Lockheed Martin and its F-35 industry partner, BAE Systems, announced this week that the two defense firms have signed an agreement setting out how to support Britain’s Lightning II fighters. The deal, announced at the Farnborough Air Show, declares that BAE will take the lead on providing sustainment activities for the life of the program, expected to extend through the next 40 years. The Lightning II is expected to equip both the Royal Air Force and the Royal Navy’s aviation arm.
Boeing Claims Progress on T-7 and Other Challenged Programs
April 25, 2025
Boeing appears to have become to overcome the problems that led to billions in losses on fixed-price defense contracts in recent years, point the company back toward profitabily, says Boeing president and CEO Kelly Ortberg.