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As Musk takes up the DOGE initiative, the billionaire is taking aim at the F-35, but any effort to cut the program will run headlong into Congress. In an F-35 funding fight, Musk will need to win ...
As for the F-35, costs for the Lockheed Martin-developed stealth jet have hit about $485 billion, after a 10% bump this year due to what the Pentagon said was a need to improve its engine cooling.
The F-35 contractor recently sued by Lockheed Martin has hit back against Lockheed’s claims that the ongoing pricing dispute is a threat to national security.
The ruling pushed back against Lockheed’s claims that the dispute is becoming a national security threat, and drew attention to other F-35 delivery delays that are unrelated to the pricing ...
Lockheed Martin is suing one of its subcontractors on the F-35 program, alleging the company is withholding parts over a pricing dispute that Lockheed claims will cause “substantial delays” in ...
The Czech Republic announced plans to purchase two dozen F-35 aircraft in January around the same time the U.S. State Department approved Greece’s $8.6 billion purchase of 40 F-35 fighter jets.
If the Biden administration slashes orders for F-35s, Fort Worth could take a hit. The Lockheed Martin fighter jets are assembled here. Pentagon may cut orders for Lockheed Martin F-35 fighter ...
Lockheed Martin's 12.5% operating margin came in about 60 basis points ahead of expectations, and free cash flow of $2.1 billion was well ahead of Wall Street's $1.3 billion forecast.