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Air Force

Lockheed Meets 2018 F-35 Delivery Goal, Increases Production By 40 Percent

By Matthew Beinart

Thursday, December 20th, 2018

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Lockheed Meets 2018 F-35 Delivery Goal, Increases Production By 40 Percent

Hill Air Force Base F-35As fly in formation over the Utah Test and Training Range, March 30, 2017. (U.S. Air Force photo/R. Nial Bradshaw)

Lockheed Martin [LMT] said Thursday it has delivered the 91st F-35, reaching its delivery target for 2018, while increasing production of the fighter jet by nearly 40 percent from last year.Officials said the goal for 2019 is to reach another 40 percent increase in production and deliver 130 F-35s as the company works toward reaching full-rate production numbers.“This milestone demonstrates the F-35 enterprise is prepared for full rate production and ready to deliver on increasing demand from our customers worldwide,”…

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

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Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]