Aerospace Group:

Air Force

Lockheed Martin Receives Contract for $7.6 Billion for 129 F-35s in Lot 15

Frank Wolfe

Friday, August 12th, 2022

SHARE:

Lockheed Martin Receives Contract for $7.6 Billion for 129 F-35s in Lot 15

Royal Danish Air Force Lt. Col. Joseph “KOBI” Drummond, 308th Fighter Squadron chief of flight operations, taxis a RDAF F-35A Lightning II April 13, 2021, at Luke AFB, Ariz. (U.S. Air Force Photo)

Lockheed Martin [LMT] has received a more than $7.6 billion contract for 129 F-35 fighters in Lot 15--49 F-35As for the U.S. Air Force; three F-35Bs and 10 F-35Cs for the U.S. Marine Corps; 15 F-35Cs for the U.S. Navy; 32 F-35As and four F-35Bs for non-DoD "participants"; and 16 F-35As for Foreign Military Sales customers. Work is expected to finish in October 2024, DoD said in an Aug. 12 contract announcement. On July 18, the F-35 Joint Program Office…

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 […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]