Aerospace Group:

Air Force

F-35 Contract Negotiations Continue Despite Mishap; F-35B Bound For U.K. Still in U.S.

Pat Host

Wednesday, July 9th, 2014

SHARE:

F-35 Contract Negotiations Continue Despite Mishap; F-35B Bound For U.K. Still in U.S.

The Marine Corps' short takeoff and vertical landing (STOVL) F-35B performs a vertical landing. Photo: Lockheed Martin.

Contract negotiations continue between the Defense Department and F-35 stakeholders Lockheed Martin [LMT] and Pratt & Whitney despite the recent engine mishap on an F-35A at Eglin AFB, Fla., according to a DoD spokeswoman. F-35 Joint Program Office (JPO) spokesperson Kyra Hawn said Wednesday information derived from the investigation will inform any actions needed to address future contract modifications that may be required. New findings should not significantly delay program progress, Hawn said. DoD and Lockheed Martin are in low-rate…

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]