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Tag Archives: fighter jet

Report: Lockheed, 11 Countries In Talks Over $37B F-35 Procurement

Lockheed Martin (NYSE: LMT) is in talks with the U.S. and 10 other countries over a potential contract worth at least $37 billion for the manufacturer to deliver a total of 440 F-35 fighter aircraft, Reuters reported Sunday. Sources told Reuters the multi-year transaction will consist of three portions from fiscal 2018 …

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Reports: US, Qatar Ink Potential $12B Deal for Boeing F-15 Jets

The U.S. and Qatar have signed a potential $12 billion deal to supply Boeing-built (NYSE: BA) F-15QA fighter jets to the Arab country, Defense News reported Wednesday. A spokesman for the Defense Department said Defense Secretary James Mattis and Khalid al-Attiyah, Qatar’s defense affairs minister, signed a letter to facilitate …

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Air Force F-35A Fighter Jet to Head to Paris Air Show

The Air Force’s F-35A fighter jet will fly at the Paris Air Show in June, although earlier statements from the F-35 Joint Program Office said that the Lockheed Martin fighter jet would not be at the event, The Hill reports. “The F-35A strengthens partnerships and improves regional stability,” Air Force Chief of Staff …

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Saab to Develop Anti-Ship Missile System for Sweden Under $358M Contract

Saab has received a potential nine-year, $358.4 million contract from Sweden’s defense material administration to develop and produce an anti-ship missile platform for integration with the country’s Visby-class corvette ships and Gripen E fighter jets. The anti-ship missile system will have an updated target seeker and combat range as well as new …

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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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Boeing Lands $679M Navy Contract to Produce Lot 40 Growler, Super Hornet Jets

Boeing (NYSE: BA) has received a potential two-year, $678.7 million contract to build seven lot 40 EA-18G Growler aircraft, five F/A-18E Super Hornet fighter jets and related aerial electronic attack kits for the U.S. Navy. The company will perform work in California, Missouri, Minnesota, New York, Texas, Arizona, Ohio and Canada through …

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Australia’s Lockheed-Built F-35As, Boeing-Built EA-18G Growler to Debut at Airshow in March

TYSONS CORNER, VA, Feb. 9, 2017 — The Australian defense ministry will debut the country’s new Lockheed Martin-built (NYSE: LMT) F-35A fighter jets and a Boeing-built (NYSE: BA) EA-18G Growler electronic warfare aircraft at the Australian International Airshow on March 3, Executive Gov reported Wednesday. Australian Defense Minister Christopher Payne said in a statement …

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BAE, TAI Partner on Initial Development Phase for Turkey’s TF-X Fighter Jet Program

TYSONS CORNER, VA, Jan. 31, 2017 — BAE Systems and Turkish Aerospace Industries will collaborate on the first development phase of the Turkish air force’s TF-X fighter jet program under a “Heads of Agreement” deal, ExecutiveBiz reported Monday. The agreement was signed ahead of a planned contract worth an estimated $125 million …

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Report: Lockheed, DoD Eye Potential $9B Deal on Next F-35 Batch by End of January

Lockheed Martin (NYSE: LMT) and the Defense Department are still in talks and could finalize by the end of January a new contract worth approximately $9 billion that would reduce the price of the next batch of F-35 fighter jets to under $100 million per aircraft, Reuters reported Thursday. Mike …

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Lockheed CEO Marillyn Hewson Offers Trump ‘Personal Commitment’ to Reduce F-35 Cost

Lockheed Martin (NYSE: LMT) CEO Marillyn Hewson has said she assured President-elect Donald Trump that the company will work to reduce the cost of the F-35 fighter aircraft, CNN reported Friday. Danielle Wiener-Bronner writes Hewson made the remarks in a Twitter post Friday a day after Trump asked Boeing (NYSE: BA) to quote …

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