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Air Force

Lockheed Martin, DoD Reach Nearly $9 Billion F-35 LRIP 10 Deal

Pat Host

Friday, February 3rd, 2017

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Lockheed Martin, DoD Reach Nearly $9 Billion F-35 LRIP 10 Deal

The first two combat-coded F-35A Lightning II aircraft arrive at Hill Air Force Base, Utah, Sept. 2, 2015. Photo: Air Force.

The Pentagon and Lockheed Martin [LMT] on Friday reached a deal on a new batch of F-35s that totals roughly $9 billion.The total low rate initial production (LRIP) lot 10 deal includes 90 aircraft—55 jets for the United States and 35 jets for international partners and foreign military sale (FMS) customers, according to a Defense Department statement. DoD said LRIP 10 unit costs were $94.6 million for the Air Force’s F-35A; $122.8 million for the Marine Corps’ F-35B short takeoff…

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

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Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

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Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

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