Search results
Results from the WOW.Com Content Network
The first and by far biggest gift arrived Dec. 20, when the Pentagon's daily digest of contract awards showed Lockheed winning orders for 145 F-35 fighter jets worth $11.8 billion. Reported as a ...
Lockheed Martin has assembled F-35 fighter jets in Fort Worth since it was awarded the contract in 2001. The company said it produces roughly 156 jets per year.
Lockheed Martin forecast 2025 profit that missed Wall Street expectations on Tuesday, as the defense giant grapples with delayed rollouts of a tech upgrade on the F-35, underscoring a cautious ...
The draft law for acquiring the F-35 was published by the Romanian Army in August 2024. According to this draft, the F-16s will start to be retired in 2034 and by 2040, Romania will only operate the F-35. [473] The contract for the F-35 purchase is expected to be signed sometime between October 2024 and January 2025. [474]
Lockheed Martin’s F-35 at the Paris Air Show in 2023. ... The Pentagon first awarded Lockheed the F-35 contract in 2001, and the program has been a perennial punching bag owing to cost overruns ...
Lockheed reported this week that its fourth-quarter net income fell 71% to $527 million year over year because of a $1.29 billion loss associated with a fixed-price contract. The company's stock ...
A CCA is estimated to cost between one-half and one-quarter as much as $80 million Lockheed Martin F-35 Lightning II; [5] the desired cost is between $25-30 million per airframe. [16] US Air Force Secretary Frank Kendall is aiming for an initial fleet of 1,000 CCAs. [68]
The F-35 was the product of the Joint Strike Fighter (JSF) program, which was the merger of various combat aircraft programs from the 1980s and 1990s. One progenitor program was the Defense Advanced Research Projects Agency (DARPA) Advanced Short Take-Off/Vertical Landing (ASTOVL) which ran from 1983 to 1994; ASTOVL aimed to develop a Harrier jump jet replacement for the U.S. Marine Corps ...