Switzerland has put contracts in place in place for its Lockheed Martin F-35 procurement, but the price tag is almost 1 billion Swiss francs ($1.1 billion) higher than when the type was selected.
A NASA spacecraft has begun a 12-year, 4 billion-mi. mission to explore an unusual population of asteroids that became locked in Jupiter’s orbit during the early days of the Solar System’s formation.
NASA has awarded five companies $146 million in contracts to develop and evaluate lunar Human Landing System concepts beyond the planned Artemis III landing.
The pair of F-117As seen over Southern California are believed to be two of the cadre of four stealth aircraft resurrected from a small number that have been retained in flyable storage.
Lockheed Martin CEO and president Jim Taiclet will complete his leadership takeover of the Pentagon’s leading contractor by annual sales with the additional role of becoming chairman of the board of directors effective March 1.
The agreement on the all-cash transaction includes a $5 per share, pre-closing special dividends to Aerojet’s shareholders, reducing the post-dividend value of the deal to $4.6 billion.
The combined 40-ft.-plus structure includes the Blue Origin lander and the Lockheed Martin ascent module that is expected to house NASA’s Artemis astronaut crews during their initial, weeklong lunar sorties.
The F-35A’s onboard sensor fusion prevents the Air Force right now from widely implementing a live, virtual and constructed training format, a top US Air Force commander says.
The $4.94 billion deal confirms a long-awaited order to deliver 66 of the GE Aviation F110-powered F-16s for Taiwan and about 25 Pratt & Whitney F100-powered F-16s for Morocco. The US government approved export packages for both aircraft in 2019.
The F-16 Block 70/72 contract to be awarded on August 14 will use an indefinite delivery/indefinite quantity format. As each foreign buyer signs an order, the Air Force will sign a task order under the ID/IQ contract to Lockheed, rather than renegotiating pricing for every foreign customer.
As the U.S. Defense Department prioritizes great power competition, demand for the Raptor fleet as the Air Force’s “silver bullet” air dominance force has never been greater.