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F-35 cost reduction reflects majority of defense savings for 2014

The biggest saving reported in 2014 was in the F-35 Joint Strike Fighter (JSF) and F-135 engine program, together, these procurement programs decreased $7.4 billion in the cost of Research, Development, Test & Evaluation (RDT&E), procurement and infrastructure spending over the 32 production years (from $398.5 bn to $391.1 bn). The current average F-35A price is $108 million (with engine), $4 million lower than lot 7 prices.

Lockheed Martin, DOD Agree on F-35 Cost Reduction of up to...

The U.S. Department of Defense and Lockheed Martin have reached an agreement in principle for the next two F-35 Lightning II aircraft production contracts,...

Secretary of Defense Hagel Details Sequestration Impact on the US Military

On the first press conference after his nomination US Secretary of Defense Chuck Hagel and his deputy Ashton B. Carter said the first step in sequestration measures is being implemented: cutting training immediately, reducing flying hours, Preparation to stand down four Naval fighter wings, the first will stand down in April

Does the US Need Two Military Clandestine Services?

The Pentagon is launching a new intelligence organization called 'Defense Clandestine Service' (DCS), focusing on interests of 'national intelligence' rather than battlefield intelligence and tactical support for the warfighter.

Some DoD Budget Numbers Leak Out

On February 11, Reuters News Service and other media outlets announced some specific details contained in the US Department of Defense’s Fiscal Year 2013...

Gates’ Plan: Shaving $100 Billion Yield Total Makeover at the Pentagon

Cutting over $100 billion in U.S. defense spending in the next five years could be an opportunity to turn the Defense Department into a...

‘C2 Core’ – Linking Information Across Networked Applications

U.S. DOD Introduces A New XML-Like Military Standard Linking Information Across Networked Applications A new information exchange standard designed to improve interoperability among U.S. Department of...

Gates: Pentagon to Implement Tougher Business Rules

Under the new policy companies will be required to provide more predictable cost estimations and meet those costs down the road. When costs increase happen, contractors will be required to share the burden. Prime contractors are likely to be most exposed to this new risk, but subcontractors could also find themselves vulnerable when required to take responsibility on delays they cause...

SIPRI: U.S., UK, France and Italy Continue to Lead the...

The total arms sales of the world's top 100 largest arms producing companies has increased by $39 billion in 2008, to reach $385 billion;...

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