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Tag Archives: F-35

MBDA Secures 3 UK Missile Contracts Worth $689M Total

The U.K.’s ministry of defense has awarded MBDA three contracts worth $689 million combined to produce and maintain various missile systems for the British armed forces. MBDA will supply Meteor and Common Anti-air Modular Missile weapons as well as maintain Sea Viper missiles in support of various ships and aircraft, the ministry said Friday. The company secured a …

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Lockheed Gets $373M Contract Modification to Build F-35 Variants for Non-DoD Participants

Lockheed Martin (NYSE: LMT) has received a $372.9 million contract modification from the U.S. Navy to produce F-35A and F-35B variants and conduct deficiency correction efforts for non-Defense Department participants. DoD said Monday the modification falls under a previously awarded advance acquisition contract for low-rate initial production of lot 10 F-35s. The company received a $1.28 billion …

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Lockheed Gets $129M F-35 Core Processor Order Modification

Lockheed Martin‘s (NYSE: LMT) aeronautics business has secured a two-year, $129.4 million delivery order modification from the U.S. Navy to perform additional work on the TR-3 integrated core processor and related subsystems for the F-35 program. The Defense Department said Wednesday work under the modification seeks to address diminishing manufacturing sources challenges in the production of lot 15 F-35s …

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BAE to Lead F-35 Sustainment in UK Under Subcontract From Lockheed

TYSONS CORNER, VA, April 4, 2017 — Lockheed Martin (NYSE: LMT) has awarded an estimated $50 million subcontract to BAE Systems for support to the F-35 fighter jet fleet in the U.K., ExecutiveBiz reported Monday. BAE said Friday it will work with Lockheed to provide engineering, technical, training, maintenance and supply chain management …

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ACT I Secures Booz Allen Subcontract for F-35 Program Office Engineering Support; Michael Niggel Comments

Advanced Concepts and Technologies International has secured a potential five-year subcontract from Booz Allen Hamilton (NYSE: BAH) to provide engineering services to the Naval Air Systems Command in support of the F-35 joint strike fighter program office. Booz Allen awarded the subcontract under a task order the company received through the …

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Navy Awards Lockheed $582M F-35 Air Vehicle Spares Delivery Order

Lockheed Martin (NYSE: LMT) has secured a four-year, $581.8 million delivery order from the U.S. Navy to supply air vehicle initial spares for the F-35 program. The Defense Department said Friday the order covers F-35 common spares; F-35A, F-35B and F-35C unique spares; aloft spares packages/deployment spares packages and reprogramming lab spares in support of the …

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Lockheed Plans New Johnstown, PA Facility for F-35 Parts Production; Ed Sheehan Comments

TYSONS CORNER, VA, March 27, 2017 — A subsidiary of Lockheed Martin (NYSE: LMT) will lease a 35,000-square-foot facility in Johnstown, Pennsylvania, as part of company plans to expand production of F-35 parts and components, ExecutiveBiz reported Friday. The Tribune-Democrat reported Friday Lockheed’s AeroParts business also aims to deploy more equipment and open at …

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Report: Lockheed Aims to Save $5B on F-35 Program Amid Lot 11 Contract Negotiations

Lockheed Martin (NYSE: LMT) has initiated talks with suppliers to generate $5 billion in cost savings on the F-35 program as the company negotiates a contract to produce the 11th batch of fighter jets, Bloomberg reported Tuesday. Julie Johnsson and Anthony Capaccio write Lockheed CEO Marillyn Hewson, also an inductee into …

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Lockheed Martin Eyes Belgium, Spain & Switzerland as Potential F-35 Buyers

TYSONS CORNER, VA, March 7, 2017 — Lockheed Martin (NYSE: LMT) is in talks with Belgium, Spain and Switzerland for the countries’ potential purchase of F-35 fighter aircraft, ExecutiveBiz reported Monday. Defense World reported Friday Jeff Babione, executive vice president and general manager of Lockheed’s F-35 program, told reporters at the Avalon …

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ACT I Names Corey Gomez to Senior Contract Project Manager Post

Corey Gomez, a program manager at Advanced Concepts and Technologies International, has been appointed to serve as a senior contract project manager at ACT I to oversee the company’s multiple Defense Department contracts. ACT I said in a press release that Gomez will continue to offer more than 16 years worth of …

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