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  • Boeing Fighter Jet Rival Gets Stronger

    12/29/2015 12:34:12 AM PST · by sukhoi-30mki · 8 replies
    The Motley Fool ^ | 2015/12/25 | Rich Smith
    Man, Boeing (NYSE:BA) just cannot catch a break. For a while there, 2015 was starting to look like the year Boeing defense got its wings back. In February, opining that "stealth may be overrated," U.S. Chief of Naval Operations Adm. Jon Greenert began laying the groundwork for the U.S. Navy breaking up with Lockheed Martin's F-35C fighter jet, and buying a bunch of Boeing F/A-18s for its carriers instead. Earlier this month, the Air Force floated a trial balloon of its own. In a controversial revelation, the Air Force suggested it was considering buying as many as six dozen cheaper...
  • Rebound To Russia: Amid Rafale Impasse, IAF To Buy 40 More Sukhois

    02/10/2016 2:31:31 AM PST · by sukhoi-30mki · 5 replies
    Arming India ^ | FEB. 10, 2016
    NEW DELHI, FEB. 10, 2016: The Indian Air Force (IAF) has initiated the procurement of a fresh lot of 40 additional Su-30MKI air dominance fighters at an estimated $75 million apiece, reliable diplomatic sources disclosed to Arming India. The procurement is being taken up as a follow-on order to the 222 Su-30MKI fighters already contracted to be made under transfer of technology at Hindustan Aeronautics Limited (HAL)'s Nasik division. Along with the initial 50 aircraft acquired in a flyaway condition from Russia in the late 1990s, the latest increment of 40 aircraft will take the total number of Su-30MKIs ordered...
  • Boeing's Message To PM Modi: Remember We're 97 Billion Dollars Big

    02/16/2016 5:21:07 AM PST · by sukhoi-30mki · 11 replies
    Bloomberg ^ | February 16, 2016 | Anurag Kotoky
    Boeing Co. wants Prime Minister Narendra Modi to keep something in mind as he looks to turn India into a defense manufacturing powerhouse: Size matters. With Modi planning to spend $150 billion to modernize military equipment over the next decade, the world's largest aerospace company sees an opportunity to grow its presence in India. Boeing lost out in 2012 to smaller French rival Dassault Aviation in what was then the biggest fighter-jet deal on record. "If India wants to jump start an aerospace economy, do you want to do that with Dassault -- that's about a $5 billion company --...