Tag: Lockheed Martin

Boeing Co. won a contract to developer a tanker drone capable of refueling Navy fighter jets in mid-flight.

Boeing wins $805 million contract for Navy’s first carrier-based drone

James Langford · August 30, 2018 10:11 pm

A fighter pilot sits in the cockpit while a crew member checks the exterior of a Lockheed Martin Corp. F-35A jet before a training flight in Hill Air Force Base, Utah, U.S., on Friday, Oct. 21, 2016. Lockheed Martin Corp.'s accelerating revenue growth outlook is boosted by its recent portfolio moves, which are enabling the world's largest defense contractor to better capitalize on higher foreign demand. Rising F-35 production is a key driver, as deliveries are to double by 2019 vs. current levels.

National Security

The Pentagon is downplaying serious problems with the F-35, watchdog says

Travis J. Tritten · August 29, 2018 7:56 pm

Some members of Congress argue that the delays and increasing costs are worth it for the F-35 toÂ make the American military technologically superior to any other in the world. (Courtesy of Lockheed Martin)

Why suspending F-35 deliveries to Turkey is more bark than bite

Travis J. Tritten · August 15, 2018 8:36 pm

Overseas sales of U.S. military equipment such as Lockheed Martin's F-35 fighter jet, above, are outpacing last year's despite concerns that President Trump's tariffs would hinder deals.

Overseas military sales surge to $63 billion despite tariff woes

James Langford · August 13, 2018 6:26 pm

A United Launch Alliance Atlas V rocket, carrying an X-37B experimental robotic space plane, lifts off from launch complex 41 at the Cape Canaveral Air Force Station on Dec. 11, 2012, in Cape Canaveral, Fla.

Beltway Confidential

The real winner of Trump’s Space Force will be big business

Erin Dunne · August 12, 2018 12:00 pm

An engineer demonstrates a Combat Convoy Simulator at Lockheed Martin's innovation center in Orlando, Fla. The company won a contract on Monday for development work on unmanned military transports.

Lockheed wins Army contract for self-driving military convoy systems

James Langford · July 30, 2018 6:06 pm

The destroyer USS Truxtun sits in dry dock at the General Dynamics shipyard facility on the Elizabeth River in Norfolk, Va. General Dynamics and rival contractors stand to benefit from increased U.S. military spending.

General Dynamics sales hit $9.2 billion as U.S. pumps cash into defense industry

James Langford · July 25, 2018 7:52 am

Overseas sales of U.S. military equipment such as Lockheed Martin's F-35 fighter jet, above, are outpacing last year's despite concerns that President Trump's tariffs would hinder deals.

Lockheed’s highest-ever F-35 production target fuels surge in profit

James Langford · July 24, 2018 2:29 pm

An F-35 jet arrives at its new operational base at Hill Air Force Base, in northern Utah, on Sept. 2, 2015.

National Security

Congress moves to suspend F-35 sales to Turkey in defense bill

Travis J. Tritten · July 23, 2018 10:04 pm

The Lockheed Martin F-35B, at an unveiling ceremony in Texas in 2007. A contractual dispute over the jet halted deliveries to the U.S. military earlier this year.

Lockheed adds 1,800 workers to ramp up F-35 fighter production

James Langford · July 23, 2018 5:10 pm

The F-35 fighter jet built by defense contractor Lockheed Martin, above. Executives from aerospace, defense and government services are optimistic about industry mergers in the remainder of the year, according to a survey by KippsDeSanto & Co., a Virginia-based investment bank.

National Security

House, Senate spending plans aim to boost F-35 purchases

Travis J. Tritten · June 26, 2018 1:23 pm

Trump leverages Corporate America’s arsenal in quest for space dominance

James Langford · June 26, 2018 12:00 am