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Tag Archives: F-35

Norway Confirms $10B Lockheed F-35 Buy

Norway has confirmed an estimated $10 billion purchase of Lockheed Martin-made (NYSE: LMT) F-35 jets, the country’s defense ministry announced Friday. The government authorized an initial order of two planes, followed by another pair in 2016 and 48 more jets will arrive in the country after 2017. According to the …

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Lockheed Wins $252M For F-35 Configuration Changes

Lockheed Martin Corp. (NYSE: LMT) has won $251, 905, 940 in two U.S. Navy contract modifications to continue development efforts for the F-35 Joint Strike Fighter program, the Defense Department announced Monday. The company will receive $237, 740, 000 to increase concurrency caps for implementing government-authorized changes to conventional take-off and …

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Lockheed Wins $114M for F-35 Hardware, Software Work

Lockheed Martin Corp. (NYSE: LMT) has won $114, 184, 013 in U.S. Navy contract modifications to modify the F-35 jet’s baseline hardware and software, the Defense Department announced Friday. The company received a $68, 284, 013 modification to work on both the Air Force’s conventional takeoff and landing planes and …

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Report: Norway to Buy More Lockheed F-35 Jets

Lockheed Martin (NYSE: LMT) could receive orders sooner than expected to produce additional F-35 jets for Norway, Reuters reports. The Norwegian government released a white paper Friday, outlining revised plans to purchase four additional F-35 Joint Strike Fighter planes and training jets. The country will purchase 52 of the planes, including four training …

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Lockheed Wins $95M for Navy F-35 Production

Lockheed Martin Corp. (NYSE: LMT) won nearly $95 million in U.S. Navy contract modifications for additional F-35 production work, the Defense Department announced Monday. The first award, a $56, 329, 396 cost reimbursement modification, covers sustainment efforts to meet the requirements and delivery schedule for lot five of low rate …

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Lockheed Appoints F-35 Program VP Larry Lawson to Lead Aeronautics Unit

Lockheed Martin Corp. (NYSE: LMT) appointed Larry Lawson as executive vice president of the company’s aeronautics business area, Lockheed announced Thursday. The 32-year aerospace veteran is currently vice president and general manager of the company’s F-35 program. He previously held the same positions for the company’s F-22 program. Lawson has …

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Lockheed Wins $738M for F-35 Production

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) nearly $738 million in contract modifications for low rate initial production of the F-35 Joint Strike Fighter, according to a Pentagon announcement. $485 million for production lot five, including special test equipment and subcontractor technical assistance. This work is expected to …

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Japan Selects Lockheed’s F-35 as Next-Gen Aircraft; 42 Jet Agreement Could Top $4B

The Japanese government has selected Lockheed Martin‘s (NYSE: LMT) F-35, the Joint Strike Fighter,  as Japan’s next-generation fighter aircraft, ending a multi-year vetting process that considered aircraft from several American and European firms. The Wall Street Journal reports Lockheed’s agreement is for 42 jets, which will likely cost Japan more than $4 billion. …

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