Tag Archives: F-35

Lockheed Martin (NYSE: LMT) has received a $90.7M contract modification from the Naval Air Systems Command to create an organic depot repair process for the F-35 integrated core processor. The fixed-price-incentive-fee award combines purchases from the U.S. Air Force, Navy and Marine Corps, the Department of Defense said Thursday. Work …

A report by consulting firm McAleese & Associates says Lockheed Martin (NYSE: LMT) saw its sales in the first quarter of 2019 climb 23 percent to $14.3B primarily driven by sales growth in the company’s aeronautics and missiles and fires control business units. Jim McAleese, founder and principal of McAleese & Associates …

Lockheed Martin (NYSE: LMT) received a $117.1M delivery order modification to provide F-35 air vehicle spares to the U.S. Air Force and U.S. Marine Corps. The company will deliver a deployment and afloat spares package and related consumables as part of the modification awarded by Naval Air Systems Command, the …

A report by McAleese & Associates says Will Roper, assistant secretary of the Air Force for acquisition, technology and logistics, is set to host Friday, April 26, an “open door” with industry on new contractor business models. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote …

KBR’s (NYSE: KBR) government services arm has received two task orders worth $96.5M combined from the U.S. Air Force to provide technical support for the service’s F-35 program and other aircraft platforms. KBRwyle will provide the Air Force Life Cycle Management Center with research, product assistance, analysis, engineering, airworthiness, risk …

A report by consulting firm McAleese & Associates says the total U.S. Air Force budget request for fiscal year 2020 is roughly $205B, including $166B in “blue” funds and another $39B in “non-blue” funds. The service’s proposed FY 2020 budget seeks $46.1B in research, development, test and evaluation funds associated …

McAleese & Associates has released a report on key takeaways from the remarks of Ellen Lord, defense undersecretary for acquisition and sustainment, at a Defense Innovation Board meeting. Lord, a 2019 Wash100 recipient, discussed the need to bifurcate software development from hardware development and cited the Department of Defense’s effort to …

McAleese and Associates has released a report on Lockheed Martin’s (NYSE: LMT) 2019 priorities as discussed by Chief Financial Officer Kenneth Possenriede at a JP Morgan conference on Thursday. Some of the priorities mentioned include the F-35 fighter aircraft program; missiles and fire control sector; hypersonics; and the restart of …

Consulting firm McAleese & Associates has released a report on key takeaways from the speeches of Air Force Secretary Heather Wilson and Will Roper, the service’s acquisition chief, at an Air Force Association symposium that kicked off Thursday in Orlando, Fla. Wilson discussed the need for the service to dominate time, space …

Lockheed Martin (NYSE: LMT) has secured a $108.7M delivery order under a basic ordering agreement from the U.S. Navy to support modification and retrofit work on F-35 air systems delivered to domestic and foreign military sales clients. The company’s aeronautics business will provide non-recurring and recurring engineering, site support and labor …