Tag Archives: u.s. department of defense

Report: Pentagon, Lockheed Close $4.7B Deal for Lot 8 F-35 Jets

Lockheed Martin (NYSE: LMT) and the U.S. Defense Department have closed on a $4.7 billion contract for the eighth lot of low-rate initial production F-35 fighters, DoD Buzz reported Friday. Kris Osborn writes Lockheed will build 29 F-35s for the U.S. Air Force, Navy and Marine Corps and another 14 …

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Report: DoD, Lockheed Forge $4B Deal on 8th F-35 Production Batch

Lockheed Martin (NYSE: LMT) and the U.S. Defense Department have struck a $4 billion agreement for the company to build 43 additional F-35 jets, Reuters reported Thursday. Andrea Shalal writes the agreement for the F-35 program’s eighth batch seeks to lower the fighter’s cost by as much as 3 percent …

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Deloitte Forecasts Higher Volume of Aerospace and Defense M&A in 2012

Deloitte has released an industry report forecasting an increasing pace of mergers and acquisitions in the aerospace and defense industry in 2012. The company predicts that most consolidations will occur at the supplier level due to pent-up demand, accessible capital and favorable valuations. In “stark contrast” with large deals of …

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Harris Wins $14M DoD Battlefield Communications Order, Follows on Air Force, Marine Crops and Army Orders

Harris Corporation (NYSE: HRS) has received a $23 million order to supply the U.S. Defense Department with additional Falcon III multiband, multimission, software-defined radios compatible with suite b encryption.  The order addresses interoperability challenges presented in coalition and inter-agency operations. The Defense Department will use the RF-310M-HH radios to simplify communications interoperability and …

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