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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…

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]