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Tag Archives: F-35

DoD Estimates F-35 Program Costs to Spike to $406 Billion

The Pentagon’s most expensive  F-35 fighter jet program is expected to become even more pricey as costs spike nearly 7 percent to $406.5 billion. There is at least $27 billion in overruns, according to a draft of the Selected Acquisition Report to be submitted this week to Congress obtained by Bloomberg. …

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Pratt & Whitney to Provide Initial Lot 11 F-35 Propulsion System Spares Under $340M Award

United Technologies Corp.‘s (NYSE: UTX) Pratt & Whitney subsidiary has received a three-year, $339.6 million contract modification from the U.S. Navy to provide initial spares for the F-35 propulsion system. The Defense Department said Friday Pratt & Whitney will supply initial spare modules, parts and engines in support of the low-rate initial …

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Harris Receives Award as Component Supplier for Lockheed’s F-35, F-22 Aircraft

TYSONS CORNER, VA, June 30, 2017 — Harris (NYSE: HRS) has received recognition from Lockheed Martin (NYSE: LMT) for its work as a supplier of pneumatic suspension and release systems for the latter’s F-35 and F-22 fighter aircraft, GovCon Executive reported Thursday. The supplier award is based on criteria such as a 98-percent …

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Harris to Supply Data Storage, Cockpit Display Tech for Lockheed Martin’s F-35

TYSONS CORNER, VA, June 20, 2017 — Lockheed Martin (NYSE: LMT) has tapped Harris (NYSE: HRS) to provide the Aircraft Memory System and Panoramic Cockpit Display Electronic Unit for the F-35 aircraft’s mission system avionics, ExecutiveBiz reported Monday. Harris said Monday its technologies will work to build on the fighter jet’s data storage, …

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Report: Lockheed, 11 Countries In Talks Over $37B F-35 Procurement

Lockheed Martin (NYSE: LMT) is in talks with the U.S. and 10 other countries over a potential contract worth at least $37 billion for the manufacturer to deliver a total of 440 F-35 fighter aircraft, Reuters reported Sunday. Sources told Reuters the multi-year transaction will consist of three portions from fiscal 2018 …

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Lockheed Martin Open to Continued Cooperation with Japanese Industry for the F-35 Program

After the successful unveiling of the Mitsubishi Heavy Industries’ first Japanese-assembled F-35A on June 5th,  Lockheed Martin has stated that it is open to further cooperation and expansion with Japanese industry for producing more F-35 Lightning II Joint Strike Fighter aircraft in Japan, IHS Janes reported. MHI constructed the F-35A primarily with …

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Lockheed Martin Partner in Japan Rolls Out 1st Locally Assembled F-35A

TYSONS CORNER, VA, June 7, 2017 — Lockheed Martin (NYSE: LMT) has unveiled the first Japan-assembled F-35A fighter aircraft during a ceremony held at the Mitsubishi Heavy Industries-run F-35 final assembly and check out facility in Nagoya, ExecutiveBiz reported Tuesday. The aircraft is the first of 38 F-35As that will roll …

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ANSER Subsidiary Enters Cooperative Deal with AFRL-Sponsored Consortium

Advanced Technology International, an Analytical Services (ANSER) subsidiary, has inked a cooperative deal with a U.S. Air Force Research Laboratory-sponsored consortium which created a collaborative contract vehicle worth a potential $333 million. ANSER said Thursday the Metals Affordability Initiative was established to consolidate resources within the government and industry in a push …

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Northrop to Provide Air Force AESA Radars, Support Services Under $244M Contract

Northrop Grumman (NYSE: NOC) has been awarded a $243.9 million contract to supply 72 Active Electronically Scanned Array radars, spares and support services to the U.S. Air Force. The Defense Department said Wednesday the company will perform contract-related work in Linthicum Heights, Maryland, and is scheduled to finish Jan. 31, 2019. The Air Force Life Cycle …

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Lockheed Martin Wins $19.8 Million for Work on F-35 Fighters

Lockheed Martin Corp. ‘s (LMT) business unit, Aeronautics, won a $19.8 million contract modification for work on the F-35 aircraft memory system and panoramic cockpit display. This will help recover diminishing manufacturing sources projected under the 15th Lot production of the F-35 aircraft, reports Nasdaq.com.  Forty percent of the contracted …

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