (2), Japan (4), Norway (2)and Italy (2) as well as four F-35Bs for the UK.

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The Saab group has signed today a contract with the Brazilian Federal Government covering the development and production of 36 Gripen NG fighter aircraft for the Brazilian Air Force. The total order value is approximately $5.4 billion (SEK 39.3 billion).

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Oshkosh Corp. announced today it will lay off 250-300 hourly workers and about 70 salaried employees in December 2014 as part of its continued scaling back as a result of decreased military truck orders.

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The Raytheon Company has received a contract award from Israel's Rafael Advanced Defense Systems Ltd. valued at $149.3 million, to provide components for the Tamir interceptor used in the defensive Iron Dome Weapon System. The amount represents about two thirds of the special funding of $225 allocated by the US administration to replenish Israel's arsenal of Iron Dome interceptors, following Operation "Protective Edge" where Iron Dome systems intercepted over 735 rockets fired at Israel.

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Brazilian aerospace company Embraer announced today it will coordinate all development and production activities in Brazil on behalf of Saab and, in addition to its own extensive work packages, will participate in systems development, integration, flight tests, final assembly and deliveries. 

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The three leading industry partners in the F-35 industry team have signed an agreement with the DOD to bring down the procurement cost of the F-35 Joint Strike Fighter (JSF) to the equivalent of today's 4th generation fighters by the turn of the decade

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The first two Lavi advanced trainer M-346 produced for the Israeli Air Force (IAF) by the Italian company Alenia Aermacchi have been delivered yesterday to the Hatzerim Israeli Air Force Base in the Negev Desert.