Industry awaits India’s upcoming fighter comps | GA announce industry partners for MQ-25, Navy pushes IOC to 2023 | Is the NH90 too much trouble?

by Padraig McCarrick | Feb 15, 2018 | Daily Rapid Fire

Americas * The US Navy has pushed initial operational capability (IOC) of the MQ-25 Stingray unmanned aerial tanker into 2026, rather than the rapid acquisition initially planned for 2020. Service officials told a Fiscal Year 2019 budget briefing on Monday that they...

Remington secures funding to file Chapter 11 | BAE Systems adds financing deal to Malaysian Eurofighter offer | Finland’s Dragon Shield “operational”

by Padraig McCarrick | Feb 14, 2018 | Daily Rapid Fire

Americas * Firearms manufacturer Remington announced Monday that it has reached a deal with creditors that will allow it to file for bankruptcy to slash its $950 million debtload. The agreement grants Remington $145 million in bankruptcy financing to fund the company...

Bankrupt Remington looks for funding to bore hole in debt | USAF plans to upgrade A-10s with new contractor | WW2 bomb find halts London air traffic

by Padraig McCarrick | Feb 13, 2018 | Daily Rapid Fire

Americas * Draft acquisition documents seen by Flight Global reveal that the US Air Force is planning to go ahead with upgrading its A-10 fleet and revive the tank-killer’s production line after March 2019. Even though a contract with Boeing to re-wing the fleet...

BAE to modernize HUD on UAE’s F-16 | Duterte will no longer buy arms from US, Canada, over “conditions” | Airbus pays fine to end Eurofighter probe

by Padraig McCarrick | Feb 12, 2018 | Daily Rapid Fire

Americas * The US Army awarded Wednesday, February 7, a $476 million contract to Oshkosh to build the latest A2 variant of the Family of Medium Tactical Vehicles (FMTV). Production will be completed by February 2022, with work locations to be determined with each...

The Morning after the night before: Canada investigate Filipino helicopter deal | JASSM-ER operational on F-15E | RAF hail 2018 “Year of the Typhoon”

by Padraig McCarrick | Feb 9, 2018 | Daily Rapid Fire

Americas * Lockheed Martin has declared that the Extended Range variant of its Joint Air-to-Surface Standoff Missile (JASSM), the JASSM-ER, is now fully operational on the F-15E Strike Eagle fighter. A company statement released by the firm on February 6 said that the...