Tag Archives: F-35A

Lockheed Martin (NYSE: LMT) and the Department of Defense have reached a “handshake agreement” for the company to build 157 low rate initial production lot 12 F-35 fighter aircraft with options for LRIP lots 13 and 14.

Lockheed Martin (NYSE: LMT) and the Defense Department have sealed a potential $11.5B deal for the company to build 141 lot 11 F-35 fighter jets for the U.S. and foreign allies. The contract includes the delivery of 91 low-rate initial production F-35s for U.S. service branches, 28 jets for international partners and …

Lockheed Martin (NYSE: LMT) and the Defense Department have reached a “handshake agreement” for the company to produce 141 F-35 fighter aircraft for the U.S. and foreign partners, Defense News reported Sunday. Ellen Lord, defense undersecretary for acquisition and sustainment, said in a statement the joint program office and Lockheed are …

Japan plans to purchase over 20 additional Lockheed Martin-built (NYSE: LMT) F-35A fighter jets from the U.S. in the next six years, Reuters reported Tuesday. Sources said the East Asian country may directly procure F-35A conventional takeoff and landing variant from the U.S. for approximately $100 million each through a transaction …

The State Department has approved Belgium’s request to buy 34 Lockheed Martin-built (NYSE: LMT) F-35A conventional take-off and landing fighter aircraft from the U.S. government under a potential $6.53 billion foreign military sales agreement. Lockheed and United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary will serve as prime contractors in …

Navy Vice Adm. Mathias Winter, head of the F-35 joint program office, has said he expects JPO to close a deal with Lockheed Martin (NYSE: LMT) for lot 11 F-35 Lightning II aircraft by Oct. 15, Defense News reported Thursday. Winter told reporters Wednesday after his speech at the Defense News Conference the …

Lockheed Martin (NYSE: LMT) has received a potential $3.69 billion contract modification from the U.S. Navy for the low-rate initial production of 50 lot 11 F-35 Lightning II aircraft for foreign military sales clients. The modification covers the production of 22 F-35A jets for FMS customers, eight F-35As for the Netherlands, six F-35As for Norway, four …

The Marines plan to add 13 F-35s to their program, bringing the total to 2,456 jets, according to the latest figures included in the 2017 annual Selected Acquisition Report. The program’s acquisition costs rose to $406.5 billion from $379 billion, below SAR estimates, according to the report. Some of the …

The Pentagon’s most expensive  F-35 fighter jet program is expected to become even more pricey as costs spike nearly 7 percent to $406.5 billion. There is at least $27 billion in overruns, according to a draft of the Selected Acquisition Report to be submitted this week to Congress obtained by Bloomberg. …

Lockheed Martin (NYSE:LMT) has received a potential $5.58 billion contract modification from the U.S. Navy for the low-rate initial production of lot 11 fiscal 2017 F-35 Lightning II aircraft. The modification covers the production of 48 F-35As for the U.S. Air Force, 18 F-35Bs for the U.S. Marine Corps and eight F-35Cs for …