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Tag Archives: fighter jet

Report: DoD to Award $11B Contract for 11th Batch of Lockheed F-35s

Lockheed Martin (NYSE: LMT) could receive a potential $11 billion contract from the Defense Department in early September to produce 141 lot 11 F-35 jets for the U.S. military and foreign partners, Bloomberg reported Wednesday. The Defense Contract Management Agency told the publication that there have been delays in the delivery of 209 of the …

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Reports: Lockheed, DoD Reach ‘Handshake’ Deal for Lot 11 F-35s

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 …

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Northrop Begins Full-Rate Production of F-35 Center Fuselage

TYSONS CORNER, VA, July 3, 2018 — Northrop Grumman (NYSE: NOC) has moved to the full-rate production of the center fuselage of the F-35 fighter aircraft built by Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Monday. Northrop said Friday it will manufacture the fuselage at a rate of one per day …

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Lockheed Lands $558M Navy Contract for Lot 11 F-35 Sustainment Support

Lockheed Martin (NYSE: LMT) has received a potential $558.3 million contract from the U.S. Navy to provide sustainment services to support the low-rate initial production of lot 11 F-35 Lightning II fighter jets. The Defense Department said Thursday the sustainment support contract includes training facilities and devices, Autonomic Logistics Information System software …

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Lockheed Taps BAE for Potential $100M F-35 Electronic Warfare Sustainment Contract

Lockheed Martin (NYSE: LMT) has awarded BAE Systems a potential five-year, $100 million contract to provide sustainment support for electronic warfare platforms aboard the F-35 Lightning II fighter jet. BAE said Tuesday it will oversee the supply chain for the EW suite, manage regional warehouses with on-hand EW component inventories …

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Lockheed-Led Team Lands $1.4B F-35 Sustainment Support Contract

A Lockheed Martin-led (NYSE: LMT) industry team has received a potential $1.4 billion contract to provide sustainment support for F-35 fighter jets worldwide. The contract awarded by the F-35 joint program office also covers Automatic Logistics Information System support, predictive health management and data analytics; supply chain logistics; air system maintenance; …

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State Dept Clears Potential $2.91B F-16 Aircraft Sale to Slovakia

The State Department has approved Slovakia’s request to buy 14 F-16 Block 70/72 V configuration aircraft and related equipment and services from the U.S. government through a potential $2.91 billion foreign military sales agreement. Lockheed Martin (NYSE: LMT) will act as the prime contractor in the proposed deal in support of Slovakia’s …

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