Lockheed Martin is committed to producing the F-35A Lightning II Joint Strike Fighter for $80 million each by next year and further reducing the overall program costs as part of the next production contract negotiations with the Department of Defense, the company said on Tuesday Read More
This post has been updated to include information on an Aegis Weapon System sale to Australia, announced a day after the Spanish deal was approved.
Spain has received U.S. State Department approval for an estimated $860.4-million purchase of five Aegis Weapons Systems to install on five frigates, and Australia was approved for a $185-million Aegis purchase of its own.
The Missile Defense Agency and U.S. Navy tested an upgraded Standard Missile-3 (SM-3) Block IB missile aboard USS Hopper (DDG-70) this week, successfully demonstrating the performance of a more reliable third-stage rocket motor (TSRM) nozzle. Read More