After years of Lot-over-Lot price reductions on the F-35, it will be hard to drive them much lower in the next negotiation, Greg Ulmer, Lockheed Martin executive vice president for aeronautics, told defense writers on Feb. 19. Ulmer said the next three lots will include ...
Lloyd Austin was sworn in as Defense Secretary on Jan. 22, shortly after the Senate confirmed his nomination, becoming the first Black person to hold the position. He assumes the top Defense Department job just one day after Congress approved a waiver allowing him to ...