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Keyword: lockheed

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  • Lockheed Martin will be hiring ‘on the spot’ Tuesday for F-35 jobs (Texas)

    07/16/2017 1:59:04 AM PDT · by 2ndDivisionVet · 14 replies
    The Fort Worth Star-Telegram ^ | July 13, 2017 | Max B. Baker
    FORT WORTH — Lockheed Martin will be interviewing at least 2,000 people for jobs next week — with some people being offered employment “on the spot” — as part of the buildup of F-35 production at its Fort Worth plant. Lockheed already has cleared about 1,900 applicants who pre-registered through social media for interviews, but anyone who thinks they may be qualified for one of the jobs, especially in manufacturing, can come to the Sheraton Fort Worth Downtown Hotel on Tuesday. The event opens at 7 a.m. “We’re really ramping up the activity to do this hiring. This is new...
  • Lockheed nears $37 billion-plus deal to sell F-35 jet to 11 countries

    06/19/2017 12:31:38 AM PDT · by Krosan · 16 replies
    Reuters ^ | Sun Jun 18, 2017 | Mike Stone
    Lockheed Martin Corp (LMT.N) is in the final stages of negotiating a deal worth more than $37 billion to sell a record 440 F-35 fighter jets to a group of 11 nations including the United States, two people familiar with the talks said. This would be the biggest deal yet for the stealthy F-35 jet, set to make its Paris Airshow debut this week. The sale represents a major shift in sales practices from annual purchases to more economic multi-year deals that lower the cost of each jet. The pricing of the jets was still not final, although the average...
  • Kushner called Lockheed CEO to get a better arms deal for Saudi Arabia

    05/19/2017 6:10:20 AM PDT · by blueplum · 39 replies
    The Hill ^ | 18 May 2017 10:03pm | Max Greenwood
    President Trump's senior adviser and son-in-law Jared Kushner personally called the CEO of Lockheed Martin during a meeting with a Saudi delegation earlier this month to ask her to cut the price of a missile defense system, The New York Times reported Thursday. The call was part of Kushner's effort to secure a roughly $110 billion arms sale to Saudi Arabia before Trump's scheduled trip to the kingdom on Friday.  During the meeting with the delegation, Kushner determined that cost could prohibit the Saudis from purchasing a THAAD missile defense system, which is designed to shoot down intermediate-range ballistic missiles. 
  • Lockheed Martin completes new battle laser for U.S. military

    03/17/2017 10:08:43 PM PDT · by deek69 · 27 replies
    CNBC ^ | 3/17/2017 | David Reid
    Lockheed Martin (LMT)said it has finished developing a 60 Kilowatt (kW) laser system and is now getting ready to hand it over to the U.S. Army. The aerospace and defense firm claimed in a press release Thursday that in testing earlier this month the laser beam system achieved a 58kW blast, a world record for a laser of this type.
  • Pentagon Strikes New F-35 Deal With Lockheed After Trump Involvement

    02/04/2017 2:36:56 PM PST · by Enlightened1 · 16 replies
    Fox News ^ | 03/03/17
    The Pentagon announced the deal would bring the cost per jet for the F-35A below $100 million for the first time -- to $95 million, marking a 7.3 percent drop in price from the last order. Officials estimated, based on the per-plane price of the most recent F-35 order, the new agreement represents a $728 million reduction. White House Press Secretary Sean Spicer declared it “another big win that the president has delivered on for U.S. taxpayers.”
  • Lockheed Lowers Price on F-35 Fighters, After Prodding by Trump

    02/04/2017 5:49:43 AM PST · by GonzoII · 26 replies
    New York Times ^ | February 3, 2017 | CHRISTOPHER DREW
    After weeks of pressure from President Trump, Lockheed Martin agreed on Friday to a somewhat larger price cut on its F-35 fighters than it had on the last few orders, and finally brought the cost of the main version below $100 million for each jet. The Pentagon will buy 90 of the radar-evading planes under the new contract for $8.2 billion. The F-35 is by far the Pentagon’s largest program; it has plans to eventually build more than 2,400 of them for the Air Force, Navy and Marines, and hundreds more for allies. Mr. Trump began to criticize the much-delayed...
  • Lockheed Martin announces 1800 added jobs, lower F-35 costs after Trump meeting

    01/13/2017 1:17:02 PM PST · by SeekAndFind · 50 replies
    Hotair ^ | 01/13/2017 | Ed Morrissey
    If nothing else, we may be seeing what can happen when a little more competition gets introduced into government contracting. A few weeks ago, Donald Trump publicly complained about the price of the F-35, being produced by Lockheed Martin, calling it “out of control,” and suggested that he’d check in with Boeing on whether they could do any better. This wasn’t too long after Trump slammed Boeing for the cost of the new Air Force One fleet, and suggested that he’d cancel the program and look for someone else to build it.How did all that work out? Boeing and...
  • Now Trump hints at cancelling the F-35 ... (trunc)

