Pentagon

Large defense contractors in general have seen their share of Pentagon purchases decline over the past decade as more vendors garner a piece of the defense budget, according to a […]

FORT WORTH, Texas — Lockheed Martin’s [LMT] F-35 final checkout and assembly (FACO) facilities in Italy and Japan are key to the program’s maturity going forward, according to a company […]

The Norwegian parliament last week authorized the purchase of six additional F-35s, raising the total potential buys to 52, according to a spokesman. Endre Lunde, spokesman for Norway’s F-35 program, […]

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 […]

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 […]

The fiscal year 2014 defense authorization bill awaiting final passage in Congress would require the Defense Department to develop a strategy for multi-year procurement of commercial satellite communications (COMSATCOM) services […]

A new defense authorization bill that reflected both House and Senate bill language from earlier in the year passed the House of Representatives Thursday evening in an overwhelming 350-69 vote. […]