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Air Force

Navy Awards Lockheed Martin $700 Million Contract For F-35 Long Lead Parts

Pat Host

Tuesday, March 25th, 2014

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Navy Awards Lockheed Martin $700 Million Contract For F-35 Long Lead Parts

The Marine Corps' short takeoff and vertical landing (STOVL) F-35B performs a vertical landing. Photo: Lockheed Martin.

The Navy Tuesday awarded Lockheed Martin [LMT] a roughly $700 million contract for long-lead parts, components and materials in support of 57 low rate initial production (LRIP) Lot 9 F-35 aircraft, according to a Defense Department statement. The fixed-price-incentive, firm target, advanced acquisition contract includes 26 F-35As for the Air Force, six F-35Bs for the Marine Corps, two F-35Cs for the Navy, six F-35As for Norway, one F-35A for Italy, seven F-35As for Israel, two conventional takeoff and landing (CTOL)…

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]