Aviation News
The U.S. Government Acccountability Office set up a fake company to catch counterfeiters of military parts. Sixteen parts purchased by the fake company came from 13 Chinese firms and there were all determined to be counterfeits.
[thumb]http://www.reuters.com/article/2012/03/26/usa-china-weapons-idUSL2E8EQBM020120326[/thumb]
The White House is not making any moves to negotiate with U.S. Senator John Cornyn over his demands to get clarification on the sale of new F-16s to Taiwan.
Continue reading “White House refused to negotiate with Cornyn over Taiwan’s F-16C/D issue”
The U.S. has assured Brazil’s Embraer that it will reopen bidding for 20 light support planes, Brazilian Industry and Trade Minister Fernando Pimentel told journalists.
[thumb]http://www.google.com/hostednews/afp/article/ALeqM5jnDmhpUYNGU8Zr9tmXoJmUvShTEQ?docId=CNG.427b62027f68f3e88b314615095183fc.f1[/thumb]
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”
Israel Aerospace Industries (IAI) has secured a $20 million contract to supply the upgraded Multi-Mission Optronic Stabilized Payload (MOSP) 3000 to 3 foreign customers.
[thumb]http://www.iai.co.il/32981-44247-en/MediaRoom_News.aspx[/thumb]