Aerospace Group:

Lockheed Martin Insists F-35s Still In South Korean Chase

By Cal Biesecker

Thursday, August 22nd, 2013

SHARE:

Lockheed Martin [LMT] said Aug. 19 that media reports suggesting the F-35 had fallen out of consideration in South Korea’s competition for its next fighter jet were inaccurate and speculative, and was working closely with the U.S. government to continue to offer the stealth fighter. South Korea is expected to announce the winner of the competition among the F-35, Boeing’s F-15 Silent Eagle and the Eurofighter consortium’s Typhoon in September. South Korea plans to buy 60 aircraft under the F-X…

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]

Pentagon

Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities

The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]

Congress

Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons

Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]

Congress

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]