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Lockheed Awarded $920M to Build 94 F-35s for US, Foreign Military Customers


Lockheed Martin‘s (NYSE: LMT) aeronautics business will manufacture a total of 94 F-35 Lightning II low-rate initial production fighter jets for several domestic and foreign military customers under a $920.3 million advanced acquisition contract. The Defense Department said Thursday the company will also provide parts, materials and components for the 78 F-35A, 14 …

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State Dept Clears $345M Norway Sidewinder Missile Sale


The State Department has approved Norway’s request to purchase $345 million in AIM 9X Block II Sidewinder missiles and related components from the U.S. through a foreign military sales transaction. The Defense Security Cooperation Agency said Wednesday Norway plans to use the missiles to modernize its armed forces, build up its mutual defense …

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Norway Confirms $10B Lockheed F-35 Buy

Norway has confirmed an estimated $10 billion purchase of Lockheed Martin-made (NYSE: LMT) F-35 jets, the country’s defense ministry announced Friday. The government authorized an initial order of two planes, followed by another pair in 2016 and 48 more jets will arrive in the country after 2017. According to the …

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Norway Proposes $300M Lockheed C-130 Foreign Sale

Norway wants to acquire two Lockheed Martin-made (NYSE: LMT) planes through an estimated $300 million foreign military sales agreement, the Defense Security Cooperation Agency has told Congress. In a June 7 notice, DSCA said Norway has proposed to buy two C-130J U.S. Air Force planes, associated parts, equipment, logistical support …

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Report: Norway to Buy More Lockheed F-35 Jets

Lockheed Martin (NYSE: LMT) could receive orders sooner than expected to produce additional F-35 jets for Norway, Reuters reports. The Norwegian government released a white paper Friday, outlining revised plans to purchase four additional F-35 Joint Strike Fighter planes and training jets. The country will purchase 52 of the planes, including four training …

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ITT Wins Deal to Support Norway Sub Fleet

ITT (NYSE: ITT) picked up a deal from the Norwegian Defense Logistics Organization to provide six tactical radar Electronic Support Measures (ESM) and surveillance systems for its Ula Class submarines. According to the firm, “ESM systems play an important role in a submarine’s defenses. By monitoring electromagnetic energy, the crew …

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