Search Results for: Lockheed

Report: October Pentagon Contracts Hit $17B

The Defense Department awarded more than 180 contracts in October with a combined value of more than $17 billion, DoD Buzz reported Tuesday. Brendan McGarry writes that figure represents less than a third of the total value of contracts the Pentagon announced in September. Raytheon won the month’s largest award, a potential $1.6 billion …

Read More »

Russia, Japan Agree to Increase Defense and Security Cooperation

Japanese and Russian foreign and defense officials met Saturday to discuss strengthening bilateral cooperation amid regional security concerns in the Asia Pacific, Reuters reported Saturday. Yoko Kubota writes the ministers from both countries agreed to hold more diplomatic forums and joint military exercises to fight piracy and terrorism. Japanese Foreign …

Read More »

Robert Hale: Pentagon Could Recall 90% of Furloughed Civilians

The Defense Department intends to call back to work nearly 90 percent of the 350,000 civilian employees that were furloughed last week amid the shutdown, Bloomberg reported Sunday. According to the report by William Selway and Gopal Ratnam, Pentagon Comptroller Robert Hale told journalists during a conference call the furloughs affected nearly half of the Pentagon’s …

Read More »

Christopher Bogdan: F-35 Program Feels Govt Shutdown Effects

Lt. Gen. Christopher Bogdan, F-35 Joint Program Office lead, has said the aircraft program could come to a halt if the government shutdown takes a long time to resolve, Defense News reported Thursday. Citing Bogdan’s statement, Aaron Mehta writes the shutdown has delayed flight tests, development, deliveries and fleet maintenance …

Read More »

Douglas Loverro: Pentagon Weighs Weather Satellite Program Options

Pentagon officials have begun examining requirements for a new weather satellite program and will incorporate some program funding in its fiscal year 2015 budget proposal, Reuters reported Thursday. Deputy Assistant Defense Secretary Douglas Loverro told Reuters the U.S. Air Force and the Cost Assessment and Program Evaluation office are determining …

Read More »

Taiwan Receives First Anti-Sub Airplane Under $2B Sales Deal

The U.S. Navy handed over a Lockheed Martin-built submarine-hunting airplane to Taiwan Wednesday as part of a $1.96 billion arms sale package approved in 2007, Focus Taiwan News Channel reported Wednesday. Claudia Liu and Sofia Wu write Taiwan purchased 12 P-3C planes with T-56 turboprop engines and related equipment and services and is …

Read More »

Ashton Carter: U.S. Seeks Weapons Development Ties with India

The United States is looking to  carry out a year-old defense trade agreement signed with India by stepping up cooperation in joint production and development of weapons, Reuters reported Thursday. Andrea Shalal-Esa writes Deputy Defense Sec. Ashton Carter told reporters the deeper defense ties mean technology transfers and priority funding …

Read More »

Eric Fanning: Air Force to Get Needed F-35, Tanker Program Funds

Acting Air Force Eric Fanning expects the branch to get the required funding for the F-35 and aerial-tanker programs for next fiscal year, the Wall Street Journal reported Monday. Doug Cameron writes Fanning did not disclose the Air Force’s plans regarding its share of 1,700 F-35 jets the military has ordered from Lockheed …

Read More »

Report: US Govt Tags F-35 Operating Costs at $857B

The U.S. government now estimates the costs of operating and maintaining the Lockheed Martin-F-35 jet at $857 billion, 20 percent less than previous figures that exceeded $1 trillion, Reuters reported Wednesday. Andrea Shalal-Esa writes the Defense Department based the new figures on data detailing the fighter jet’s more than 7,000 hours …

Read More »