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Tag Archives: F-35

Lockheed Martin Builds First of 33 F-35A Jets for Israel

TYSONS CORNER, VA, January 12, 2016 — Lockheed Martin (NYSE: LMT) has begun the assembly of the four major structural components of Israel’s first F-35A aircraft at a facility in Texas ahead of its delivery in late 2016, ExecutiveBiz reported Monday. The company said Sunday the first of 33 F-35A Adir conventional takeoff …

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Lockheed Martin Fulfills 2015 F-35 Delivery Goal

TYSONS CORNER, VA, December 28, 2015 — Lockheed Martin (NYSE: LMT) has met its F-35 delivery goal for 2015, which consists of 45 fighter jets manufactured under the $391 billion fighter jet project, ExecutiveBiz reported Wednesday. Reuters reported Tuesday the company is gearing for an increased production and is set to receive related performance …

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Lockheed Gets $1.2B Contract for F-35 Parts, Materials Procurement

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a four-year, $1.17 billion advance acquisition contract to obtain long-lead materials, components and parts necessary for the manufacture of low-rate initial production lot 11 F-35s. The Defense Department said Monday that Lockheed will use the long-lead items to build 80 F-35A …

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M1 Support Services Wins $305M Contract for O&M Services at Nellis AFB

M1 Support Services has won a $304.97 million contract for operations and maintenance services at the U.S. Air Force’s Nellis aircraft maintenance base in southern Nevada. The company will work to maintain A-10, F-15, F-16, F/A-22 and F-35 aircraft at the Nellis Air Force Base and perform backshop maintenance support …

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Pratt & Whitney Gets $215M Contract Modification for F-35 Sustainment Work

A United Technologies Corp. (NYSE: UTX) subsidiary has been awarded a $214.6 million contract modification by the U.S. Navy to provide F-35 hardware sustainment services to domestic and foreign military customers. The Defense Department said Wednesday that Pratt & Whitney will help sustain propulsion systems and deliver training materials in support of low-rate initial production lot 10 …

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Northrop Buys F-35 In-Flight Opening Doors From Fokker Under $107M Deal

TYSONS CORNER, VA, November 24,  2015 — Northrop Grumman (NYSE: NOC) has ordered $106.8 million in F-35 in-flight opening doors from the Fokker Technologies division of GKN Aerospace, ExecutiveBiz reported Friday. Fokker said Thursday the opening doors are for the Lockheed Martin-built (NYSE: LMT) F-35 aircraft in lots 10 and 11 …

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Michael Niggel: ACT I to Continue Support for Govt as FMS Activity Remains Strong

TYSONS CORNER, VA, November 23,  2015 — Michael Niggel, CEO of Advanced Concepts and Technologies International, believes foreign military sale activities particularly for the F-35 will continue to grow as the U.S. government builds on strategic alliances and logistics or sustainment support for partners. Niggel told ExecutiveBiz in an interview posted Tuesday the …

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Weekly Roundup Nov 16 – Nov 20 2015: A Post-Paris Look at the Global Arms Trade & More

Weekly Roundup Nov 16 – Nov 20 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Investors made a sharp turn this week to defense and other government contracting stocks after the Friday Paris attacks in anticipation of increased activity in the global weapons market. The GovCon …

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Weekly Roundup Nov 2 – Nov 6 2015: The Numbers Behind Record-Breaking M&A Year, CSC’s US Govt Spinoff Moves Forward & More

Weekly Roundup Nov 2 – Nov 6 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson While government agencies continue to operate at the established levels and tightly control the dollars they have on hand, the stock market is jumping in anticipation …

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Lockheed Awarded $5B Modification on F-35 Production Contract with Navy

Lockheed Martin (NYSE: LMT) has been awarded a potential $5.4 billion contract modification to provide a total of 55 F-35 low-rate initial production fighter planes to multiple domestic and international defense customers. The award modifies a previously received LRIP Lot 9 advance acquisition contract, and about $625 million in fiscal 2016 U.S. military aircraft procurement funds …

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