A deal on the next three-lot buy of F-35 fighters is dragging out because Lockheed Martin and the Joint Program Office are struggling to agree on a new cost baseline, affected by inflation, the pandemic and a reduced buy from the military services, company officials ...
The Air Force would have to bear the full development and integration cost of putting new Adaptive Engine Technology Program engines in its F-35 fleet because the other services can’t fit the powerplants in their versions of the fighter, F-35 Program Executive Officer Lt. Gen. ...
A new F-35 sustainment contract to Lockheed Martin “paves the way” toward a performance-based logistics contract that the company has been angling for since 2019 and is worth $6.6 billion if all options are exercised. But all bets are off about hitting the Air Force’s ...
Engine makers should be able to meet House defense policy bill language calling for a new F-35 powerplant based on the Adaptive Engine Transition Program by 2027, but only for the conventional takeoff versions, a GE Aviation executive said. “We would be eager to step ...
Modifications Pratt & Whitney is proposing to its F135 engine can improve thrust and efficiency and would be far less costly than giving the F-35 fighter a new powerplant developed through the Adaptive Engine Transition Program, the engine maker said.
More than 40 F-35s across the U.S. Air Force are currently without engines according to the most recent data, top officials told Congress on July 13. Speaking before the House Armed Services subcommittee on tactical air and land forces, acting Assistant Secretary of the Air ...
Lockheed Martin and the Pentagon are negotiating the next three lots of F-35 production, expecting a contract by the end of the fiscal year, the Joint Program Office reported. The negotiating strategy calls for a “base year” contract followed by two options, likely to allow ...
Japan has gotten a green light from the State Department to buy 105 more F-35s in two variants, which will make that country the largest operator of the Lightning II outside the U.S. The news comes the same week Japan's defense ministry informed the country's ...
The proposed merger of Raytheon with United Technologies has been approved by the Securities and Exchange Commission, provided the two companies sell off some units that would otherwise give the new Raytheon Technologies a monopoly on some business areas. The new company will become the ...