Air Force

The Air Force Thursday awarded Lockheed Martin [LMT] nearly $449 million in contracts for Joint Air to Surface Standoff Missiles (JASSM), according to a Defense Department statement. One contract worth […]

The Air Force should pursue innovation in strategic technologies like affordable thrust and lift as part of its long-term goals, according to a key official. Air Force Quadrennial Defense Review […]

Joint aircraft programs do not produce the expected life-cycle cost savings across the military and the benefits are too small to offset the cost growth that takes place in the […]

The Air Force said it will conduct a Minuteman III ICBM test launch Tuesday between 4:39 and 10:39 a.m. EST. The unarmed missile is scheduled to launch from Vandenberg AFB, […]

FORT WORTH, Texas — Lockheed Martin [LMT] will deliver 36 F-35s by the end of December, meeting its goal for the year, according to a company executive. Lockheed Martin Vice […]

FORT WORTH, Texas – Lockheed Martin [LMT] predicts by 2019 it will have lowered the unit cost of the Air Force’s F-35A to about $85 million in 2019 dollars, according […]

Air Force Chief of Staff Gen. Mark Welsh said Friday that he expects a spirited debate over the possibility of eliminating the service’s fleet of aging A-10 Warthogs but said […]

Divesting its entire A-10 fleet would save the Air Force nearly $3.7 billion, including logistics and infrastructure, Air Force Chief of Staff Gen. Mark Welsh said yesterday. “We would have […]

An agreement between the House and Senate Armed Services Committees this week directs the Air Force to transfer 14 excess C-27J cargo aircraft to the Coast Guard has part of […]

Boeing [BA] and Sweden’s Saab AB are teaming to bid for the Air Force’s multi-billion dollar T-X trainer program, Boeing said Friday in a statement. The two companies signed a […]