Marillyn Hewson is stepping down as chief executive of Lockheed Martin after running the defense contractor since 2014.
THE PENTAGON – The Navy wants to truncate production of the legacy F/A-18E/F Super Hornet in favor of pumping money into accelerating the development of its long-gestating next-generation carrier-based fighter program, the service revealed in its Fiscal Year 2021 budget request. Read More
The Navy will focus in 2020 on developing hypersonic weapons at breakneck speed, with testing to occur throughout the year, Acting Secretary of the Navy Thomas Modly said Friday in a message to the fleet.
ARLINGTON, Va. – The Navy is considering adding the AN/SPY-6 radar to legacy Flight IIA Arleigh Burke-class guided-missile destroyers along with the new Baseline 10 Aegis Combat System developed for the next-generation Flight III destroyers, service officials said on Wednesday. Read More
The Navy will put a laser weapon on a Littoral Combat Ship for the first time this year, amid efforts to boost the LCS’s lethality and to develop and field a family of laser systems. Read More
Lockheed Martin was awarded a $1.96 billion detailed design and construction to build four warships for Saudi Arabia, according to a Friday contract announcement. Read More
WASHINGTON, D.C. – The Navy is unclear how it will proceed with its next generation of aviation combatants following the introduction of the F-35C Lighting II Joint Strike Fighter into the carrier air wing, Chief of Naval Operations Adm. Mike Gilday said on Thursday. Read More
By agreeing to a second short-term spending bill early in Fiscal Year 2020, Congress and President Donald Trump will keep government agencies open for another month, a move the defense industry says is better than the alternative, but not a great long-term strategy. Read More
CAPITOL HILL – Lawmakers said Wednesday they’re unlikely to authorize the Pentagon to award a coveted multi-year contract to build F-35 Lightning II Joint Strike Fighters unless the program solves such problems as chronic shortages of spare parts that often wear out quicker than anticipated.
Lockheed Martin and the F-35 Lightning II Joint Program Office inked a long-awaited $34-billion deal to build the next three batches of 478 stealthy fighters.