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New York, Geneva (AirGuideBusiness - Aerospace & Defense News - Defense Europe) Jan 8, 2012

Turkey places order for 2 F-35s from U.S. Turkey plans to purchase two F-35A Joint Strike Fighters from the U.S., Turkish officials said Thursday. Turkey eventually needs to replace its aging fleet of F-4s and F-16s with around 100 aircraft, but faces high costs of more than USD100 million per fighter for the F-35. Jan 6, 2012

BAE Systems BAE Systems warns of earnings impact from Saudi changes. Adjustments to a Eurofighter Typhoon order from Saudi Arabia could affect BAE Systems earnings for 2011, the company says. "Good progress on these discussions has been made in recent weeks with budgets approved in the Kingdom in December on all items other than the price escalation where negotiations will now continue into 2012," BAE said in a statement. Jan 5, 2012

BAE Systems Brazilian Navy purchases 3 vessels from BAE Systems. Brazil has purchased...

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