:

Air Force

Lockheed Martin Targets $80 Million Price Tag For F-35 By LRIP 14

By Cal Biesecker

Monday, July 16th, 2018

SHARE:

Lockheed Martin Targets $80 Million Price Tag For F-35 By LRIP 14

The F-35 Joint Strike Fighter. Photo by Lockheed Martin.

FARNBOROUGH INTERNATIONAL AIRSHOW--Lockheed Martin [LMT] has reached a “handshake” agreement on the low-rate initial product lot 11 (LRIP 11) contract for the F-35, according to a program update provided by a company executive on Monday at the Farnborough International Air Show.The company will not confirm specifics of the new deal until the agreement is finalized.According to Greg Ulmer, vice president and general manager of the F-35 program for Lockheed Martin, a total of 309 F-35s have been delivered to date.…

Congress

Warren And Sheehy Renew Call for “Right to Repair” In NDAA

Sen. Elizabeth Warren (D-Mass.) and Sen. Timothy Sheehy (R-Mont.), two members of the Senate Armed Services Committee (SASC), are renewing their call for “Right to Repair” language in the National […]

HASC Looks To Restrict USV Deliveries Without Navy CONOPS And Strategy

The House Armed Services Committee’s (HASC) fiscal year 2027 defense policy draft bill aims to restrict the Navy’s use of unmanned surface vessels (USV) until it decides on key factors […]

Congress

Gaps In Army’s Tactical Counter-Drone Capabilities Remain Concern Of HASC

A draft defense policy bill released this week says the Army is fielding counter-drone capabilities for defense of fixed sites and maneuver forces but suggests that troops at the lowest […]

Army

HASC Wants Closer Look At Army’s SBMC Program, Cites Avoiding Past IVAS Missteps

The House Armed Services Committee (HASC) wants a closer look at the Army’s Soldier Borne Mission Command (SBMC) effort, citing support for the development program while expressing caution to avoid […]