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James D. Taiclet

Lockheed CEO: Pentagon Must Adopt New Acquisition System for Digital

Oct. 5, 2023 | By John A. Tirpak
The Pentagon needs a new acquisition system—parallel to the one that takes years to develop new physical platforms like airplanes and ships—to achieve the speed needed to achieve deterrence, Lockheed Martin CEO Jim Taiclet said this week.

Future of F-35 Production Will Depend on US ‘Budget Priorities,’ Lockheed Martin CEO Says

Oct. 18, 2022 | By Chris Gordon
Lockheed Martin suggested the long-term sales prospects for the F-35 are uncertain amid worries DOD may begin to pivot away from the program.

Six Months Late to a Deal, F-35 Lot 15-17 Contract Negotiations Drag On

April 19, 2022 | By John A. Tirpak
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, ...

Lockheed Martin May Go Shopping if Defense Budgets Fall Next Year

July 21, 2020 | By John A. Tirpak
A downturn in defense spending may create some “attractive” pricing on companies Lockheed Martin may want to acquire, and it has the cash to pick up some bargains, company President and Chief Executive Officer James D. Taiclet said in a second-quarter earnings call July 21. ...
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