Keyword: lockheedmartin

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  • Four candidates short-listed in Korea's stealth jet project

    07/20/2011 8:19:49 AM PDT · by sukhoi-30mki · 9 replies
    Yonhap News ^ | 2011-07-20
    Four candidates short-listed in Korea's stealth jet project 2011-07-20 21:16 Korea will acquire a new generation of stealth fighter jets from overseas to better counter North Korean provocations, the local defense procurement agency said Wednesday. The Defense Acquisition Program Administration (DAPA) said it has narrowed down the candidates to four fighters: the F-15SE Silent Eagle by Boeing, F-35 Lightning II by Lockheed Martin, Eurofighter Typhoon by the European Aeronautic Defense and Space Company (EADS) and the T-50 PAK-FA by Russian firm Sukhoi. According to DAPA, the project to acquire 60 fifth-generation stealth fighters is worth 8.29 trillion won ($7.86 billion)....
  • Boeing's fighting comeback

    07/12/2011 7:35:51 AM PDT · by sukhoi-30mki · 6 replies
    Flight International ^ | 12/07/11 | Stephen Trimble
    Boeing's fighting comeback By Stephen Trimble Stephen Trimble/Pairs and St Louis Nearly 10 years ago it strongly appeared that Boeing might be a spent force in the manned fighter aircraft business. Lockheed Martin's victory in the competition for the Joint Strike Fighter (JSF) contract - announced on 26 October 2001 - sounded the warning. The only new tactical fighter planned during the next 25 years or so would roll off Lockheed's assembly line in Fort Worth - not Boeing's fighter factory in St Louis. The F-35 was first scheduled to enter service in 2008. By then, orders for the F/A-18E/F...
  • U.S. Set to Sell Fighters to Iraq

    07/11/2011 9:38:54 PM PDT · by sukhoi-30mki · 18 replies
    The Wall Street Journal ^ | JULY 12, 2011 | ADAM ENTOUS, BEN LANDO, NATHAN HODGE
    U.S. Set to Sell Fighters to Iraq By ADAM ENTOUS and BEN LANDO in Baghdad and NATHAN HODGE in Washington Iraq has quietly started negotiations to buy U.S. fighter jets and air-defense systems worth billions of dollars, a purchase Washington hopes will help counter Iranian influences and cement long-term ties with Baghdad after American troops pull out. Baghdad had frozen plans to buy 18 advanced U.S. F-16 fighters earlier this year after the Arab Spring protests in the region turned its attention to internal stability. Now, senior U.S. and Iraqi officials said Iraq is considering raising its purchase to as...
  • Will Lockheed's Rival Crash and Burn?

    07/07/2011 11:11:41 AM PDT · by sukhoi-30mki · 4 replies
    The Motley Fool ^ | 07/07/2011 | Rich Smith
    Will Lockheed's Rival Crash and Burn? By Rich Smith Investors know the saying: "Bulls make money, bears make money, but pigs get slaughtered." If you stumble onto a "good thing," don't get greedy -- take a fair profit. France's Dassault would be wise to heed that lesson. Yesterday, reported that Dassault has run into trouble in negotiations to sell the United Arab Emirates a fleet of Rafale fighter jets. The UAE wanted to purchase several dozen of the jets to replace its 63 French Mirage fighters. But a deal that was supposed to cost somewhere between $2.5 billion and...
  • Ex-DEA Informant Was Terrorist Mole, Plotted to Kill Lockheed Martin Chief (David Headley)

    06/01/2011 8:37:45 AM PDT · by decimon · 7 replies
    Daily Tech ^ | June 1, 2011 | Jason Mick
    Pakistani terrorist helped carry out deadly attacks worldwideIt's not easy being the chief of one of the U.S. Department of Defense's largest contractors. At the trial of accused terrorist David Coleman Headley, he revealed that he plotted with al-Qaida and local Pakistani terrorists to assassinate the head of Lockheed Martin Corp. (LMT). I. A Troubled PastDavid Headley grew up as Daood Sayed Gilani. The son of a U.S. government radio broadcaster and diplomat at the U.S. Pakistani embassy in Washington D.C., Mr. Gilani was immersed in American culture. But when his parent's marriage fractured in 1960s Mr. Gilani was dragged...
  • US may re-enter MMRCA race, offer F-35 to IAF

