The Joint Program Office and Lockheed Martin have struck a “handshake deal” on prices for Lots 18 and 19 of the F-35 fighter, but have not yet revealed them. The agreement is about a year overdue, and comes after a period where the company was ...
Negotiations over the next three-year lot of F-35s have gone on six months longer than expected because the government and Lockheed Martin are having a hard time agreeing on common numbers for inflation and because of COVID-related supply chain costs, company officials said. However, with foreign orders, ...
The Pentagon and the defense industrial base need to up production lines for munitions, drones, and other key weapons systems—and quickly—the nominee to lead the Defense Department’s acquisition enterprise told a Senate panel.
Although the U.S. has offered to "backfill" any old Russian jets provided to Ukraine by NATO allies and other partners, it won't be a swift process to provide replacement aircraft. The quickest solution would be providing Active-duty or Air National Guard airplanes, but the allies ...