The global military rotorcraft market is anticipated to value $25.2 billion by the end of 2013. The market, which comprises attack, multi-mission and rescue, transport, reconnaissance and observation, and maritime helicopters, is expected to record a minimal decline over the forecast period. This is because significant markets such as the US and Europe are expected to maintain existing fleets and reduce overall defense expenditure according to this new market report.
The U.S. Department of Defense and Pratt & Whitney have reached an agreement in principle for a production contract for the sixth lot of F135 propulsion systems to power the F-35 Lightning II, which continues a reduction in costs associated with engine production. The low rate initial production (LRIP) contract covers 38 total engines.
Under Investigation For An Alleged Inappropriate Relationship With A Civilian Employee
The commanding officer of Strike Fighter Squadron One Zero Six (VFA-106) based at Naval Air Station Oceana was relieved of his duties Aug. 26 by Commander, Naval Air Force Atlantic.
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