The new fighters are part of a much larger modernization effort in Helsinki that includes replacing seven retiring guided missile ships with four bleeding edge multirole corvettes.
By Paul McLearyWASHINGTON: As US defense spending drops, lots of arms makers are seeking sales abroad, including mighty Lockheed Martin. But Raytheon executive Thomas Kennedy insists his company’s different. While other US contractors began emphasizing foreign sales in the last year, “54 percent of the revenue for the IDS business is from international [already],” said Kennedy, president…
By Sydney J. Freedberg Jr.