Pentagon
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Business/FinancialLockheed Martin Sees F-35 LRIP 11 Award In 2017; Mulls Options For Potential Response To LRIP 9 Award
Lockheed Martin [LMT] expects to receive a contract for the next batch of F-35 Joint Strike Fighters (JSF) later this year and the company is still keeping open its options […]
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ArmyTrump Promises SOCOM, CENTCOM Troops ‘Finest Equipment Known To Man’
In a visit to MacDill Air Force Base in Tampa, Fla., on Monday, President Trump continued to promise troops new weapons and equipment but offered no specifics on when or […]
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ArmyMilitary Information Chiefs Call For Speedier IT Acquisition Process
The Defense Department’s existing acquisition process is too cumbersome and sluggish to keep pace with advancements in information technology, according to its Chief Information Officer (CIO). To ensure the military […]
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Air ForceLockheed Martin, DoD Reach Nearly $9 Billion F-35 LRIP 10 Deal
The Pentagon and Lockheed Martin [LMT] on Friday reached a deal on a new batch of F-35s that totals roughly $9 billion. The total low rate initial production (LRIP) lot […]
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BudgetMattis Outlines Three-Phase Military Rebuilding Plan, Plans On 2017 Spending Increase
The Defense Department’s fiscal 2017 budget will be boosted by a supplemental funding bill, but at least some of the cash to begin “rebuilding” the military will be shuffled from […]
