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Oct 14, 2015

U.S. Sen. McCain: No ‘free pass’ for Lockheed’s minehunter

WASHINGTON, Oct 14 (Reuters) – Senator John McCain on
Wednesday urged U.S. military officials to carefully examine
what the Pentagon’s chief arms tester has called “inflated”
estimates of the reliability of a remote minehunting vehicle
developed by Lockheed Martin Corp.

McCain, who heads the Senate Armed Services Committee, told
Reuters in a statement that he welcomed the Navy’s decision to
order an independent review of the long-delayed Remote
Minehunting System, or RMS, being developed for a new fleet of
littoral, or coastal, warships.

Oct 14, 2015

Saudi Arabia signs deal for 320 PAC-3 missiles – Lockheed

WASHINGTON, Oct 14 (Reuters) – Saudi Arabia signed an
agreement last week with the U.S. government for the purchase of
320 more Patriot PAC-3 missiles built by Lockheed Martin Corp
, and may accelerate its plans to buy the longer-range
THAAD system, a senior Lockheed official told Reuters this week.

The PAC-3 sale is part of a larger possible deal valued at
$5.4 billion for a total of 600 PAC-3 missiles that was approved
by the U.S. government in July. Such approvals, which do not
guarantee a deal will be reached, are followed by negotiations
about an actual sale.

Oct 14, 2015

McCain urges scrutiny of Lockheed minehunting vehicle

WASHINGTON (Reuters) – Senator John McCain on Wednesday urged U.S. military officials to carefully examine what the Pentagon’s chief arms tester has called “inflated” estimates of the reliability of a remote minehunting vehicle developed by Lockheed Martin Corp.

McCain, chairman of the Senate Armed Services Committee, told Reuters in a statement that he welcomed the Navy’s decision to order an independent review of the long-delayed Remote Minehunting System being developed for a new fleet of littoral, or coastal, warships.

Oct 14, 2015

U.S. Sen McCain urges scrutiny of Lockheed minehunting vehicle

WASHINGTON, Oct 14 (Reuters) – Senator John McCain on
Wednesday urged U.S. military officials to carefully examine
what the Pentagon’s chief arms tester has called “inflated”
estimates of the reliability of a remote minehunting vehicle
developed by Lockheed Martin Corp.

McCain, chairman of the Senate Armed Services Committee,
told Reuters in a statement that he welcomed the Navy’s decision
to order an independent review of the long-delayed Remote
Minehunting System being developed for a new fleet of littoral,
or coastal, warships.

Oct 14, 2015

U.S. Navy orders review of Lockheed’s remote minehunting system

WASHINGTON (Reuters) – The U.S. Navy said on Tuesday it had ordered an independent review of the long-delayed Remote Minehunting System being developed by Lockheed Martin Corp for a new fleet of coastal warships, with a close look at possible alternatives.

The review team will look at the capability and reliability of the remote-controlled minehunting system, which will tow an advanced sonar to hunt for mines and replace the use of manned minehunting ships, said Navy spokeswoman Captain Thurraya Kent.

Oct 12, 2015

Boeing eyes 150 more CH-47 helicopter sales through 2022

WASHINGTON (Reuters) – Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) on Monday said it expects to sell 150 more of its popular CH-47F Chinook helicopters to foreign countries through 2022, with the helicopter drawing strong interest from new countries outside the 19 nations that already operate it.

Steve Parker, Boeing’s vice president for cargo helicopters, told Reuters that Boeing expected a number of buyers from Europe, the Middle East and Africa, including “quite a number of new additional countries.” He declined to give further details.

Oct 12, 2015

Lockheed delivered fraction of missile defense interceptors

WASHINGTON, Oct 12 (Reuters) – Lockheed Martin Corp
delivered only three of 44 interceptors for the THAAD missile
defense system in fiscal year 2015 due to a seven-month halt in
production caused by computer issues, the U.S. Missile Defense
Agency said.

The interceptors for the Terminal High Altitude Area Defense
program, which has an average budget of $800 million a year, are
now expected to be delivered by September 2016, Rick Lehner,
spokesman for the agency, said in an email to Reuters.

Oct 10, 2015

Lockheed F-35s finish at-sea test flights as U.S. Navy warms to new jet

ABOARD USS EISENHOWER (Reuters) – Two Lockheed Martin Corp F-35 fighter jets wrapped up a second round of successful test flights off the USS Dwight D. Eisenhower aircraft carrier on Friday, a key milestone toward operational use of the jets by the U.S. Navy in coming years.

The flight tests took place about 100 miles off the coast of Norfolk, Virginia, in crosswinds of about 40 knots, and included the first night flights at sea with a redesigned helmet made by Rockwell Collins Inc and Israel’s Elbit Systems.

Oct 10, 2015

Lockheed F-35s finish at-sea test flights as US Navy warms to new jet

ABOARD USS EISENHOWER, Oct 9 (Reuters) – Two Lockheed Martin
Corp F-35 fighter jets wrapped up a second round of
successful test flights off the USS Dwight D. Eisenhower
aircraft carrier on Friday, a key milestone toward operational
use of the jets by the U.S. Navy in coming years.

The flight tests took place about 100 miles off the coast of
Norfolk, Virginia, in crosswinds of about 40 knots, and included
the first night flights at sea with a redesigned helmet made by
Rockwell Collins Inc and Israel’s Elbit Systems.

Oct 9, 2015

Pentagon denies Russian rocket engine waiver for Lockheed-Boeing venture

WASHINGTON, Oct 9 (Reuters) – The Pentagon on Friday
declined to waive a U.S. law banning the use of Russian rocket
engines for military and spy satellite launches, rejecting an
urgent request from United Launch Alliance, a joint venture of
Lockheed Martin Corp and Boeing Co.

ULA, the monopoly provider of such launches since its
creation in 2006, has said it needs the waiver to compete
against privately held Space Exploration Technologies Corp, or
SpaceX, in a new U.S. Air Force competition for satellite
launches. Bids are due for the competition by Nov. 16.