F-35
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Weapons
DOT&E Delays F-35 Operational Testing Until November For Software Upgrades
Last month the Defense Department independent weapon tester delayed the start of F-35 operational testing by two months while it waits for the newest versions of software to be delivered. […]
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Business/Financial
Lockheed Martin Posts Strong Second Quarter Results; Raises Guidance
Lockheed Martin [LMT] on Tuesday reported strong second quarter financial results driven by higher sales, lower taxes, a pension benefit and improved operating performance. Net income increased 26 percent to […]
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Air Force
Lockheed Martin Targets $80 Million Price Tag For F-35 By LRIP 14
FARNBOROUGH INTERNATIONAL AIRSHOW–Lockheed Martin [LMT] has reached a “handshake” agreement on the low-rate initial product lot 11 (LRIP 11) contract for the F-35, according to a program update provided by […]
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Business/Financial
Raytheon Nabs Next-Gen F-35 DAS Sensor
Lockheed Marin [LMT] chose Raytheon [RTN] to develop and deliver the next generation Distributed Aperture System (DAS) for the F-35 Joint Strike Fighter, replacing the sensor’s incumbent Northrop Grumman [NOC]. […]
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Business/Financial
Lockheed Martin Opens 2018 With Strong Financial Results
Lockheed Martin [LMT] on Tuesday posted strong financial results in its first quarter buoyed by operating performance, a lower tax rate and a pension tailwind, and the company raised the […]
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International
State Department OK’s $6.5 Billion Sale Of 34 F-35s To Belgium
The State Department approved a possible $6.5 billion Foreign Military Sale (FMS) to Belgium for 34 Conventional Take-off and Landing (CTOL) F-35A variants. The Defense Security Cooperation Agency (DSCA) told […]
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Uncategorized
F-35 System Development And Demonstration Phase On Track
Lockheed Martin [LMT] said Monday its Integrated Test Force Teams are successfully completing the requirements of the F-35 program’s System Development and Demonstration (SDD) phase. In recent months the company […]
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International
Lockheed Martin Wins $102 Million Contract To Deliver Initial Support For UK F-35 Fleet
The United Kingdom Ministry of Defence, through the U.S. Defense Department’s F-35 Joint Program Office, awarded Lockheed Martin [LMT] a $102 million three-year contract to deliver initial training, engineering, maintenance, […]
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Air Force
Lockheed Martin Weeks Away From Delivering Latest Version Of F-35 ALIS
Lockheed Martin [LMT] is weeks away from delivering the latest version of its F-35 aircraft maintenance software, according to a key executive. Lockheed Martin Executive Vice President and General Manager […]
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Air Force
F-35A Achieves 20-To-One Kill Ratio At Red Flag, General Says
The F-35A next-generation fighter scored a kill ratio of 20 times its losses in the recently completed Red Flag combat training exercise in Nevada, an Air Force general said on […]
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