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Air Force

Navy Awards Lockheed Martin $279 Million Contract Modification For F-35

Pat Host

Monday, July 14th, 2014

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Navy Awards Lockheed Martin $279 Million Contract Modification For F-35

The Navy Monday awarded Lockheed Martin [LMT] a $279 million contract modification to a previously awarded F-35 low rate initial production (LRIP) Lot 6 contract, according to a Defense Department statement. The modification provides for non-recurring sustainment activities, to include procurement of Depot Phases I-IV sustainment activities. Work is expected to be completed by October 2018. Fiscal year 2012 aircraft procurement (Navy and Air Force) funds and international partner funds in the amount of $279 million will be obligated at…

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

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Army

Army Taking ‘More Refined’ Approach On Push For Right To Repair Reforms, Obadal Says

After lawmakers decided against including major “right to repair” reforms in the latest defense policy bill, a senior Army official has said the service is continuing its push for authorities […]

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]