Search Results for: lockheed martin

Sen. John McCain: F-35 Program Schedule Delays May Lead to $1B+ Cost Overrun

Sen. John McCain (R-Arizona) has estimated that delays in the system development and demonstration phase of Lockheed Martin‘s F-35 aircraft could increase the fighter program’s cost by more than $1 billion, the Washington Examiner reported Thursday. Jacqueline Klimas writes McCain called on Defense Secretary Ashton Carter to address how the delay aligns with claims …

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Navy’s MUOS-5 Comms Satellite Deploys Antennas, Solar Arrays After Arrival at Operational Orbit

The U.S. Navy‘s fifth Mobile User Objective System satellite has fielded its antennas and solar arrays after the MUOS team maneuvered the spacecraft into operational orbit, the Navy reported Thursday. The Lockheed Martin-built MUOS-5 satellite reached operational orbit four months after it launched aboard a United Launch Alliance-built Atlas V rocket from Cape Canaveral Air …

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Bloomberg: DoD Needs $530M Extra to Finish F-35 Development Phase

Defense Department officials estimate Pentagon will need an additional $530 million to finish the development phase of Lockheed Martin‘s F-35 fighter jet, Bloomberg reported Wednesday. Anthony Capaccio writes the F-35 program office asked for the money during a closed-door review conducted by the Defense Acquisition Board last month and the DoD continues to …

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Space News: Air Force Verifies Weather Satellite Break Up in Orbit

The Joint Space Operations Center has detected an object that orbited alongside a U.S. Air Force weather satellite and service branch officials have confirmed that the vehicle has broken up in orbit, Space News reported Monday. Brian Berger writes the retired Lockheed Martin-built Defense Meteorological Satellite Program Flight 12 satellite follows …

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Nick Szechenyi: Japan Requests $51B Defense Budget for Fiscal 2017

Nick Szechenyi, a senior fellow at the Center for Strategic and International Studies, has said Japan has requested $51 billion in defense budget for fiscal year 2017 in response to regional security threats, the National Defense magazine reports. Vivienne Machi writes Szechenyi said those regional threats include disputes over the East China …

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