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Tag Archives: fighter aircraft

Lockheed, DoD Finalize $11.5B Contract for Lot 11 F-35s; Greg Ulmer Quoted

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 …

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Boeing Names 8 Potential International Clients for Block III Super Hornet

TYSONS CORNER, VA, May 25, 2018 — Boeing (NYSE: BA) has named eight potential clients for the latest configuration of its F/A-18 Super Hornet fighter aircraft, ExecutiveBiz reported Thursday. Dan Gillian, vice president of F/A-18 programs at Boeing, said potential orders from Bulgaria, Canada, Finland, Germany, India, Japan, Poland and …

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Elbit Systems Secures $93M F-5 Aircraft Upgrade Contract From APAC Customer

Elbit Systems has received a potential three-year, $93 million contract to modernize a fleet of F-5 fighter aircraft for an undisclosed Asia-Pacific country. The company said Tuesday the upgrade will cover head-up displays, advanced cockpit, radars, DASH IV head mounted systems and weapon delivery and navigation systems. Yoram Shmuely, general manager of …

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USAF Posts ‘Sources Sought’ Notice for Hyper-Sonic Air-Launched Strike Weapon

The U.S. Air Force Materiel Command (AFMC) issued a Sources Sought notice on Thursday for a rapidly fielded and developed hyper-sonic, conventional air-launched strike weapon, Janes reported. Capabilities statements are being sought from potential sources “that are capable of accomplishing systems integration of all the elements of a hyper-sonic, conventional …

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Canada Sends Procurement Request for Interim Fleet of Boeing-Built F-18 Fighters

TYSONS CORNER, VA, March 17, 2017 — Boeing (NYSE: BA) could soon supply Canada with 18 F-18 Super Hornet aircraft if the U.S. government approves a request for the procurement of the jets as an interim Canadian fighter fleet, ExecutiveBiz reported Thursday. The government of Canada said Tuesday the requested F-18s will supplement its …

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Lockheed Gets $450M Contract Modification to Continue F-35A Air System Integration for South Korea

Lockheed Martin (NYSE: LMT) has been awarded a $450 million contract modification by the U.S. Navy to continue integration work on the F-35A air system for South Korea as part of a foreign military sales deal. The Defense Department said Thursday the modification also covers non-recurring engineering services and falls under a previously awarded advance …

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Trump Asks Boeing for Super Hornet Competing Price Following Comments on F-35 Cost

President-elect Donald Trump has asked Boeing (NYSE: BA) to quote a competing price for its F-18 Super Hornet fighter aircraft citing cost overruns in the Lockheed Martin-built (NYSE: LMT) F-35 jet, Bloomberg reported Thursday. Anthony Capaccio and Alex Wayne write Trump made the announcement in a Twitter post Thursday a day after he …

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Lockheed Gets $1.3B Upfront DoD Payment to Begin Lot 10 F-35 Production

The Defense Department has paid Lockheed Martin (NYSE: LMT) an upfront fee of $1.28 billion to bankroll the 10th batch of F-35 aircraft through a potential $7.19 billion “undefinitized” contract action by DoD, Bloomberg reported Wednesday. Anthony Capaccio writes DoD made the down payment to Lockheed as both parties work to definitize the …

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Lockheed to Modernize South Korea F-16s Under $1.2B USAF Foreign Sales Deal

The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a potential nine-year, $1.20 billion contract to support modernization of South Korea’s fleet of F-16 Fighting Falcon jets. Lockheed will perform the F-16 upgrades as part of a foreign military sales agreement between the governments of the U.S. and South Korea, …

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Reports: DoD Issues $6.1B ‘Unilateral Contract Action’ on 9th Lockheed F-35 Production Batch

The Defense Department has finalized a “unilateral contract” worth more than $6.1 billion to fund Lockheed Martin‘s (NYSE: LMT) low-rate initial production of 57 lot 9 F-35 fighter jets, Reuters reported Wednesday. Mike Stone writes the deal covers 42 F-35As for the U.S. Air Force, Japan, Israel and Norway; 13 F-35Bs for the U.S. Marine Corps and the …

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