Tag Archives: Lockheed Martin

Boeing Lands Contracts With Upfront R&D Investing

Boeing Lands Contracts With Upfront R&D Investing

Testing Boeing’s MQ-25A Stingray prototype in St. Louis. Boeing Image

Boeing landed the contract to build the Navy’s unmanned carrier-based refueling aircraft thanks to what company executives described as an aggressive up-front research and development investment. Read More

Lockheed: DoD Focused on Lowest Price in Recent Competitions; May Affect LM Participation in Future Bids

Lockheed: DoD Focused on Lowest Price in Recent Competitions; May Affect LM Participation in Future Bids

An undated picture of five F-35B and a single F-35C. Lockheed Martin Photo

Lockheed Martin officials say their loss to Boeing in three recent aircraft competitions indicates that Pentagon weapon buyers are valuing low price tags over high-tech capabilities, which may lead the company to question its participation in some future competitions. Read More

Winter: New Contract Incentives Encourage Efficient F-35 Production

Winter: New Contract Incentives Encourage Efficient F-35 Production

Test pilot Billie Flynn pilots an F-35C Lightning II test aircraft at Naval Air Station Patuxent River, Md., April 4, 2018. (U.S. Navy photo courtesy of Lockheed Martin/Released)

Seeking to install long-term cost savings into what is routinely derided by critics as an overly expensive aircraft, the F-35 Lightning II Joint Strike Fighter program director worked a new incentive regime into the recently inked contract with Lockheed Martin.

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Pentagon, Lockheed Martin Agree to New F-35 Contract

Pentagon, Lockheed Martin Agree to New F-35 Contract

Workers can be seen on the moving line and forward fuselage assembly areas for the F-35 Joint Strike Fighter at Lockheed Martin Corp’s factory located in Fort Worth, Texas. Lockheed Martin photo.

The cost of the F-35 Lightning II Joint Strike Fighter is dropping by millions of dollars per plane under a new production contract agreed to by Lockheed Martin and the Pentagon, which was announced today. Read More

Japanese Navy Successfully Tests Latest Aegis BMD Upgrade from Destroyer JS Atago

Japanese Navy Successfully Tests Latest Aegis BMD Upgrade from Destroyer JS Atago

The Japan Maritime Self-Defense Force guided-missile destroyer JS Atago (DDG 177) returns to Joint Base Pearl Harbor-Hickam after participating in Rim of the Pacific (RIMPAC) 2010 exercises. US Navy photo.

The Japan Maritime Self-Defense Force (JMSDF) and the U.S. Missile Defense Agency (MDA) demonstrated Japan’s sea-based ballistic missile defense capability, when destroyer JS Atago (DDG-177) intercepted a missile target off the coast of Hawaii this week. Read More

Navy Picks Boeing to Build MQ-25A Stingray Carrier-Based Drone

Navy Picks Boeing to Build MQ-25A Stingray Carrier-Based Drone

Tests of Boeing’s MQ-25A Stringray prototype in St. Louis. Boeing Image

This post has been updated to include comments from Chief of Naval Operations Adm. John Richardson and Navy acquisition chief James Geurts.

THE PENTAGON – Boeing will build the first unmanned aircraft to be a permanent part of the U.S. Navy’s carrier air wing, Navy officials announced Thursday. Read More