Tag Archives: fighter jet

The Senate on Tuesday proposed a $1.4T spending package that includes $696B in defense appropriations for fiscal year 2021, Defense News reports. Senators must reconcile the upper chamber's 12-bill package with the House, which passed in July a $694.6B defense spending bill for FY 2021 as part of a $1.3T package, and reach a deal before a continuing resolution expires on Dec. 11 to avoid a government shutdown.

The State Department informed Congress it approved the United Arab Emirates’ request to buy 50 Lockheed Martin-built (NYSE: LMT) F-35 fighter jets under a potential $10B deal, Reuters reported Friday. The potential foreign military sales deal will move to an informal review by the House Foreign Affairs and Senate Foreign Relations committees.

Lockheed Martin (NYSE: LMT) has received a potential 10-year, $62B contract from the U.S. Air Force to build F-16 fighter aircraft for foreign military sales clients.

The U.S. Air Force has awarded Boeing (NYSE: BA) a potential $22.9B contract to design and build F-15EX fighter aircraft.

The State Department has cleared Japan’s request to buy 105 units of Lockheed Martin-built (NYSE: LMT) F-35 fighter jets, Pratt & Whitney-made aircraft engines and related equipment and services under a potential $23.11B foreign military sales agreement.

Lockheed Martin (NYSE: LMT) has agreed with the International Association of Machinists and Aerospace Workers to implement an alternate work schedule to continue to staff the F-35 production line in Fort Worth, Texas, in response to supplier delays due to the coronavirus pandemic.

A defense minister said Poland is set to finalize an agreement to buy 32 units of the Lockheed Martin-built (NYSE: LMT) F-35 Lightning II fighter aircraft from the U.S. government in late January, Defense News reported Thursday.

The Raytheon-built (NYSE: RTN) AIM-120C-7 medium air-to-air missile and the F-16 fighter jet from Lockheed Martin (NYSE: LMT) were the most popular weapon systems the U.S. sold to allies in fiscal year 2019 through the foreign military sales program, Bloomberg Government reported Wednesday.

Lockheed Martin’s (NYSE: LMT) aeronautics business has received a potential four-year, $172.2M contract to supply parts and long-lead materials for use in the production of 28 lot 15 F-35 fighter planes for the U.S. Navy and the U.S. Marine Corps.

The U.S. Air Force has awarded L3Harris Technologies (NYSE: LHX) and Northrop Grumman (NYSE: NOC) other transaction agreements to develop and demonstrate electronic warfare system prototypes for the service branch’s F-16 fighter jets.