Weapons
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International
Lockheed Martin Wins $102 Million Contract To Deliver Initial Support For UK F-35 Fleet
The United Kingdom Ministry of Defence, through the U.S. Defense Department’s F-35 Joint Program Office, awarded Lockheed Martin [LMT] a $102 million three-year contract to deliver initial training, engineering, maintenance, […]
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Air Force
Lockheed Martin Weeks Away From Delivering Latest Version Of F-35 ALIS
Lockheed Martin [LMT] is weeks away from delivering the latest version of its F-35 aircraft maintenance software, according to a key executive. Lockheed Martin Executive Vice President and General Manager […]
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Air Force
F-35A Achieves 20-To-One Kill Ratio At Red Flag, General Says
The F-35A next-generation fighter scored a kill ratio of 20 times its losses in the recently completed Red Flag combat training exercise in Nevada, an Air Force general said on […]
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Air Force
Bogdan Says F-35 Development Short $532 Million; Funds Will Be Found Within Program
The budget to complete system development of the F-35 Joint Strike Fighter is about $532 million short over the next few years but the funding to complete this work will […]
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Business/Financial
Lockheed 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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Air Force
Lockheed Martin Says F-35 Profits On Plan Despite Trump’s Focus On Affordability
Lockheed Martin [LMT] will increase profit margins on the F-35 Joint Strike Fighter while decreasing the per-aircraft price tag amid high profile pressure from President Donald Trump to contain costs on the […]
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Navy/USMC
Marines Near F-35’s First Overseas Deployment
The U.S. Marine Corps is on track to begin deploying its new Lockheed Martin [LMT] F-35 Lightning II fighter overseas for the first time in early 2017 in the Western […]
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Navy/USMC
Navy Declares Newest Joint Standoff Weapon Ready For Operations
The U.S. Navy has declared the Joint Standoff Weapon C-1 (JSOW C-1), the newest variant of the air-launched weapon, ready for operations. The guided glide weapon achieved its initial operational […]
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Pentagon
DoD Awards Pratt & Whitney $1.4 Billion Contract For Lot Nine F-35 Engines
The Defense Department’s F-35 Joint Program Office awarded Pratt & Whitney a $1.4 billion contract for lot nine low-rate initial production (LRIP) of the F135 propulsion system to power the […]
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Pentagon
DoD Awards Pratt & Whitney $1.4 Billion Contract For Lot Nine F-35 Engines
The Defense Department’s F-35 Joint Program Office awarded Pratt & Whitney a $1.4 billion contract for lot nine low-rate initial production (LRIP) of the F135 propulsion system to power the […]
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