Lockheed Martin is working through $2.5 billion in military contracts to develop a variety of hypersonic weapons in a bid to catch up with developments from China and Russia, company chief executive Marillyn Hewson said during a Tuesday earnings calls. Read More
F-35 Lightning II Joint Strike Fighter lead-contractor Lockheed Martin reconfigured a host of its contracts with its suppliers to lower the aircraft price tag, improve readiness and control ongoing maintenance costs.
LONDON — Britain’s Ministry of Defence is exploring options for the development of an Extra Large Unmanned Underwater Vehicle (XLUUV) to conduct covert missions at distances of up to ranges 3,000 nautical miles for three months at a time for the Royal Navy. Read More
CAPITOL HILL – The Department of the Navy expects to sign a contract with Lockheed Martin for the CH-53K heavy lift helicopter “in the next coming weeks,” after a pause and a program restructuring effort that sought to rebalance risk and reward between the government and contractor. Read More
CAPITOL HILL – The Marines’ top aviator said the new CH-53K heavy lift helicopter has had some struggles during its past year of testing but would emerge from it a capable and reliable asset for the Marines. Read More
WASHINGTON, D.C. — To keep U.S. carriers relevant into the 21st century, the Navy needs to restart development of a lethal unmanned aircraft to fly from carrier decks, according to a new study on the future of the carrier air wing. Read More
This post has been updated with a statement from Boeing.
The Navy awarded Boeing a $43-million contract to build four Orca Extra Large Unmanned Undersea Vehicles (XLUUVs) for the service, according to a Wednesday Pentagon contract announcement. Read More
A Lockheed Martin-led industry team was selected for the final design of the Royal Canadian Navy’s future frigate after surviving a legal challenge by a rival contender. Read More
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
ARLINGTON, Va. — Northrop Grumman has been awarded a contract to bring a modern electronic warfare attack capability to U.S. surface ships, company officials told USNI News on Tuesday. Read More