    06/21/2011 4:58:14 AM PDT · by sukhoi-30mki · 15 replies
    CNN-IBN, India ^ | Jun 21, 2011
    US may re-enter MMRCA race, offer F-35 to IAF CNN-IBN Updated Jun 21, 2011 at 03:48pm IST New Delhi: US aerospace giant Lockheed Martin may re-enter the Indian Medium Multi-Role Combat Aircraft (MMRCA) race. The powerful Senate Armed Services Committee of the US is pushing the Defense Department to offer India the high-tech F-35 stealth fighter aircraft, the world’s only fifth generation multi-role fighter, built by Lockheed Martin. The move comes after Lockheed's F-16IN Super Viper and Boeing's F/A-18 Super Hornet were eliminated from the MMRCA race two months ago. The US Senate intervention comes at a time when the...
  • Lockheed seeks Hellfire's successor

    06/12/2011 8:55:44 PM PDT · by sukhoi-30mki · 1 replies
    Orlando Sentinel ^ | June 12, 2011 | Richard Burnett
    Lockheed seeks Hellfire's successor By Richard Burnett, Orlando Sentinel 10:19 PM EDT, June 12, 2011 Lockheed Martin Corp. is playing the "jobs card" as it seeks to counter the budget-cutting climate in Washington. Earlier this month, the nation's largest military contractor brought a contingent of company executives to its missiles unit in south Orlando to tout the economic benefits of the F-35 Joint Strike Fighter program in Central Florida (525 jobs and $800 million annually). At a record cost approaching $1 trillion (a congressional figure that Lockheed disputes), the F-35 stealth jet is the frequent target of congressional budget-cutting proposals....

    06/24/2010 2:59:51 AM PDT · by Cindy · 43 replies
    SNIPPET: "Al Qaeda commander continues to pose a threat to U.S. and South Asian security as Pakistan’s military and intelligence services look the other way” IPT News June 22, 2010 SNIPPET: “Top Al Qaeda commander Ilyas Kashmiri poses a major threat to U.S. interests both at home and abroad. Described by intelligence agencies “as the most effective, dangerous and successful guerrilla leader in the world,” Kashmiri heads Al Qaeda’s military operations wing. He figures prominently in two recent high-profile terrorism indictments issued in Chicago. But Kashmiri remains free in South Asia and in control of a renowned Al Qaeda terror...
  • Chicago Resident David Coleman Headley Pleads Guilty... [Re: Mumbai, India, Let, Denmark]

    03/18/2010 3:27:38 PM PDT · by Cindy · 16 replies · 574+ views
    Note: The following text is a quote: FOR IMMEDIATE RELEASE Thursday, March 18, 2010 Chicago Resident David Coleman Headley Pleads Guilty to Role in India and Denmark Terrorism Conspiracies Admits Conducting Surveillance for Lashkar e Tayyiba in Planning 2008 Mumbai Attacks David Coleman Headley, a U.S. citizen of partial Pakistani descent, pleaded guilty today to a dozen federal terrorism charges, admitting that he participated in planning the November 2008 terrorist attacks in Mumbai, India, as well as later planning to attack a Danish newspaper. In pleading guilty to all 12 counts that were brought against him in December and were...
  • FBI raid at meat processor believed tied to immigration irregularities [UPDATE:TERROR PLOT -ARRESTS]

