Lockheed Martin Corp.

Bulgaria's Parliament has taken a significant step towards acquiring eight multi-role F-16 Block 70 aircraft and associated support by ratifying Amendment No. 2 to the Letter of Agreement (LOA) BU-D-SAB.

Prime Minister Justin Trudeau's government announced Thursday it will ban foreign investors from buying homes in Canada for two years in a bid to cool off a hot housing market.

Finance Minister Chrystia Freeland took a number of measures to tamp down speculation and demand amid record home prices in announcing the federal budget for the year.

Prime Minister Kyriakos Mitsotakis has expressed renewed concern over Germany's sale of Type 214 class submarines to Turkey amid tensions with Greece.

The US Senate Armed Services Committee said on Thursday it had authorized $9.1 billion to procure 95 F-35 aircraft in its version of the 2021 National Defense Authorization Act, or NDAA, an annual bill setting policy for the Department of Defense.

President Tayyip Erdogan said the delivery of Russian S-400 missile defense systems may be brought forward from July, the Sabah newspaper reported on Wednesday, sticking to a purchase which has put Turkey at odds with NATO ally the United States.

The United States has halted delivery of equipment related to the stealthy F-35 fighter aircraft to Turkey, a Pentagon spokesman said on 1 April, marking the first concrete U.S. step to block delivery of the jet to the NATO ally in light of Ankara's planned purchase of a Russian missile defense system.

The United States has halted delivery of equipment related to the stealthy F-35 fighter aircraft to Turkey, sources familiar with the situation said, marking the first concrete US step to block delivery of the jet to the NATO ally in light of Ankara's planned purchase of a Russian missile defense system.

Excluding NATO-member Turkey from the trillion-dollar F-35 fighter jet program would be challenging due to Ankara's integral role in the stealthy jet's production process, but not impossible, US sources familiar with the situation said.

Lockheed Martin Corp. expects it will take around 15 to 20 years to bring the cost per flight hour of the F-35 below fourth-generation fighter jets such as the F-16, the head of the F-35 program said on Feb. 27.