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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

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]