Tag Archives: Marillyn Hewson

A bipartisan group of 99 House lawmakers agreed to increase the U.S. military’s fleet of F-35 fighter aircraft to reduce maintenance cost and address growing threats of other countries’ missile systems and stealth fighters, Defense News reported Monday. The Joint Strike Fighter Caucus sent a letter to House leaders calling for 12 additional F-35As and 12 F-35Bs for President Trump’s 2020 budget request.

The Aerospace Industries Association has called on House and Senate leaders to finalize the appropriations bill for fiscal year 2018 as well as repeal or increase the budget caps in order to avert a possible sequestration. AIA and other defense and aerospace industry executives wrote in the Dec. 1 letter …

President Donald Trump has said Lockheed Martin moved to lower the price of the next batch of 90 F-35s by approximately $600 million, The Washington Post reported Monday. Aaron Gregg writes Trump made the statement after weeks of discussion with Lockheed CEO Marillyn Hewson about the program’s cost. Last month, Hewson gave Trump her personal commitment to drive down the …

President Donald Trump has launched an initiative that seeks to engage U.S. business leaders in efforts to increase job growth opportunities. Trump plans to hold meetings with executives to gather information about their experiences and insights on job creation as part of the Manufacturing Jobs Initiative, according to a White House press release published Friday. …

President Donald Trump discussed plans to cut taxes and regulations in a meeting with business executives in the White House, the Washington Post reported Monday. Trump said he aims to remove at least 75 percent of regulations that govern businesses; expedite plans to build factories; and impose border tax on companies that …

Senate Armed Services Committee Chairman John McCain (R-Arizona) has said his committee will continue to prioritize efforts to streamline the defense acquisition process in response to updates provided by the Defense Department on the F-35 fighter jet program. Pentagon acquisition chief Frank Kendall said in a Dec. 19 response letter to …

Air Force Secretary Deborah Lee James has said Boeing‘s F/A-18E/F Super Hornet aircraft cannot serve as a substitute for Lockheed Martin-built F-35 fighter jet, Defense News reported Friday. Valerie Insinna writes James told the publication the F/A-18 and F-35 aircraft “fulfill different requirements” since as former is a fourth-generation platform while the …

Frank Kendall, undersecretary of defense for acquisition, technology and logistics, is set to meet industry and defense executives on Saturday to discuss the Defense Department‘s acquisition reform bid, Defense News reported Thursday. Paul McLeary writes Kendall, Boeing CEO Chris Chadwick, Lockheed Martin CEO Marillyn Hewson and other executives will talk through the new Better …

Lockheed Martin CEO and President Marillyn Hewson said the cybersecurity framework the White House put forward this week is designed to help industries protect their systems from cyber attacks using guidelines on best practices and strategies, the Washington Business Journal reported Wednesday. Jill Aitoro writes the company took part in the consultation on the …