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On Friday, December 15, Lockheed Martin delivered the 66th F-35 aircraft for the year, meeting the joint government and industry delivery target for 2017. The delivery rate in 2017 represents more than a 40 percent increase from 2016, and the F-35 enterprise is prepared to increase production volume year-over-year to hit full rate of approximately 160 aircraft in 2023. As production ramps and additional improvements are implemented, Lockheed Martin's goal is to reduce the cost of an F-35A to $80 million by 2020.
2017 represents a turnaround year for the British Royal Navy. After years of budget cuts that resulted in diminishing the size and risk of...
HMS Queen Elizabeth II arrived today at its home port at Portsmouth, following its first sea trial last month; With its sister ship, HMS Prince of Wales, the new carriers will become the centerpiece of the Royal Navy.
The British MOD is set to select soon the future Airborne Early Warning (AEW) system to be deployed on the future Royal Navy (RN) Queen Elizabeth II aircraft carriers. Thales UK and Lockheed Martin submitted final offers for the Crowsnest AEW solutions last month, competing for the £500 million ($761 million) contract.