Lockheed Martin

The acquisition of nine surplus F-16 figher jets modernised by Portugal is an option, which Bulgaria is analysing as part of plans to replace its ageing fleet of Soviet-made MiG-29s, according to janes.com

The United States began its biggest European deployment of F-22 fighters with a visit to the Black Sea in an exercise aimed at beefing up military support for NATO's eastern European allies who say they face aggression from Russia. 

Turkish President Recep Tayyip Erdo?an has called on U.S. businesses not to hesitate in investing in Turkey. 

"I am inviting you from this platform to invest more in Turkey," Erdo?an said March 30, noting Turkish entrepreneurs' concerns about investing in the U.S. that are related to legislative differences, competitive environment and geographical distance. 

Lockheed Martin Chief Executive Marillyn Hewson said Poland and Turkey were interested in the company's MEADS missile defense system, which has already been selected by Germany.

In 2013, Turkey selected, over European and U.S. rivals, a Chinese contender for the construction of its first long-range air and anti-missile defense system. Last November it scrapped that competition, saying two local companies would instead build the air defense system.

The United States has approved the sale of almost $2 billion worth of bombs and missiles to equip Iraq's squadron of F-16 attack jets in their battle against jihadist rebels.
 
The Defense Security Cooperation Agency said 400 American government staff and contractors would work in Iraq until at least 2020 to maintain the arsenal and train Iraqi pilots and ground crew.
 

Two Turkish arms manufacturers have ranked in the top 100 for total 2014 arms sales, according to a report by the Stockholm International Peace Research Institute (SIPRI) on Dec. 14. Russian arms sales also soared, though overall arms sales declined over the course of the year.

Proto Thema’s exclusive concerning the government’s secret deal with the United States to upgrade aging aircraft by Lockheed Martin set off a firestorm of controversy in Greek Parliament after it was revealed that 40 million dollars had been secretly deposited into an account to activate the contract.

Proto Thema newspaper revealed that the government gave secretly last week a 40-million-dollar deposit to US for activating the contract for upgrading aging maritime planes originally manufactured by Lockheed Martin setting off a firestorm of controversy and opposition criticism.

The U.S. Missile Defense Agency has awarded its "Technology Pioneer Award" to a European system currently competing with a U.S. partnership in a multibillion-dollar competition for a Turkish contract.