Lockheed Martin [LMT] delivered 26 F-35 Lightning II fighters to the U.S. Air Force, Navy, and international buyers in the first quarter of this year, but the company will likely have to accelerate production in the last three quarters of this year to meet its goal of delivering 148 to 153 F-35s in ...

The Boeing [BA] VC-25B program is encountering a two- to three-year delivery delay, a U.S. Air Force official said on May 19. The program has aimed to replace two more than 30-year-old VC-25As by the end of 2024. The aircraft, modified 747-200s, are known as Air Force One when the president is ...

The program for the Lockheed Martin [LMT] F-35 fighter could achieve significant sustainment cost savings in the coming years, per a section of the Government Accountability Office’s (GAO) 2022 annual report released last week. “The Department of Defense could reduce F-35 sustainment ...

The U.S. Air Force is to move to using Lockheed Martin [LMT] F-35As for organic adversary air training for its fighter pilots at Nellis AFB, Nev., after the service declined to renew a contract with Florida-based Draken International for such training. Draken has won several ADAIR training ...

A dramatic reduction in launch costs and the integration of ever advancing commercial space and allied space capabilities have led to a greater acceptance of risk by U.S. Space Force in developing new systems, a top U.S. Space Force official said on May 18. “In the early 2000s, the cost of ...

A U.S. Air Force B-52H Stratofortress released a prototype Lockheed Martin [LMT] AGM-183A Air-launched Rapid Response Weapon (ARRW) off the southern California coast on May 14, the U.S. Air Force said, thus marking the first flight test success after three aborted attempts last year. “ ...