    10/21/2009 12:39:00 AM PDT · by Cindy · 162 replies · 5,266+ views
    CHICAGO ^ | October 20, 2009 | Tribune staff report
    SNIPPET: "Search at Grundy County plant called part of ongoing probe" SNIPPET: "But a source said the owner of the plant, which processes lamb and goat, was taken into custody at his home in Chicago. Documents and records were taken from the plant and from a Chicago travel agency on West Devon Avenue, also owned by the same person, the source said."
  • Lockheed Martin hit by cyber incident, U.S. says

    05/28/2011 7:00:40 PM PDT · by SeekAndFind · 16 replies
    Reuters ^ | 05/28/2011
    Lockheed Martin Corp, the world's biggest aerospace company and the Pentagon's No. 1 supplier by sales, has been hit by an unspecified cyber incident, the government said on Saturday. The Department of Homeland Security said it and the Defense Department had offered to help gauge the scope of a "cyber incident impacting LMCO," as the maker of fighter jets, ships and other major weapons systems is known. The U.S. government also has offered to help analyze "available data in order to provide recommendations to mitigate further risk," Chris Ortman, a Homeland Security official, said in an e-mailed reply to a...
  • F-16's long run may finally be winding down

    05/27/2011 10:07:51 PM PDT · by sukhoi-30mki · 20 replies
    Star Telegram ^ | May. 27, 2011 | Bob Cox
    F-16's long run may finally be winding down By Bob Cox The end of the line for Lockheed Martin's F-16 production line in Fort Worth may finally be in sight. Nearly four decades after the fighter jet program was launched and 35 years after production began, Lockheed has a dwindling number of orders left to fill and a shrinking list of potential customers. Lockheed has just 62 unfilled orders for new F-16s. Those are all in some stage of production, and the last is expected to roll out of the Fort Worth factory by mid-2013. A total of 4,540...
  • This Week at War: The Jet That Ate the Pentagon

    05/27/2011 9:06:48 PM PDT · by sukhoi-30mki · 60 replies
    Foreign Policy ^ | MAY 27, 2011 | ROBERT HADDICK
    This Week at War: The Jet That Ate the Pentagon The F-35 is cutting into the Defense Department's most important priorities. BY ROBERT HADDICK | MAY 27, 2011 Policymakers get 11th-hour second thoughts on the Joint Strike Fighter The troubled and long-delayed F-35 Joint Strike Fighter program came under renewed scrutiny this week. The Air Force, Navy, Marine Corps, and many foreign partners plan to buy thousands of the fighter-attack jets over the next two decades to replace a variety of aging aircraft, but the development schedule of the stealthy fighter has slipped five years to 2018 and the projected...
  • Lockheed proposes $5bn Aegis ships sale to Saudi Arabia

    05/26/2011 5:46:32 AM PDT · by sukhoi-30mki · 10 replies
    Bloomberg ^ | 26 May 2011
    Lockheed proposes $5bn Aegis ships sale to Saudi Arabia By Bloomberg Thursday, 26 May 2011 1:08 PM Lockheed Martin Corp has proposed selling to Saudi Arabia eight Littoral Combat Ship hulls outfitted with its Aegis radar in a package that may be valued at $5bn, a company executive said. “What we are offering is the Aegis SPY 1F system on the Littoral Combat Ship,” Paul Lemmo, vice president of business development at Lockheed’s Mission Systems and Sensors unit, said in an interview today in Arlington, Virginia. The Aegis SPY-1F is a smaller, lighter version of the air and missile defense...
  • A heavy duty LCS for foreign navies. Maybe.

