iscover
Lockheed Martin and Alenia have announced their teaming to develop a modernised variant of Alenia's G222 tactical transport, dubbed the C-27J. The C-27J would be based on the basic G222 but would incorporate a number of key improvements, foremost two Allison AE 2100 turboprops with six-bladed propellers and an advanced flightdeck based on the technology developed for the C-130J Hercules' flightdeck. For further details refer text. (Lockheed Martin)
Newsdesk – Military Aviation
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Russian Budget Slashed
The Russian Air Force’s short term equipment upgrades and long term procurement plans are being severely threatened thanks to a massive budget cut. The air force is to receive only 13% of its 1996 budget request, barely enough to cover salaries and fuel costs. No funding has been made available for any procurement or modernisation plans or for research and development. Facing the axe is the high profile Mikoyan fifth generation fighter project, the 1.42, a prototype of which has been built and taxied but not yet flown. As reported in last month’s Newsdesk, Mikoyan is looking at a less expensive replacement for this programme. Other programmes which will suffer because of the cuts are the Sukhoi T-60S bomber replacement for the Tu-22M Backfire, the Su-27IB fighter bomber, the Tu-160 and Tu-95/142 strategic bomber replacement programmes and a stealth bomber project.
Lockheed Martin In The Black
The Lockheed Martin corporation has celebrated the first year following amalgamation of the two aerospace companies with a $US1.1bn net profit. The profit represents a 17% improvement for the group despite the fact that turnover remained almost unchanged at just below $US23bn. The figure excludes a one off $US690m cost associated with the merger. Lockheed Martin’s space and strategic missile business contributed most of the increase, operating profits going up by 46% on a 12% increase in sales to $7.5bn. This business is now the largest division within the company. The aircraft manufacturing division also improved its profit despite a slight dip in sales to $US6.6bn. It delivered 75 F-16 fighters during the year and despite massive defence cutbacks worldwide has a firm order backlog of 412 aircraft for delivery by the end of the decade.
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