Aerospace Group:

Air Force

Longer Term Contracts Would Ease Production Surge, if Required for F-35, Lockheed Martin Official Says

Frank Wolfe

Tuesday, March 4th, 2025

SHARE:

Longer Term Contracts Would Ease Production Surge, if Required for F-35, Lockheed Martin Official Says

Pictured are F-35A Lightning II fighter aircraft before a night sortie from Naval Air Station North Island, Calif. on Feb. 10 (U.S. Air Force Photo)

AURORA, Colo.--If the balloon goes up or if significant new orders for the F-35 materialize near-term, could Lockheed Martin [LMT] ramp up its annual global production of the fighter above 156? "We look at several different things when it comes to making the 156," Chauncey McIntosh, Lockheed Martin's vice president and general manager of the F-35 program, said in an interview after a briefing to reporters on Tuesday at the Air and Space Forces Association's Warfare Symposium here. "First, we…

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

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

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 […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]