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Sep 9, 2014

Lockheed, Pentagon say near deal on next batch of F-35s

WASHINGTON, Sept 9 (Reuters) – Lockheed Martin Corp
is in the final stages of negotiations with the Pentagon about
an eighth batch of F-35 fighter jets, with an agreement weeks or
perhaps only days away, a company executive and a senior
military officer said Tuesday.

The deal, valued by analysts at over $4 billion, will cover
43 of the most advanced U.S. warplanes. Lockheed is building
three models of the Joint Strike Fighter, or Lightning II, for
the U.S. military and nearly a dozen foreign countries.

Sep 9, 2014

Pratt sees clarity on ‘root cause’ of F-35 engine issue by end Sept.

WASHINGTON, Sept 9 (Reuters) – United Technologies Corp’s
Pratt & Whitney unit said the “root cause” of the June
23 engine failure on a Lockheed Martin Corp F-35 fighter
jet should be clear by the end of September, which would pave
the way for over $1 billion in contracts for another 84 engines.

Engine maker Pratt & Whitney said it has delivered six of
its F135 engines to the U.S. government since Aug. 29, when it
resumed deliveries that had been halted after the June incident
which grounded the F-35 fleet for weeks and prevented its
international debut.

Sep 9, 2014

Lockheed says close to U.S. contract for next batch of F-35s

WASHINGTON (Reuters) – Lockheed Martin Corp (LMT.N: Quote, Profile, Research, Stock Buzz) is in the final stages of negotiations with the Pentagon about an eighth batch of F-35 fighter jets, with an agreement weeks or perhaps only days away, the head of the company’s aeronautics division said on Tuesday.

Orlando Carvalho, executive vice president of Lockheed’s aeronautics division, said the company was in daily touch with the U.S. Defense Department about a few remaining issues on the next order of 43 warplanes.

Sep 9, 2014

Pratt sees knowing ‘root cause’ of F-35 engine issue by end Sept.

WASHINGTON, Sept 9 (Reuters) – United Technologies Corp’s
Pratt & Whitney unit said the “root cause” of the June
23 engine failure on a Lockheed Martin Corp F-35 fighter
jet should be clear by the end of September, which would pave
the way for over $1 billion in contracts for another 84 engines.

Engine maker Pratt & Whitney said it has delivered six of
its F135 engines to the U.S. government since Aug. 29, when it
resumed deliveries that had been halted after the June incident
which grounded the F-35 fleet for weeks and prevented its
international debut.

Sep 9, 2014

U.S. report rips Boeing, Raytheon quality controls on missile defense

WASHINGTON, Sept 8 (Reuters) – The Pentagon’s internal
watchdog on Monday said it found numerous quality control
problems during an investigation of the troubled “kill vehicle”,
or warhead, built by Raytheon Co for the Boeing
Co -led U.S. missile defense system.

In the report, the Pentagon’s inspector general said quality
standards were not met in 48 specific cases, involving issues
that ranged from software testing, supply chain requirements and
management of design changes that made the kill vehicle
“suspectible to quality assurance failures.”

Sep 6, 2014

U.S. agency urged to yank vetting firm contract

WASHINGTON (Reuters) – U.S. lawmakers have urged the Department of Homeland Security (DHS) to withdraw a $190 million border security contract awarded to a company which checks government employees’ backgrounds and suffered a cyber attack disclosed last month.

Five Republican members of the U.S. House of Representatives said this week it was “unconscionable and indefensible” of DHS to award the contract to US Investigations Services (USIS). The company is facing fraud charges from the U.S. Justice Department for “dumping” 665,000 background check cases without conducting proper reviews.

Sep 5, 2014

U.S. eyes deal with South Korea on F-16 upgrades by year-end: sources

WASHINGTON (Reuters) – The U.S. government hopes to hammer out an agreement with South Korea by the end of the year for the U.S. unit of Britain’s BAE Systems Plc (BAES.L: Quote, Profile, Research, Stock Buzz) to carry out $1 billion-plus of upgrades to more than 130 F-16 fighter jets, sources familiar with the discussions said this week.

The U.S. Air Force has been leading talks with Seoul about the second phase of a contract won by BAE in 2012, when it beat out F-16 maker Lockheed Martin Corp (LMT.N: Quote, Profile, Research, Stock Buzz) to upgrade 134 of South Korea’s fighter jets for $1.3 billion.

Sep 5, 2014

U.S. eyes deal with S.Korea on F-16 upgrades by year-end -sources

By Andrea Shalal

WASHINGTON, Sept 5(Reuters) – The U.S. government hopes to
hammer out an agreement with South Korea by the end of the year
for the U.S. unit of Britain’s BAE Systems Plc to carry
out $1 billion-plus of upgrades to more than 130 F-16 fighter
jets, sources familiar with the discussions said this week.

The U.S. Air Force has been leading talks with Seoul about
the second phase of a contract won by BAE in 2012, when it beat
out F-16 maker Lockheed Martin Corp to upgrade 134 of
South Korea’s fighter jets for $1.3 billion.

Sep 4, 2014

U.S. aims to fund alternative to Russian rocket engine in 2016

WASHINGTON, Sept 3 (Reuters) – The U.S. government hopes to
add funding to its 2016 budget for alternatives to Russian-made
rocket engines to launch sensitive satellites, a key Pentagon
official said Wednesday.

Defense Undersecretary Frank Kendall, the Pentagon’s chief
weapons buyer, said Russia’s aggression in Ukraine had clearly
increased concerns about America’s dependence on Russia-built
RD-180 rocket engines that power the heavy-lift Atlas 5 rockets
used to carry U.S. military and spy satellites into space.

Sep 3, 2014

Pentagon says cost to fix F-35 engine issue “relatively minor”

WASHINGTON, Sept 3 (Reuters) – Pentagon chief arms buyer
Frank Kendall said the United States was close to a design fix
for the Pratt & Whitney engine that powers Lockheed Martin
Corp’s F-35 fighter jet after a major engine failure in
June, and the cost would be “relatively minor.”

Kendall told reporters after a defense conference that the
Pentagon was setting up test fixtures to ensure that the
corrective action proposed by engine maker Pratt, a unit of
United Technologies Corp was acceptable and adequate.