Tag Archives: F-35

Frank Kendall: Lockheed, DoD Closing in on New F-35 Contract

An agreement between Lockheed Martin (NYSE: LMT) and the Defense Department on the fifth batch of F-35 fighter jets is close to completion, Defense Undersecretary Frank Kendall told Reuters Wednesday. Kendall, undersecretary for acquisition, technology and logistics, told Andrea Shalal-Esa he met with Lockheed President and Chief Operating Officer Marillyn …

Read More »

Lockheed Continues USMC F-35 Deliveries; Bob Stevens Comments

Lockheed Martin (NYSE: LMT) has delivered three F-35 short takeoff and vertical landing fighter jets to the U.S. Marine Corps, the company announced Tuesday. These three jets increase the Marine Corps’ total number of STOVL aircraft to 16, with the total number of F-35s delivered in 2012 now at 20. …

Read More »

F-35 Program Office Opening Sustainment Competition, Potential $1T in Play

More than 100 defense contractors will be in Washington for three days starting Nov. 14 at a government-hosted industry day on sustainment of the Lockheed Martin-made (NYSE: LMT) F-35 fighter jet, Defense News reports. According to the story by Aaron Mehta and Marcus Weisgerber, sustainment costs could reach $1 trillion …

Read More »

Lockheed to Provide Long-Lead Parts for 4 F-35s

Lockheed Martin (NYSE: LMT) has won a $28.62 million contract modification to provide long lead-time parts, material and components needed for the F-35 fighter jet, the Defense Department announced Tuesday. This modification covers parts needed to carry out the delivery schedule of four F-35 conventional takeoff and landing jets for …

Read More »

Report: Lockheed, Pentagon F-35 Talks Reach ‘Senior’ Level

Discussions between Lockheed Martin (NYSE: LMT) and Defense Department officials on a fifth set of F-35 jets have advanced to a senior level, Reuters reports. A source told Andrea Shalal-Esa the two sides are not far apart in negotiations, with the difference between the two sides at about $100 million, …

Read More »

Report: Pentagon Considering Open F-35 Supply Chain, Equipment Competitions

The Defense Department plans to hold industry days Nov. 14 and Nov. 15 as it considers holding open competitions for sustainment work on the Lockheed Martin-made (NYSE: LMT) F-35 jet, Aviation Week reports. According to the report, the seminars will focus on possible opportunities to compete for work in supply …

Read More »

Lockheed Wins $206M for Israel F-35 Hardware, Software

Lockheed Martin (NYSE: LMT) has won a $206, 821, 828 U.S. Navy contract modification to develop and demonstrate hardware and software for the F-35 fighter jet, the Defense Department announced Tuesday. This modification covers the first increment of a system development and demonstration phase for a foreign military sales agreement …

Read More »

Report: Israel On Way to Signing $2.7B Lockheed F-35 Deal

Israel will provide electronic warfare equipment for the Lockheed Martin-made (NYSE: LMT) F-35 jet under a $450 million agreement, Aviation Week reports. This agreement puts the country closer to signing a 19-jet, $2.75 billion purchase of the F-35 from the U.S. through a foreign military sale, David Eshel and David …

Read More »

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 …

Read More »

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 …

Read More »