    12/22/2016 4:07:34 PM PST · by libstripper · 63 replies
    Daily Mail ^ | Dec. 22, 2017 | Goeff Earle
    President-elect Donald Trump took his air war with defense contractor Lockheed Martin to another level Thursday with a tweet threatening the future of the costly F-35 aircraft.
  • Donald Trump Meets With Boeing, Lockheed CEOs (working for the American people holiday)

    12/21/2016 2:30:39 PM PST · by NYer · 48 replies
    WSJ ^ | December 21, 2016 | DOUG CAMERON and Biography @dougcameron Doug.Cameron@dowjones.com DAMIAN PALETTA
    Boeing CEO Dennis Muilenburg leaves after a meeting with U.S. President-elect Donald Trump at Mar-a-Lago in Palm Beach, Fla., on Wednesday. PHOTO: CARLOS BARRIA/REUTERS President-elect Donald Trump met on Wednesday with the chief executives of Boeing Co. and Lockheed Martin Corp., the nation’s two largest defense contractors, two weeks after he started publicly berating the cost of some of their military projects.The meetings with Boeing’s Dennis Muilenburg and Lockheed’s Marillyn Hewson were held at Mar-a-Lago in Palm Beach, Fla., where Mr. Trump is staying for the Christmas holiday.Mr. Muilenburg previously spoke to Mr. Trump via telephone on Dec. 6, shortly...
  • Will Super Hornets bridge IAF's 200-aircraft gap?

    11/04/2016 9:46:45 AM PDT · by Jyotishi · 5 replies
    Business Standard, Rediff News ^ | Friday, November 4, 2016 | Ajay Shukla
    Will Super Hornets bridge IAF's 200-aircraft gap? November 04, 2016 15:11 IST Boeing expects the IAF to soon place an inquiry for twin-engine fighter jets to bridge a 200-aircraft gap in its armoury. And the Super Hornet is ready to fly in, reports Ajai Shukla. The Indian Air Force has already approached major global fighter vendors, inviting them to build single-engine, medium fighters in India.Now the spotlight is expanding to encompass heavier, twin-engine fighters as well.On Thursday, November 3, Pratyush Kumar, president, Boeing India revealed that he expected a second inquiry from the IAF, asking international manufactures for interest...
  • WWII pilot, 101, gets one last flight in his 'godsend' P-38

    10/23/2016 11:16:06 AM PDT · by EveningStar · 74 replies
    The Gazette (Colorado Springs, Colorado) ^ | October 19, 2016 | Tom Roeder
    Frank Royal's Air Force took off at 1:38 p.m. A vintage aircraft clawed through the air followed by two chase planes, one carrying the 101-year-old pilot. The last plane in the formation brought a tear to Royal's eye. Its sleek lines still raise his pulse. He can hear the thrum of its twin engines without his hearing aids - World War II ingrained the 24-cylinder symphony permanently in his mind. He has good reason to remember the details. That very plane, a fully restored P-38 Lightning named White-33, was Royal's first love. And he flew over Colorado Springs to tell...
  • Exposed: FBI Director James Comey’s Clinton Foundation Connection

    09/10/2016 3:32:11 PM PDT · by Rockitz · 161 replies
    Breitbart.com ^ | 10 Sep 2016 | Patrick Howley
    WASHINGTON, D.C. — A review of FBI Director James Comey’s professional history and relationships shows that the Obama cabinet leader — now under fire for his handling of the investigation of Hillary Clinton — is deeply entrenched in the big-money cronyism culture of Washington, D.C. His personal and professional relationships — all undisclosed as he announced the Bureau would not prosecute Clinton — reinforce bipartisan concerns that he may have politicized the criminal probe. These concerns focus on millions of dollars that Comey accepted from a Clinton Foundation defense contractor, Comey’s former membership on a Clinton Foundation corporate partner’s board,...
  • Singapore delaying decision on F-35 fighter purchase: Report

    08/11/2016 2:54:23 AM PDT · by djsunzi · 5 replies
    The Straits Times (Singapore) ^ | AUG 11, 2016 | Adrian Lim
    Singapore is reportedly holding off a decision to buy the Lockheed Martin F-35 jet, a multi-role stealthy warplane that is touted as the world's most advanced fighter. A Bloomberg article published on Tuesday said the Republic's Permanent Secretary of Defence Development - who was not named in the story - informed the United States in mid-June that Singapore would be delaying the final steps of the purchasing process. The report added that Singapore had intended to acquire four F-35s by around 2022, with the option to purchase another eight more, citing information from the Pentagon's programme office.
  • New Report Details What 31 US Air Force Pilots Who Flew the F-35 Really Think

