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Business/Financial

Lockheed Will Leverage NGAD Investment For F-35+ To Approach 6th Gen Aircraft At Half Cost

By Cal Biesecker

Tuesday, April 22nd, 2025

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Lockheed Will Leverage NGAD Investment For F-35+ To Approach 6th Gen Aircraft At Half Cost

F-35A Lightning II multi-role fighter. Photo: Lockheed Martin

Despite losing out on a potential new franchise aircraft program, Lockheed Martin [LMT] will leverage its investments in the Air Force’s Next-Generation Air Dominance (NGAD) platform for upgrades of its F-35 multi-role fighter to give the fifth generation aircraft 80 percent of the capabilities of sixth generation aircraft at half the cost, the company’s top executive said on Tuesday. Lockheed Martin will not protest the loss of NGAD to Boeing [BA] and instead will pour the “knowledge and technology gained”…

Congress

HASC Wants Info On Army’s Plans To Pursue Autonomous Aerial Delivery, Surface Vessels For Logistics

The House Armed Services Committee (HASC) added several measures to its version of the next defense policy bill seeking more details from the Army on efforts to develop future logistics […]

Congress

McConnell: “Safe To Conclude There Will Not Be A Third Reconciliation Bill”

Two top GOP senators on the Senate Appropriations Committee are opposing a third reconciliation bill. The Trump administration’s total $1.5 trillion fiscal year 2027 defense request is split between $1.15 […]

Congress

HASC’s Final FY ‘27 NDAA Expands Systems Eligible For Multi-Years, Includes LTAMDS, IBCS, ARRW

House defense authorizers added a measure to their version of the next defense policy bill that would expand the list of weapons platforms eligible for multi-year contracts, to include the […]

Congress

HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]