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Tag Archives: F-35

Lockheed Wins $209M For Navy F-35 Spares

Lockheed Martin (NYSE: LMT) has won a $209.8 million contract modification to provide the U.S. Navy spares for F-35 jets, the Defense Department announced Monday. The company’s aeronautics unit will deliver the spares for 32 low rate initial production, lot five jets and the Pentagon expects delivery to finish by …

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Report: Pentagon Using New Pricing Data In Lockheed F-35 Talks

Lockheed Martin Corp. (NYSE: LMT) and the Defense Department are getting closer to a new agreement for 32 F-35 Joint Strike Fighter aircraft, the Pentagon’s top weapons buyer said, Defense News reports. Frank Kendall, undersecretary for acquisition, technology and logistics, said the Pentagon is using new pricing data to estimate …

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Lockheed Delivers Four Aircraft for DoD’s F-35 Program; Orlando Carvalho Comments

Lockheed Martin has delivered four F-35 Lightning II aircraft to the U.S. Air Force and Marine Corps, the company announced today. Orlando Carvalho, Lockheed’s executive vice president and general manager for the F-35 Program, said the delivery is a significant development  in the program. The operational aircraft now outnumber the test …

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Japan Makes $756M Lockheed F-35 Buy

Japan has ordered four Lockheed Martin-made (NYSE: LMT) F-35 jets from the U.S. for an estimated $756.53 million, Reuters reports. According to the report, the countries signed the agreement Friday for four initial conventional takeoff-and-landing aircraft and associated equipment, costing nearly $128.61 million per plane. Two simulators and the other …

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Report: Lockheed, Boeing Competing For $7B South Korea Fighter Jet

Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA) have submitted their bids for a $7 billion South Korean fighter jet contract, Bloomberg reports. Lockheed’s F-35 and Boeing’s F-15 Silent Eagle are among the competitors, South Korea’s Defense Acquisition Program Administration said, according to Sangwon Yoon and Kyunghee Park. The country …

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Lockheed Wins $489M For Lot Seven F-35 Parts

Lockheed Martin (NYSE: LMT) has won a $489, 528, 000 contract from the U.S. Navy to deliver F-35 aircraft parts, the Defense Department announced Friday. Lockheed’s aeronautics company will provide long lead-time parts, materials and components needed for lot seven of low rate initial production F-35 jets. Included in the …

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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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Vice Adm. David Venlet: Testing Key in Next Lockheed F-35 Contract

The Defense Department will place increased emphasis on testing before awarding Lockheed Martin Corp. (NYSE: LMT) a planned contract for six F-35 jets, Bloomberg reports. Tests will evaluate progress on software development and assembly, among other items. For specifics, check out more coverage on TheNewNewInternet. The Bethesda, Md.-based contractor has agreed …

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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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Potential $10B Lockheed F-35 Japan Sale In The Works; Dave Scott Comments

The U.S. Defense Security Cooperation Agency is exploring a potential $10 billion foreign military sale with Japan for Lockheed Martin’s (NYSE: LMT) F-35 jet. In a May 1 press release, DSCA said the F-35 conventional take-off and landing variant will replace Japan’s existing F-4EJ Kai Phantoms, built by Mitsubishi. The …

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