September 12, 2023 | International, Aerospace
AerCap Holdings NV said on Monday a unit of General Electric Co will sell a stake worth about $2.44 billion in the aircraft leasing giant through an underwritten public offering.
https://www.reuters.com/markets/deals/ge-sell-stake-aircraft-leasing-provider-aercap-2023-09-11/
July 3, 2024 | International, Security
Discover the 'Supposed Grasshopper' cyberattack campaign targeting Israeli entities using open-source frameworks and custom WordPress sites as deliver
September 18, 2020 | International, Aerospace, Land
SYDNEY J. FREEDBERG JR. How do you keep a laser focused on a target moving at hundreds of miles per hour? The answer is crucial to Lockheed lasers being fitted on Army trucks and Air Force fighters over the next few years. WASHINGTON: “Lockheed Martin is working to fly a laser on tactical fighters within the next five years,” Lockheed laser expert Mark Stephen told reporters yesterday afternoon. “We're spending a lot of time to get the beam director right.” That beam director, which keeps the laser beam on target, is a crucial but easily overlooked component of future laser weapons. The Air Force Research Lab's SHiELD program aims to put defensive laser pod on fighters to defend them against incoming anti-aircraft missiles. An offensive laser to shoot down enemy aircraft would have to hit harder and at longer distances, so it's a more distant goal: Such weapons are envisioned for a future “sixth generation” fighter — like the NGAD prototype now in flight test — to follow the 5th-gen F-35, while the SHiELD pod will go on non-stealthy 4th gen aircraft like the F-16, as in this Lockheed video. But the company's new beam-director design is actually getting its first workout on an Army system, the truck-mounted IFPC Energy Laser, which will defend against artillery rockets, drones, and, potentially, subsonic cruise missiles. https://breakingdefense.com/2020/09/lockheed-aims-for-laser-on-fighter-by-2025/
August 14, 2019 | International, Aerospace
Pat Host, Washington, DC Key Points The F-35 programme's test fleet has a fully mission-capable rating that is roughly 10% of its goal This could make it difficult for the Pentagon to make an educated decision on whether to enter full-rate production The Pentagon's Lockheed Martin F-35 Lightning II Joint Strike Fighter (JSF) test fleet has a fully mission-capable rate of 8.7% compared with an 80% goal, causing one watchdog to question whether the programme can accomplish all of its initial operational test and evaluation (IOT&E) test points before the phase ends. Dan Grazier, military fellow with the Project on Government Oversight (POGO) watchdog group in Washington, DC, said the Pentagon plans to make its full-rate production (FRP) decision by the rapidly approaching end of fiscal year 2019 (FY 2019) or early FY 2020. The fiscal year changes on 1 October. If the F-35 programme cannot accomplish all its IOT&E test points by this deadline, Grazier said the Pentagon cannot make an informed decision on FRP. The FY 2016 Director of Operational Test and Evaluation (DOT&E) report called for an 80% availability rate to conduct an efficient IOT&E and support sustained combat operations. According to an F-35 programme briefing slide provided by POGO and dated 19 July 2019, the 8.7% rate is an improvement from 4.7% in May. https://www.janes.com/article/90429/update-f-35-test-fleet-struggles-with-low-readiness-rates-as-key-deadline-approaches?from_rss=1