WASHINGTON (Reuters) – The Pentagon on Tuesday said it had finalized a contract with Pratt & Whitney, a unit of United Technologies Corp (UTX.N: Quote, Profile, Research, Stock Buzz), for a seventh batch of F135 engines for the Lockheed Martin Corp (LMT.N: Quote, Profile, Research, Stock Buzz) F-35 fighter jet, and the company had agreed to pay to fix an engine issue that grounded the F-35 fleet this summer.
The U.S. Defense Department said its new $592 million contract with Pratt would cover 36 engines, adding to an earlier advanced procurement contract worth $88 million. The company also won a maintenance contract worth $263 million in December.
WASHINGTON, Oct 13 (Reuters) – Kongsberg Gruppen ASA
says its Naval Strike Missile (NSM) and a sister
missile developed to go into the bomb bay of the F-35 fighter
jet could generate billions of dollars of new revenues for the
Norwegian company in coming years.
Walter Qvam, president and chief executive of Kongsberg,
told Reuters that Russian aggression in Ukraine was seen as a
“serious new situation” in Europe, and was already starting to
drive European defense spending higher. Kongsberg was seeing
higher demand for its air-defense system, he said.
WASHINGTON, Oct 13 (Reuters) – The U.S. Army on Monday said
it expected to secure a 10-percent or greater cost reduction as
part of a five-year agreement with Boeing Co for more
Apache AH-64 attack helicopters that it hopes to negotiate for
fiscal year 2017 and beyond.
U.S. Army Colonel Jeff Hager, Apache program manager, told
reporters the Army still needed approval from Pentagon leaders
to proceed, but such a deal would provide greater stability to
Army leaders, Boeing and the larger industrial base.
WASHINGTON (Reuters) – The U.S. Army warned on Monday that mandatory budget cuts due to resume in fiscal 2016 would be devastating to a service that is already facing huge risks as it tries to keep forces ready for battle, replace aging equipment and respond to crises around the world.
“We have to have a national security debate … because there is too much going on,” U.S. Army Chief of Staff General Ray Odierno told reporters at the annual Association of the U.S. Army (AUSA) conference.
WASHINGTON (Reuters) – A U.S. government watchdog agency is asking the Air Force to explain why it decided to destroy 16 aircraft initially bought for the Afgan air force and turn them into $32,000 of scrap metal instead of finding other ways to salvage nearly $500 million in U.S. funds spent on the program.
John Sopko, special inspector general for Afghanistan reconstruction, asked Air Force Secretary Deborah James to document all decisions made about the destruction of the 16 C-27J aircraft that were stored at Kabul International Airport for years, and what the service planned to do with four additional planes now in Germany.
WASHINGTON, Oct 9 (Reuters) – The U.S. military needs a
“lasting” fix to the engine issue that grounded the F-35 fighter
fleet for several weeks this summer, given the importance of the
most advanced U.S. fighter jet for decades to come, a top U.S.
Navy official said this week.
Rear Admiral Mark Darrah, chief engineer for the Navy’s
Naval Air Systems Command, said the Navy was working closely
with F-35 maker Lockheed Martin Corp, engine
manufacturer Pratt & Whitney, which is a unit of United
Technologies Corp, the Air Force and the Pentagon’s F-35
WASHINGTON (Reuters) – The U.S. Navy this month launched “AIRWorks,” an initiative modeled on Lockheed Martin Corp’s Skunk Works and Boeing Co’s Phantom Works divisions that aims to develop new weapons more quickly to meet U.S. military needs.
AIRWorks completed several projects over the past year even as it took shape. They included bulletproofing V-22 tiltrotor aircraft built by Boeing and Textron Inc for the Air Force, and adding rockets to the Fire Scout unmanned helicopter built by Northrop Grumman Corp for the Navy.
WASHINGTON, Oct 7 (Reuters) – The U.S. Air Force said
foreign sales of 50 to 100 of the new long-range radar systems
to be developed by Raytheon Co could help lower the cost
of U.S. purchases in coming years.
Dave Allen, the Air Force’s lead engineer for the
next-generation radar program, said in an interview on Tuesday
that the program was designed from the start with “anti-tamper”
features and other equipment to enable easier exports.
WASHINGTON, Oct 7 (Reuters) – Raytheon Co expects
Qatar and the U.S. government to complete a long-awaited
multibillion-dollar agreement on a “significant” number of
Patriot missile defense systems before year end, a senior
company official told Reuters on Tuesday.
Tim Glaeser, vice president with Raytheon’s integrated
defense systems business, gave no exact details on the cost and
number of Patriot batteries involved, but said he expected the
two sides to reach a deal within the next four to eight weeks.
WASHINGTON, Oct 6 (Reuters) – Raytheon Co beat out
Lockheed Martin Corp and Northrop Grumman Corp
for a contract to build a next-generation long-range radar
system for the U.S. Air Force, the U.S. Defense Department said
The award marks another significant win for Raytheon in the
radar market, a deal valued at around $1 billion, and kicks off
the next phase of a program begun in 2009, when the Air Force
funded work on full-scale prototypes by all three companies.