Aerospace-Defense News

With development and technology challenges on the Lockheed Martin Corp F-35 fighter increasingly under control, the company and the U.S. military are taking aim at a more vexing problem: the cost of flying and maintaining the new warplane.

A federal judge has ordered United Technologies Corp to pay $473 million plus interest for manipulating costs to win U.S. Air Force jet engine contracts in the 1980s.

A HYPERSONIC space-plane, a jeep which could leap over enemy blockades and an aircraft able to take off and land vertically are some of the 1960s inventions unearthed from the archives of BAE Systems .

U.S. conglomerate General Electric Co will create a joint venture with Russia's state-funded private equity vehicle to build mini power plants across Russia, the parties said on Tuesday.

Bombardier Inc. has announced several orders at the Paris Air Show that could be worth up to US$2 billion if all options are exercised.

The Carnival Corp. has filed a lawsuit seeking more than $12 million in damage its cruise ship, Triumph, sustained in an early April windstorm.

EasyJet Plc agreed to buy 135 Airbus SAS jets worth about $13.22 billion at list price as Europe's No.

Snow removal crews at Hanscom Field received recognition for their work over the winter when they had to deal with 69 inches of snow.

B2Gold Corp. . Up 22 cents, or 9.82 per cent, at $2.46 on 11.92 million shares. The gold sector was up 0.27 per cent at 190.87 points.

Jeff Immelt, chairman and CEO of General Electric Co. , speaks during a keynote address at the Minds + Machines 2012: Unleashing the Industrial Internet conference in San Francisco.

The U.S. manufacturer of the oft-maligned F-35 has signed a deal with a leading Canadian maker of flight simulators in anticipation of the Harper government choosing to stick with the controversial stealth fighter program.

Sir Roger Carr, who stepped down as president of the CBI lobby group earlier this week, will replace Dick Olver, who has held the role for nine years.

Bombardier Inc. has identified the buyer for one of its previously announced orders for 10 CSeries passenger jets.

Paris Air Show From left to right, Brazil's Embraer COO Luis Carlos Affonso, Embraer Commercial Aviation President and CEO Paulo Cesar Silva, United Technologies President and CEO Alain Bellemare, Embraer President and CEO Frederico Fleury Curado and Pratt and Whitney President David Hess, pose in front of a model of E-Jet E2 at Le Bourget airport ... (more)

Airbus says aircraft leasing company ILFC made a firm order Monday for 50 short-haul A320neo jets, kicking off the Paris Air Show with a robust start for the European plane maker.

Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit www.djreprints.com EUROPE'S DEFENSE SECTOR is ostensibly ripe for another round of consolidation as shrinking ... (more)

's stock had its "neutral" rating reiterated by investment analysts at BNP Paribas in a note issued to investors on Monday, Analyst Ratings Network reports.

International Lease Finance Corporation , a wholly owned subsidiary of American International Group, Inc. , announced today that it has exercised options to purchase 50 incremental A320neo Family aircraft from Airbus that were part of the agreement signed in April 2011 for 100 firm A320neo Family aircraft.

Engineering company BAE Systems has released information on a series of designs from the 1960s that never reached the production stage.

Futuristic: This plane, nicknamed Mustard, is one of the many old designs that BAE Systems has brought back to life via unique animations It has more than one million historical documents and artefacts in its stores and forgotten Thunderbirds-type designs made by British engineers in the 1960s have been brought to life.