    05/24/2011 8:45:34 PM PDT · by sukhoi-30mki · 21 replies
    DOD Buzz ^ | May 24th, 2011 | Philip Ewing
    A heavy duty LCS for foreign navies. Maybe. Lockheed Martin says its second littoral combat ship, the USS Fort Worth, is 87 percent complete. It’ll start work on its third and fourth ships over the coming year. The U.S. Navy wants at least 55 LCSes. From the defense contractor’s standpoint, Lockheed’s return to shipbuilding looks like a success: It is moving toward steady production of a stable design and will likely be able to book many hundreds of millions of dollars over the life of the program. (Lockheed’s first LCS, the Freedom, didn’t go so smoothly, and it cost much,...
  • U.S. may scrap F-35, slated to be Israel's future fighter jet

    05/23/2011 9:10:04 PM PDT · by sukhoi-30mki · 34 replies
    Haaretz, Israel ^ | 24.05.11 | Anshel Pfeffer
    U.S. may scrap F-35, slated to be Israel's future fighter jet The F-35, with stealth capabilities, is slated to replace an entire generation of jet fighters in the U.S. Air Force, Navy and Marine Corps; Pentagon looking into other alternatives due to massive cost overruns. By Anshel Pfeffer Senior members of the U.S. Senate Armed Services Committee last week instructed the Pentagon to come up with alternatives to the jet fighter of the future, the F-35, with the project facing massive cost overruns. The plane has been selected as the future of the Israel Air Force, and for now there...
  • F-35B Might Be Turning Itself Around

    05/17/2011 10:22:47 PM PDT · by sukhoi-30mki · 14 replies
    Defense Tech ^ | May 17th, 2011
    F-35B Might Be Turning Itself Around The long beleagured F-35B shot take-off and vertical landing version of the Joint Strike Fighter is accelerating through its flight tests far quicker than anyone would have predicted a year, heck, even a few months ago. Since January the jet has performed seven times the number of vertical landings that it did in all of last year, according to Defense News. This is seriously impressive considering that troubles with the plane’s lift fan doors and structural weaknesses were hurting the plane’s test performance so much that Defense Secretary Robert Gates put the B-model JSF...
  • Lockheed hopes to finalize F-16 sales to Iraq, Oman

    05/16/2011 8:24:10 PM PDT · by sukhoi-30mki · 5 replies
    Reuters ^ | Mon May 16, 2011 | Andrea Shalal-Esa
    Lockheed hopes to finalize F-16 sales to Iraq, Oman 7:50pm EDT By Andrea Shalal-Esa WASHINGTON (Reuters) - Lockheed Martin Corp (LMT.N: Quote, Profile, Research, Stock Buzz) says it hopes to sign sales contracts for up to 18 F-16 fighter jets to both Iraq and Oman by early 2012, and expects to book a total of about 100 additional orders by the end of the decade. Lockheed is gradually winding down production of the popular multi-role fighter, which is in use by 25 countries worldwide, and was once produced at a rate of one a day, as it ramps up production...
  • Impacts of the Indian Fighter Competition

    05/15/2011 11:34:19 PM PDT · by sukhoi-30mki · 8 replies
    Second Line of Defense ^ | 05/16/2011 | Robbin Laird
    Impacts of the Indian Fighter Competition by Robbin Laird 05/16/2011 India is clearly a key player in shaping the future of Chinese power, globally and in the Pacific. At the same time, the significant 2nd and 3rd world fighter market will be dominated by exports from China, Russia, India or Brazil. Neither the U.S. nor Europe is planning a lower cost export fighter. Indian leadership when they saw the Chinese role out of the J-20 understood its impact on global markets. This is an advanced aircraft, which will have implications for upgrades for customers of Chinese fighter aircraft. The Bush...
  • Comment: India's MMRCA shortlist backs substance over style

    05/10/2011 10:05:11 AM PDT · by sukhoi-30mki · 2 replies
    Comment: India's MMRCA shortlist backs substance over style When it comes to news value, India's $10 billion medium multi-role combat aircraft (MMRCA) contest never seems to disappoint. In keeping with this trend, the confirmation of its shortlist for the 126-aircraft deal, which emerged not from its defence ministry but via local bloggers and the defeated bidders themselves, delivered the expected level of drama. US companies Boeing and Lockheed Martin grabbed most of the local headlines at February's Aero India show near Bengaluru by flying a Who's Who-quality list of Indian celebrities, including a Bollywood actor, industrialist Ratan Tata (pictured below)...