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Tag Archives: F-35

Lockheed Gets $431M Contract Modification for Lot 9 F-35 Special Tools, Equipment

lockheed martin

Lockheed Martin (NYSE: LMT) has received a $431.3 million contract modification to collect special tooling and test equipment for F-35 fighter planes that are being acquired by U.S. and international defense customers. The Defense Department said Tuesday that Lockheed’s aeronautics business will obtain the non-recurring items for the company to ...

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Robert Gough Appointed as VP of Northrop Combat Avionics Systems Business

Robert J. Gough

Robert Gough, formerly director of Northrop Grumman’s (NYSE: NOC) operations in the information systems communications division, has been named vice president of the combat avionics systems business within the company’s electronic systems sector. He will oversee the sector’s combat avionics portfolio that comprises avionic sensor systems and radars for the ...

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Lockheed Awarded $150M to Test, Field F-35 Mission Data Files

F35

Lockheed Martin (NYSE: LMT) has received a $150,609,953 contract modification from the U.S. Navy to develop, test and deploy mission data files of the F-35 fighter jet for Australia and the U.K. The company will carry out the task in Fort Worth, Texas through December 2018, the Defense Department said Thursday. Australia and ...

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Report: Lockheed to Produce 14 F-35 Fighters for Israel

lockheed martin

Lockheed Martin (NYSE: LMT) will build an additional 14 F-35 fighter jets for Israel under a $2.82 billion foreign military sales agreement with the United States, Agence France-Presse reported Sunday. The deal also contains technological and training components and an option for additional 17 fighter jets, according to the report. An Israeli ministerial ...

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Lockheed Reports 9% Revenue Spike in 4Q With F-35, Int’l Sales Growth

lockheed martin

Lockheed Martin (NYSE: LMT) has announced financial results for its fourth quarter and full 2014 fiscal year ended Dec. 31, 2014. Revenue for the fourth quarter increased 8.6 percent year-over-year and the company reported a modest revenue gain of two-thirds a percent for the full fiscal year. The company attributed the increase for ...

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Turkey to Order Lockheed-Built F-35s, Boeing Chinook Helicopters

F-35

Turkey plans to purchase additional four Lockheed Martin (NYSE: LMT)-built F-35s through a foreign military sale agreement with the U.S. government, Daily Sabah reported Thursday. Prime Minister Ahmet Davutoglu said Turkey also wants to procure 100 F-35 fighters through 2030 as part of efforts to modernize the Turkish air force. ...

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Report: Israel to Place 2nd Lockheed F-35 Order

F-35

Israel will order 25 Lockheed Martin (NYSE: LMT) F-35A fighters in addition to the 19 jets the nation committed to buy in 2010 from the U.S. government, Defense News reported Wednesday. Aaron Mehta writes the government of Israel ordered a first set of Lockheed-built conventional takeoff and landing fighters four ...

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Report: DoD, Lockheed Forge $4B Deal on 8th F-35 Production Batch

F-35

Lockheed Martin (NYSE: LMT) and the U.S. Defense Department have struck a $4 billion agreement for the company to build 43 additional F-35 jets, Reuters reported Thursday. Andrea Shalal writes the agreement for the F-35 program’s eighth batch seeks to lower the fighter’s cost by as much as 3 percent ...

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Orlando Carvalho: Lockheed, DoD Close to Finalizing F-35 Batch 8 Deal

Orlando Carvalho

Lockheed Martin (NYSE: LMT) and the Defense Department could settle on their negotiations for the eight batch of F-35 fighters in the coming days or weeks, Reuters reported Wednesday. Andrea Shalal writes the contract is worth an estimated more than $4 billion for the company to manufacture 43 F-35s. “We ...

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Report: Boeing, Lockheed Seen as Frontrunners for Canadian Fighter Contract

F-35

The government of Canada might choose between Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) to supply the nation with fighter jets, Reuters reported Thursday. Reuters reports that Boeing’s F-18 Super Hornet and Lockheed’s F-35 have been deemed as suitable platforms to meet the requirements set forth by the Canadian ...

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