F-35 fighter price could soar if delayed: general
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Lockheed Martin Corp. 's F-35  Joint Strike Fighter aircraft, funded by the United States and  eight other countries, could cost as much as an extra $12  million to $16 million apiece at first if production plans are  curtailed in early years, the general running the project said  Friday.
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The Pentagon is considering cutting some of its largest programs, including the F/A-22 Raptor, to help bring down the budget deficit during the next few years and offset Iraq war costs, according to congressional and industry sources.
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Development of a new A350 Airbus jetliner set to rival the future Boeing 7E7 will cost four billion euros ($5.2 billion), the planemaker&#39;s sales chief said on Friday.
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The stage could be set for budget shifts that will hurt some defense contractors and help others.
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When the FBI asked Congress this spring to provide $3.6 million in the war spending bill for its Gulfstream V jet, it said the money was needed to ensure that the aircraft, packed with state-of-the-art security and communications gear, could continue to fly counterterrorism agents on "crucial...
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Lockheed Martin Corp. LMT.N's F-35   Joint Strike Fighter aircraft, funded by the United States and   eight other countries, could cost as much as an extra $12   million to $16 million apiece at first if production plans are   curtailed in early years, the general running the project said   Friday.
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The board of European aerospace group EADS  is 90 percent certain to agree on Friday to finance the launch of Airbus's planned A350 mid-size, long-haul jet, a source close to the board told Reuters on Friday.
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Top managers at Airbus parent company EADS knew of delays in aircraft production when they sold their stock options in March, shortly before Airbus shares crashed on a shock announcement, a French daily alleged Tuesday.
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Â· Military spending to hit highest level since WWIIÂ· Plans will leave successor with spending headache
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The proposed $5 billion sale to  Pakistan of F-16 fighter jets will help shore up ties to a key  American ally in the war on terror, a senior State Department  told a Congressional hearing on Thursday.
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BANGALORE, India  - India has sounded out the  United States to consider buying advanced F-16 fighter jets for  its air force, but Washington is yet to decide on the matter,  U.S. ambassador David Mulford said Tuesday.
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The board of European aerospace group  EADS  is 90 percent certain to agree on Friday to  finance the launch of Airbus's planned A350 mid-size, long-haul  jet, a source close to the board told Reuters on Friday.
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Cost overruns won't endanger Northrop Grumman's latest surveillance aircraft program, but federal budget cuts will likely hamper future defense contracts.
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The F-35 Joint Strike Fighter, the costliest weapons procurement project ever, is set to make its maiden test flight next week, a U.S. general running the project said on Tuesday.
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The Air Force will keep more than 40 percent of its older model F-15 fighter jets grounded indefinitely after discovering that critical support beams have manufacturing flaws dating back nearly 30 years that could lead to catastrophic damage to the aircraft.
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The board of Airbus parent EADS   is expected on Tuesday to decide on a cost-cutting program and  assess the impact of the latest delay in its A380 superjumbo  plane, which one newspaper report said could now slow 2007  deliveries to just two aircraft.
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The world's most expensive military project, the F-35 Joint Strike Fighter, is due to take to the skies next week.