:

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

HASC Approves $1.15 Trillion FY ‘27 NDAA With ‘Right To Repair’ Reform

The House Armed Services Committee (HASC) has approved its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA), with the panel moving to adopt a bipartisan […]

Congress

House Authorizers Retain Battleship Funding, But Want Nuclear-Power Report

The House Armed Services Committee’s (HASC) Thursday markup of the FY 2027 defense authorization bill rejected an amendment to cut funding for the new Trump-class battleship (BBG(X)), but did agree […]

Congress

HASC Rejects $150 Billion Topline Cut, Iran Cost Transparency Proposals At NDAA Markup

The House Armed Services Committee (HASC) on Thursday rejected a Democrat-led proposal to cut the $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA) by $150 billion, as the […]

HASC Wants Pentagon List Of Critical F-35 Technical Data Rights And Estimate Of Cost To Buy Them For Repairs

The House Armed Services Committee (HASC) wants the Pentagon to inform the committee of critical technical data rights for the Lockheed Martin [LMT] F-35 fighter and how much it would […]