    08/06/2016 9:39:08 AM PDT · by Mariner · 58 replies
    The National Interest ^ | August 6th, 2016 | John Venable
    Air Force Gen. Herbert “Hawk” Carlisle, commander of Air Combat Command, this week declared the F-35A fighter jet ready for combat. While many pundits and politicians have questioned the worth of this jet, the only people who know the ground truth are the pilots themselves. A total of 174 U.S. pilots currently have been trained to fly Lockheed Martin’s F-35A Lightning II. The Heritage Foundation recently interviewed 31 of these former F-15C, F-15E, F-16C, and A-10 pilots. Each expressed a high degree of confidence in the F-35A, their new fifth-generation platform. Here are nine insights gleaned from those conversations: 1....
  • Computer Crash Wipes Out Years of Air Force Investigation Records

    06/15/2016 7:58:41 AM PDT · by Lorianne · 74 replies
    Defense One ^ | 13 June 2016 | Patrick Tucker
    The U.S. Air Force has lost records concerning 100,000 investigations into everything from workplace disputes to fraud. A database that hosts files from the Air Force’s inspector general and legislative liaison divisions became corrupted last month, destroying data created between 2004 and now, service officials said. Neither the Air Force nor Lockheed Martin, the defense firm that runs the database, could say why it became corrupted or whether they’ll be able to recover the information. Lockheed tried to recover the information for two weeks before notifying the Air Force, according to a service statement. The Air Force has begun asking...
  • Pakistan Fails to Seal F-16 Deal

    06/01/2016 7:08:47 AM PDT · by mac_truck · 11 replies
    The Diplomat ^ | 5/31/2016 | Franz-Stefan Gady
    Pakistan failed to move forward with the purchase of eight U.S.-made F-16C/D Block-52 fighter aircraft following a dispute over financing, Dawn reported on May 28. According to an unidentified source Pakistan failed to provide a so-called Letter of Acceptance for the procurement of the eight fighter jets by May 24 and the offer expired. “Pakistan decided not to fully fund the case with national funds, so the terms of sale have now expired,” the source told Dawn. U.S. lawmakers have been blocking financing for the eight F-16s under the so-called Foreign Military Financing (FMF), with the result that Pakistan would...
  • Norwegian pilot counters leaked F-35 dogfight report

    03/01/2016 3:11:46 AM PST · by sukhoi-30mki · 16 replies
    Flightglobal.com ^ | March/01/2016 | STEPHEN TRIMBLE
    A Norwegian fighter pilot has published a soft rebuttal to a damaging critique leaked last summer about the Lockheed Martin F-35A’s dogfighting prowess, contradicting many of the critical points made in the scathing review written by a Lockheed test pilot. Royal Norwegian Air Force Maj Morten “Dolby” Hanche, a US Navy test pilot school graduate with 2,200 flight hours in Lockheed F-16s, has flown several mock dogfights from Luke AFB in Arizona since becoming the nation’s first F-35 pilot last November. These have yet to advance to performing "dissimilar" training against other aircraft types. In a blog post on Norway’s...
  • Lockheed wins more than $1 billion contract for C-130J aircraft

    01/05/2016 10:16:42 PM PST · by Mariner · 16 replies
    Reuters ^ | January 5th, 2016 | Idrees Ali
    ockheed Martin Corp has been awarded a contract worth more than $1 billion for 32 C-130J aircraft, the Pentagon said on Wednesday. The work is expected to be completed by April 2020, the Department of Defense said in its daily digest of major contract awards. Earlier this year, Lockheed announced that it had reached a verbal agreement with the U.S. Air Force for a five-year contract to build up to 83 C-130J Super Hercules transport planes for the Air Force, Coast Guard and Marine Corps through 2020.
  • Boeing, Lockheed to continue protest against U.S. bomber deal

    12/19/2015 11:27:56 AM PST · by EveningStar · 31 replies
    Reuters ^ | December 19, 2015 | Andrea Shalal
    Boeing Co and Lockheed Martin Corp said they will continue their protest against the Air Force's selection of Northrop Grumman Corp to build a new long-range strike bomber, calling that process "irreparably flawed".
  • Lockheed’s airship gets the green light: FAA approves hybrid vehicle...

    11/20/2015 1:57:39 PM PST · by SatinDoll · 56 replies
    The Daily Mail ^ | Nov. 19, 2015 | Ellie Zolfagharifard and Hugo Gye
    Lockheed Martin has been given the green light to build its radical hybrid airship that will launch in 2018. The US Federal Aviation Administration has this week approved a certification plan developed by the company, taking it one step closer to starting commercial deliveries. Lockheed says the airships can transport heavy cargo to remote locations, burn significantly less fuel than conventional aircraft and land on any flat surface, including sand, snow and water.