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Air Force

Lockheed Martin, DoD Reach Nearly $9 Billion F-35 LRIP 10 Deal

Pat Host

Friday, February 3rd, 2017

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Lockheed Martin, DoD Reach Nearly $9 Billion F-35 LRIP 10 Deal

The first two combat-coded F-35A Lightning II aircraft arrive at Hill Air Force Base, Utah, Sept. 2, 2015. Photo: Air Force.

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 10 deal includes 90 aircraft—55 jets for the United States and 35 jets for international partners and foreign military sale (FMS) customers, according to a Defense Department statement. DoD said LRIP 10 unit costs were $94.6 million for the Air Force’s F-35A; $122.8 million for the Marine Corps’ F-35B short takeoff…

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]