Lockheed Martin will pay the U.S. government $15,850,000 to settle a lawsuit on its failure to prevent a supplier from overcharging the aeronautical company and the government.
Continue reading “Lockheed Martin to pay $15.85 million for overcharging U.S. government”
Month: March 2012
Norway announced plans to buy four more F-35s, to speed up delivery
Norway’s new defense white paper called for the purchase of 52 F-35 fighters and to push the delivery of two initial training jets to 2015.
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South Korea close to agreement with U.S. on missile range
South Korean President Lee Myung Bak said his country and the U.S. are close to an agreement to extend the range of South Korea’s missiles beyond the current 300 kilometers limit.
[thumb]http://www.bloomberg.com/news/2012-03-22/s-korea-seeks-to-extend-missile-range-against-threat-from-north.html[/thumb]
Barbers at Buckley Air Force Base on strike
Getting a haircut at Buckley Air Force Base, Denver will be difficult now as eight out of nine barbers there have formed a picket line outside a base entrance on Thursday.
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PLAAF J-10s carried out live-firing drills in Tibet
PLAAF J-10 fighters carried out live-firing exercise in Tibet last month using dumb and laser-guide bombs.
[thumb]http://english.peopledaily.com.cn/90786/7765803.html[/thumb]