Tag Archives: F-35

Lockheed Lands $74M in Contract Modifications for F-35 Lots 11 & 12 Production Work

TYSONS CORNER, VA, July 6, 2017 — Lockheed Martin (NYSE: LMT) has received U.S. Navy contract modifications potentially worth $73.9 million combined to support the low-rate initial production of Lots 11 and 12 F-35 fighter aircraft, GovCon Wire reported Wednesday. The … Continue reading

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Booz Allen Taps ACT I as Subcontractor on Navy Task Order for F-35 Engineering Support

TYSONS CORNER, VA, April 7, 2017 — Advanced Concepts and Technologies International will support Booz Allen Hamilton (NYSE: BAH) as a subcontractor in the latter’s work with the U.S. Navy on the F-35 program, GovCon Wire reported Tuesday. ACT I … Continue reading

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Lockheed Martin Works With Suppliers for $5B Savings Goal in F-35 Program

TYSONS CORNER, VA, March 23, 2017 — Lockheed Martin (NYSE: LMT) is working with suppliers to reduce $5 billion in costs for the production of the F-35 fighter jet amid negotiations on a contract for Lot 11, GovCon Wire reported Wednesday. … Continue reading

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DoD, Lockheed Finalize $8.5B Deal for 90 Lot 10 F-35 Jets

TYSONS CORNER, VA, Feb. 7, 2017 — The Defense Department and Lockheed Martin (NYSE: LMT) have completed negotiations on an $8.5 billion contract for the production of 90 lot 10 F-35 fighter jets, GovCon Wire reported Monday. Reuters reported Friday the contract lowers the price … Continue reading

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ACT I Names Former Alion Directorate Support Manager as Program Mgmt EVP; Michael Niggel Comments

TYSONS CORNER, VA, Feb. 2, 2017 — Advanced Concepts and Technologies International has hired Claudio Monticelli, a former directorate support manager at Alion Science and Technology, as executive vice president for program management, GovCon Wire reported Wednesday. ACT I said Monticelli, who was also in … Continue reading

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DoD, Lockheed Martin in Negotiations for Potential $9B F-35 Contract

TYSONS CORNER, VA, Jan. 23, 2017 — The Defense Department and Lockheed Martin (NYSE: LMT) are in the process of negotiating a potential $9 billion contract as part of efforts to reduce the price of F-35 fighter jets, GovCon Wire reported Friday. Reuters … Continue reading

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Lockheed CEO Marillyn Hewson: Upcoming Contract to Mitigate F-35 Cost, Add Jobs

TYSONS CORNER, VA, Jan. 17, 2017 — Lockheed Martin (NYSE: LMT) has stated that it is on the verge of closing a deal on a new contract that will work to mitigate the costs for F-35 fighter jets as well as open 1,800 new … Continue reading

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Navy Looks to Purchase Boeing Super Hornets Amid Shortfall in Carrier-Based Strike Fighters

TYSONS CORNER, VA, Dec. 6, 2016 — The U.S. Navy plans to replace its Boeing-built (NYSE: BA) F/A-18 Hornet fighter jets with F/A-18E/F Super Hornets amid a shortage of strike fighters onboard aircraft carriers, GovCon Wire reported Monday. The military service’s Super Hornet … Continue reading

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MBDA to Integrate IR Air-to-Air Missiles Into UK’s F-35 Fleet

TYSONS CORNER, VA, Aug. 19, 2016 — The U.K. fleet of Lockheed Martin-built (NYSE: LMT) F-35 aircraft will carry Advanced Short Range Air-to-Air Missiles that MBDA will provide under an estimated $239 million contract, GovCon Wire reported Wednesday. MBDA said Tuesday the infrared air-to-air missiles … Continue reading

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Lockheed Lands $1B Contract for F-35 Components to US, Foreign Customers

TYSONS CORNER, VA, December 23, 2015 — Lockheed Martin (NYSE: LMT) will provide F-35 long-lead materials and components for Lot 11 low-rate initial production under a $1.2 billion contract from the U.S. Navy, GovCon Wire reported Tuesday. The Defense Department … Continue reading

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