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Tag Archives: F-35

Lockheed, DoD Finalize $11.5B Contract for Lot 11 F-35s; Greg Ulmer Quoted

Lockheed Martin (NYSE: LMT) and the Defense Department have sealed a potential $11.5B deal for the company to build 141 lot 11 F-35 fighter jets for the U.S. and foreign allies. The contract includes the delivery of 91 low-rate initial production F-35s for U.S. service branches, 28 jets for international partners and …

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Cubic to Deliver Air Combat Training System for Lockheed’s F-35; Dave Buss Quoted

TYSONS CORNER, VA, September 26, 2018 — A Cubic (NYSE: CUB) business unit has secured a contract from Lockheed Martin (NYSE: LMT) to provide air combat training technology for the latter’s F-35 Lightning II Lots 12 to 14 aircraft, ExecutiveBiz reported Thursday. Cubic Global Defense will supply an estimated 500 F-35 …

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UTC’s Pratt & Whitney to Maintain, Sustain F-35 Units Under $266M DoD Contract

United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary has landed a $266M contract to sustain F-35 aircraft of the U.S. Navy, U.S. Marine Corps, U.S. Air Force, non-Defense Department users and foreign military sales customers. The Navy-awarded contract provides for non-recurring sustainment support; depot activation supplies, planning and services; maintenance equipment; and engines and …

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Lockheed Gets $250M Contract Modification for Lot 11 F-35 Tools, Test Equipment

Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a $250.4M U.S. Navy contract modification to provide special tools and test equipment for the eleventh batch of F-35s. The modification is composed of purchases from Navy, U.S. Marine Corps, U.S. Air Force, foreign military sales customers and international partners, the Defense Department …

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Report: DoD to Award $11B Contract for 11th Batch of Lockheed F-35s

Lockheed Martin (NYSE: LMT) could receive a potential $11 billion contract from the Defense Department in early September to produce 141 lot 11 F-35 jets for the U.S. military and foreign partners, Bloomberg reported Wednesday. The Defense Contract Management Agency told the publication that there have been delays in the delivery of 209 of the …

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Lockheed Receives $302M F-35 Ancillary Mission Equipment Delivery Order

The Naval Air Systems Command has awarded Lockheed Martin (NYSE: LMT) a $302 million delivery order to obtain ancillary mission equipment for the 12th F-35 aircraft batch. The Defense Department said Friday the company will use the funds to procure low-rate initial production lot 12 aircraft equipment for the U.S. Navy, Air Force, Marine Corps, non-DoD participants and foreign …

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Lockheed Receives $172M Lot 11 F-35 Contract Modification

Lockheed Martin (NYSE: LMT) has received a $171.7 million U.S. Navy contract modification for the low-rate initial production of lot 11 F-35 aircraft. The award covers diminishing manufacturing sources redesign efforts for the air system and work will occur through January 2024 in Fort Worth, Texas, the Defense Department said Tuesday. DoD …

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Northrop Reports 10% Rise in Q2 2018 Sales; Wes Bush Comments

Northrop Grumman (NYSE: NOC) posted $7.1 billion in sales for the second quarter of fiscal 2018, up 10 percent from the same period last year. The company said Monday it recorded $689 million in Q2 net earnings, showing a 24 percent increase from the prior year period, and saw its backlog …

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Cubic Exhibits Training Systems at Farnborough Airshow; Dave Buss Comments

TYSONS CORNER, VA, July 19, 2018 — Cubic’s (NYSE: CUB) global defense division is showcasing its air combat and live, virtual and constructive training technologies at the 2018 Farnborough International Airshow that runs through July 22 in the U.K., ExecutiveBiz reported July 12. The company said July 12 the systems it …

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Raytheon, Air Force Plan Operational Tests on StormBreaker Bomb in Summer

TYSONS CORNER, VA, July 17, 2018 — Raytheon (NYSE: RTN) and the U.S. Air Force will move forward to the operational testing phase in summer on the second increment of the Small Diameter Bomb after concluding operational test readiness assessment earlier this year, ExecutiveBiz reported Monday. The company said Monday the StormBreaker …

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