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Tag Archives: F-35

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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Lockheed Wins $4B to Deliver 30 F-35 Aircraft for Navy, Marines, Air Force

The U.S. Navy has awarded Lockheed Martin‘s (NYSE: LMT) aeronautics company a $4, 011, 919, 310 contract modification to manufacture and deliver 30 Low Rate Initial Production Lot V F-35 Joint Strike Fighter aircraft for the Navy, U.S. Air Force and U.S. Marine Corps. A Defense Department announcement says the modification …

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Lockheed Pursues $8B Japanese Contract with F-35 Fleet

Lockheed Martin (NYSE: LMT) will offer a final assembly of 40 F-35 Joint Strike Fighters to Japanese firms in an attempt to secure a $8 billion contract. Lockheed has also indicated that it will offer manufacture of major components, maintenance work and engine assembly of the F-35 to Japanese firms. …

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Lockheed Wins $187M for Joint Strike Fighter Engineering

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $187 million contract modification to provide system engineering sustainment activities. Contract work will meet the requirements and delivery schedule of the low rate initial production, lot five, F-35 Joint Strike Fighter. Work is expected to be completed in May 2012. …

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Lockheed Martin Registers Massive $3.5 Billion F-35 Contract; 3 Other Deals

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $3, 485, 385, 767 modification to a previously awarded cost-plus-incentive-fee contract (N00019-09-C-0010).  This modification converts contract type for the efforts described below from a cost-plus-incentive-fee to a fixed-price-incentive (firm target) for the manufacture and delivery of …

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Lockheed Scores $800 Million F-35 JSF Deal

According to the Department of Defense, “Lockheed Martin (NYSE: LMT)  is being awarded an $819, 647, 920 cost-plus-incentive-fee modification to a previously awarded advance acquisition contract (N00019-09-C-0010) for special tools/test equipment required in support of the F-35 Joint Strike Fighter (JSF) air system low-rate initial production Lot IV production.  Work …

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