By Mike Stone April 11, 2018 The U.S. Department of Defense has stopped accepting most deliveries of F-35 jets from Lockheed Martin Corp (LMT.N) because of a dispute over who will cover costs for fixing a production error, three people familiar with the matter said. Lockheed confirmed on Wednesday that the Pentagon had halted deliveries of […]
By Anthony Capaccio March 28, 2018 The U.S. Air Force may have to cut its purchases of Lockheed Martin Corp.’s F-35 by a third if it can’t find ways to reduce operations and support costs by as much as 38 percent over a decade, according to an internal analysis. The shortfall would force the service […]
By: Dan Grazier March 19, 2018 Jim Roche, then-Secretary of the Air Force, made an announcement on October 26, 2001, that all aviation enthusiasts had been waiting for: a winner had been picked to design and build the Joint Strike Fighter. The American people were assured the new jet would enter service in 2008 and […]
By Andrea Shalal March 23, 2016 The Pentagon expects to award contracts for a $3 billion, six-year effort to upgrade its newest warplane, the Lockheed Martin Corp F-35 fighter jet, by the end of 2018, the Air Force general who runs the $391 billion program said on Wednesday. Lieutenant General Chris Bogdan rejected a call […]
March 3, 2018 “Right now, we can’t afford the sustainment costs we have on the F-35,” Ellen Lord, the new Defense Department undersecretary for defense acquisition and sustainment, told reporters this week. “And we are committed to changing that.” The F-35 Joint Strike Fighter is the most expensive weapons program in US history and remains […]
By Cory Dawson March 20, 2018 School officials will begin conducting noise pollution tests soon at a South Burlington elementary school that sits about a half mile from Burlington International Airport runways. For years, teachers, students and staff at Chamberlin School — with 250 students from kindergarten through 5th grade — have endured jet noise […]
By Valerie Insinna March 9, 2018 Under the F-35 joint program office’s latest plan, follow-on modernization for the Joint Strike Fighter could add up to a total of $16 billion, the Defense Department’s program head confirmed Wednesday. Responding to questions from lawmakers about the price of implementing the new Continuous Capability Development and Delivery strategy, or C2D2, Vice […]
By Matthew Cox March 7, 2018 Lawmakers on Wednesday put senior military officials on the spot to explain how current acquisition reform efforts will prevent costly programs such as the F-35 Joint Strike Fighter from becoming “too big to fail.” Members of the House Armed Services Committee met with acquisition chiefs from the Army, Navy […]
By David Brennan March 9, 2018 The F-35 stealth jet will need an additional $16 billion worth of upgrades and development, the House of Representatives Armed Services Committee has been told. The F-35, made by Lockheed Martin, is already the most expensive weapons program of all time. It has now been revealed that the F-35 […]
By Dan Grazier March 8, 2018 The F-35 still has a long way to go before it will be ready for combat. That was the parting message of Dr. Michael Gilmore, the now-retired Director of Operational Test and Evaluation, in his last annual report. The Joint Strike Fighter Program has already consumed more than $100 […]