Search Results for: lockheed martin

White House Budget Sets Aside $14B for Submarine and F-35 Development and Procurement

Lockheed Martin Corp.‘s fighter jets and General Dynamics‘ Virginia-class submarine have secured $8.4 billion and $5.4 billion, respectively, in President Barack Obama’s 2014 budget plan, the Washington Business Journal reports. The U.S. President earmarked $166.8 billion of the $526.6 billion budget proposal for weapons development and procurement, which extends funding for …

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Pentagon Awarded $39B in March Contracts, $300B Planned for FY 2013

The Defense Department awarded $39.4 billion in contracts during March, a sharp increase over the $23.1 billion in awards from February and $12.1 billion from January. Despite sequestration, the Pentagon plans to award up to $300 billion in contracts for the whole fiscal year ending Sept. 30, more than the amount awarded in 2006, Nick Taborek …

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Report: Pentagon Asking for Lower 2014 Missile Defense Budget

The Defense Department plans to ask Congress for $9.16 billion to fund missile defense programs for fiscal year 2014 as part of a $526.6 billion defense budget request scheduled for release Wednesday. If approved, the Pentagon would receive $550 million less in missile defense funding than the $9.71 billion for …

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US Sends F-22 Jets for Korea Drills as North Continues Threats

The U.S. has deployed Lockheed Martin-built F-22 fighter jets to South Korea for a joint military exercise with that country as North Korea continues to make threats, Reuters reports. Paul Eckert writes the jets will fly in the annual Foal Eagle exercise, intended to keep both countries ready in the …

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Japan Military Head: F-35 Can Help Manage Regional Tensions

Japan’s military top brass remain committed to purchasing Lockheed Martin’s F-35 fighter jets, the country’s top uniformed military officer has told Reuters. Shigeru Iwasaki, chief of the Japanese Self-Defence Forces’ Joint Staff, told Reuters he believed the F-35 was the country’s best choice as it handles tensions with both China …

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Govt Awarded $115B In 2012 No-Bid Contracts

The number of no-bid contracts awarded by federal agencies jumped nearly 9 percent between fiscal years 2009 and 2012 as total contract spending decreased 5 percent, the Washington Post reports. Citing government data, Danielle Ivory writes agencies awarded $115.2 billion in no-bid contracts during fiscal 2012 compared to $105.8 billion …

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US, Iraq Officials Sign 5-Year Security Cooperation Agreement

U.S. Defense Secretary Leon Panetta and acting Iraqi Defense Minister Saadoun al-Dlimi signed an agreement Thursday on security and defense cooperation for the next five years, American Forces Press Service reports. Jim Garamone writes officials from the two countries met in Baghdad Thursday to discuss efforts aimed at helping stand …

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Profile: Katie Lewin, GSA Cloud Program Manager

Katie Lewin serves as program manager for cloud computing at the General Services Administration, where she is responsible for identifying, developing and delivering methods for agencies to use cloud computing. GSA’s cloud program includes Apps.gov, cloud-based email, security-as-a-service and data center consolidation. Prior to this position, she served as chief …

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Col. Andrew Toth: AF Pilots Giving F-35 Positive Feedback

U.S. Air Force pilots and maintainers stationed at Eglin Air Force Base in Florida are giving good feedback on the stability and performance of the Lockheed Martin-made F-35 fighter jet, Flightglobal reports. Col. Andrew Toth, commander of the 33rd Fighter Wing, told the website pilots are reporting few issues with …

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