WASHINGTON, June 9 (Reuters) – Lockheed Martin Corp
expects to sign a contract with the U.S. government early this
summer for an eighth batch of F-35 fighter jets, but the deal is
unlikely to match price reductions seen on the last few
contracts, the company’s top financial officer said Monday.
Chief Financial Officer Bruce Tanner said the company had
driven the price of the jets lower by 4 percent to 5 percent in
each of the previous three contracts, but savings of that
magnitude were unlikely on the next deal, which will be for 43
jets, given the lack of large quantity increases in the order.
WASHINGTON (Reuters) – The U.S. military and its main suppliers must globalize and adopt more commercial practices to stay competitive, according to a report released this week.
“We’re at another tipping point in the evolution of the defense industry,” said former U.S. Deputy Defense Secretary William Lynn, who co-chaired a task force that helped shape the report by the Center for a New American Security.
WASHINGTON, June 5 (Reuters) – Canada is poised to buy 65
Lockheed Martin Corp F-35 Joint Strike Fighter jets,
sources familiar with the process told Reuters, marking a major
renewal of Canada’s fighter fleet and helping contain costs of
the expensive defense program.
An 18-month review of Canada’s fighter jet needs has
concluded that the government should skip a new competition and
proceed with the C$9 billion ($8.22 billion) purchase, three
WASHINGTON (Reuters) – Canada is poised to buy 65 Lockheed Martin Corp F-35 Joint Strike Fighter jets, sources familiar with the process told Reuters, marking a major renewal of Canada’s fighter fleet and helping contain costs of the expensive defense program.
A detailed, 18-month review of Canada’s fighter jet needs has concluded that the government should skip a new competition and proceed with the C$9 billion ($8.22 billion) purchase, three sources said.
WASHINGTON, June 4 (Reuters) – The success or failure of an
upcoming U.S. missile defense test could affect when the
Pentagon deploys 14 more ground-based interceptors to defend
against possible missile threats from North Korea, a top U.S.
official said Wednesday.
Peppino DeBiaso, director of missile defense policy at the
Pentagon, told a conference hosted by the Brookings Institution
and Union of Concerned Scientists that an intercept test of the
Groundbased-Midcourse Defense (GMD) system was planned “shortly”
but gave no further details about the timing.
WASHINGTON, June 3 (Reuters) – Lockheed Martin Corp
this week will deliver the first of 36 F-16 fighter jets to
Iraq, marking what Baghdad’s envoy to the United States called a
“new chapter” in his country’s ability to defend its vast
borders with Iran and other neighbors.
Iraqi Ambassador Lukman Faily will travel to Lockheed’s Fort
Worth, Texas, plant on Thursday for a ceremony at which Lockheed
and the U.S. government will formally deliver the first F-16 to
WASHINGTON (Reuters) – The U.S. National Security Agency is not routinely collecting visual images of people in the United States or mining photographs taken for U.S. drivers’ licenses, the four-star U.S. Navy admiral who runs the spy agency said on Tuesday.
Admiral Mike Rogers, who heads the NSA and U.S. Cyber Command, acknowledged that the agency used facial recognition technology but said the aim was to deepen its knowledge of foreign intelligence targets and counterterrorism targets. He gave no specifics.
WASHINGTON, June 2 (Reuters) – Lockheed Martin Corp
on Monday beat out Raytheon Co to win a $915 million
contract from the U.S. Air Force for a ground-based radar that
will track about 200,000 pieces of old satellites and other
objects in space.
The Pentagon announced the fixed-price contract for the new
“Space Fence,” which includes an incentive fee, late on Monday
in its daily digest of major contract awards.
WASHINGTON (Reuters) – U.S. Navy Secretary Ray Mabus defended the embattled $34 billion Littoral Combat Ship program on Wednesday and said the ability to reconfigure the ships to carry out different missions would help the Navy keep pace with rapidly changing technologies.
A Navy task force is reassessing the program after Defense Secretary Chuck Hagel expressed significant concerns about the survivability and firepower of the LCS ships, and ordered a pause in orders after 32 ships.
DENVER, May 24 (Reuters) – U.S. officials are considering
using visa restrictions to prevent Chinese hackers from
attending the popular Defcon hacker conference in Las Vegas, as
part of a broad effort to curb Chinese cyber espionage, a senior
administration official said on Saturday.
The official said the U.S. government could use such visa
restrictions and other measures to maintain pressure on China
after the United States this week charged five Chinese military
officers and accused them of hacking into U.S. nuclear, metal
and solar companies to steal trade secrets.