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Air Force

Government Could Again Force Lockheed Martin To Accept F-35 Price For Lot 10 Aircraft

Wednesday, December 21st, 2016

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Lockheed Martin [LMT] and the F-35 Joint Program Office have reverted to the “elemental level” in negotiations over the cost of the 10th lot of aircraft to avoid deadlock and the government repeating a unilateral contract action as it did with the previous deal.After more than a year the JPO in early November felt further negotiations with Lockheed Martin would be futile and unilaterally pulled the trigger on the unsettled contract for the ninth lot of low-rate initial production (LRIP) aircraft.Lockheed…

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]