By Larry Darrell Dec 3, 2015 Lockheed Martin Corporation’s (NYSE:LMT) F-35 project has come under renewed question, as the Pentagon mulls a reduction in its budget for fiscal year 2017 (FY17). The Congress is expected to propose some budget caps that might directly impact the F-35’s budget, as the government spreads its finances toward other […]
By Jeff Schogol November 10, 2015 The F-35 is going to eat up so much of the Air Force’s procurement budget going forward that the service will likely have to reduce the number of joint strike fighters it buys to pay for other things, such as the Long Range Strike-Bomber, experts said on Tuesday. As part […]
By Christopher P. Cavas November 4, 2015 WASHINGTON — With a preliminary agreement in hand, negotiations between Lockheed Martin and the Pentagon for the Joint Strike Fighter Lot IX Joint Strike low-rate initial production contract continue, and a final agreement is expected next month, JSF Joint Program Office spokesman Joe DellaVedova said Wednesday. Under an […]
By STEVE GUEST November 5, 2015 Republican presidential candidate Donald Trump, who claims to be the “the best in terms of the military,” confused the F-35 Joint Strike Fighter program with the B-3 Long Range Strike Bomber program. Radio host Hugh Hewitt asked Trump if America needs a strategic bomber or “should we just stick with […]
By ANA RADELAT November 5, 2015 WASHINGTON — For years, the Pentagon was inflexible when talking about the number of F-35s it wants to buy — 2,443 — pushing back against any suggestions that it should trim that shopping list. But no more. The high price tag of the F-35, a Lockheed Martin aircraft whose engine […]
By Tyler Rogoway October 30, 2015 Presidential candidate Donald Trump is finally offering some specifics when it comes to defense policy, and on conservative talk radio host Hugh Hewitt’s program today he floated the possibility of cancelling the F-35 Joint Strike Fighter program if he gets elected. According to the Air Force Times, Trump said: […]
By Phillip Swarts October 30, 2015 Donald Trump wants to tell the F-35 that it’s fired. The businessman and Republican presidential candidate questioned the wisdom of purchasing the joint strike fighter during an appearance on a conservative radio talk show Oct. 22. “When they say that this cannot perform as well as the planes we […]
By Phillip Swarts November 2, 2015 Questions about the cost of the F-35 helmet come at a time when budget pressures have forced the Air Force to make radical cuts to end strength, modernization and training. The result is a concern that more than half of the force is “not sufficiently ready” for highend battle, Air […]
By Aaron Mehta November 2, 2015 The chairman of the Senate Armed Services Committee, John McCain, R-Ariz., said Oct. 21 the U.S. will have to cut the numbers of F-35 fighter jets it will purchase. In a brief comment to reporters, McCain seemed to signal that the total projected buy for the Pentagon’s most costly […]
By Phillip Swarts November 2, 2015 When the Joint Strike Fighter, the F-35 Lightning II, finally takes to the skies on its first official mission, it will be one of the most advanced and one of the most expensive planes ever. And the pilots flying the aircraft will be wearing the most advanced and most […]