Search Results for: F-35

Report: Lockheed, DCMA Agree on $71M F-35 Program Refund

Lockheed Martin (NYSE: LMT) will provide services worth approximately $71 million to the F-35 program under a compensation agreement reached with the Defense Contract Management Agency in January, Bloomberg reported Tuesday. The settlement covers refund for Lockheed’s fighter aircraft parts deliveries between 2015 and early 2020 that were deemed inadequate …

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Report: UAE Inks Purchase Deal With US for F-35 Jets, Drones

The U.S. and the United Arab Emirates have signed an agreement for the UAE to buy 50 Lockheed Martin-built (NYSE: LMT) F-35 fighter jets and up to 18 drones, Reuters reported Thursday. The F-35s are part of a potential $23 billion deal that includes the procurement of high-tech weapons systems …

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R. Clark Cooper: Potential $23B Deal With UAE for F-35 Jets, Other Weapons Could Be Signed Before Jan. 20

R. Clarke Cooper, assistant secretary of state for political-military affairs, said the U.S. government is expected to sign a potential $23.37B deal for the sale of Lockheed Martin-built (NYSE: LMT) F-35 fighter jets, drones and other weapons systems to the United Arab Emirates before the Trump administration ends, Defense News …

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State Dept OKs Potential $10B Sale of Lockheed-Made F-35s to UAE

F-35 Lightning II

The State Department informed Congress it approved the United Arab Emirates’ request to buy 50 Lockheed Martin-built (NYSE: LMT) F-35 fighter jets under a potential $10B deal, Reuters reported Friday. The potential foreign military sales deal will move to an informal review by the House Foreign Affairs and Senate Foreign Relations committees.

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