Tag: LRIP
F-35 industry team to invest $170 million to reduce the JSF...
The three leading industry partners in the F-35 industry team have signed an agreement with the DOD to bring down the procurement cost of the F-35 Joint Strike Fighter (JSF) to the equivalent of today's 4th generation fighters by the turn of the decade
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,...
Lockheed Martin Ups its Forecast for 2011
Lockheed martin released today its financial report for the second quarter of 2011, reporting net sales of $11.6 billion and earning of $742 million,...
First Quarter Financial Reports Testify on Defense Market Fluidity
While the three U.S. aerospace majors reiterated their forecasts for 2011, the recent quarterly reports highlight the intensive activities ensuring their financial stability, to cross the troubled water expected in the coming months.
Lockheed Martin to Deliver 31 F-35s by 2013, Under $3.5 Billion...
The delays in development and testing have increased the cost of the aircraft. In an effort to control the escalating cost the Pentagon negotiated...
Force protection to Produce 1,000 MRAP Vehicles for the USMC
Force Protection Industries, Inc. received a third order from the Marine Corps Systems Command, worth $480 million for the delivery of 1,000Mine Resistant Ambush...
