After protracted negotiations, Lockheed Martin reached an agreement in principle with the Pentagon for the fifth lot of low-rate initial production F-35s (LRIP-5). The company has reported new flight-test milestones for the Lightning II stealth fighter in recent weeks. But there was less good news from Canada, which is reconsidering its commitment to the F-35 on cost grounds.
AIN Defense Perspective » December 14, 2012
China is close to signing for 24 Sukhoi Su-35 single-seat multirole fighters, in a deal worth $1.5 billion. The Moscow-based newspaper Vedomosti recently reported that Beijing and Moscow have agreed delivery terms, including quantity and price. Rosoboronexport and Sukhoi declined to comment.
More than 10 months after India chose the French Rafale to meet its $15 billion medium multi-role combat aircraft (MMRCA) requirement, contract negotiations are mired in issues related to offsets, the transfer of technology and the role of Hindustan Aeronautics (HAL).
The Danish government signed a letter of intent to acquire nine MH-60R Seahawk helicopters through a U.S. foreign military sale valued at $686 million. Denmark is the second foreign nation after Australia to buy the maritime helicopter, manufactured by Sikorsky Aircraft with mission systems integration by Lockheed Martin.
Sales of U.S. military aircraft will fall by 2.4 percent this year to $58.2 billion, the lowest level since 2006, according to a preliminary estimate of the Aerospace Industries Association (AIA). Sales are expected to decline by another 10 percent in next year as budget cuts force the Pentagon to reduce procurement spending, the association said in its year-end review and forecast, released earlier this month.
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