LONDON – In Europe, it is revered as a fearsome, lethal aircraft – the newborn pride of a defense industry that had fallen on hard times. In the U.S. defense industry, it is considered Europe’s answer to Lockheed Martin’s F-16 – two decades too late.
FORT WORTH – General Dynamics Corp. said today that it has reached an agreement with California-based defense giant Lockheed Corp. for the sale of its 20,000-employee Fort Worth Division for $1.5 billion in cash.
FORT WORTH – Lockheed Corp. has appointed a team of employees to explore whether it should purchase General Dynamics Corp.’s Fort Worth-based tactical aircraft business, industry sources said.
FORT WORTH – General Dynamics Corp. is holding discussions with Boeing Co. and Lockheed Corp. about the sale of its 20,000-employee Fort Worth Division, high-ranking sources at GD and in the aerospace industry said.
WASHINGTON – The F-16 fighter has spent most of the decade flying difficult missions in the Persian Gulf and Bosnia, while compiling a solid safety record. But Air Force officials have become concerned that the F-16 or the engines are showing their age.
PARIS – To one of the Soviet Union’s top warplane designers, America’s F-117A stealth fighter-bomber is no big deal.He doesn’t think the aircraft’s accomplishments in the Persian Gulf War were all that impressive, and he’s confident that one of his own fighters could detect the F-117A and shoot it down.