Business Insider25d
The US F-35 stealth fighter fleet has a readiness problem that 6 years and over $12 billion haven't fixed, watchdog finds
The US military's F-35 stealth fighters have failed to meet readiness goals for six years straight, despite the over $12 billion spent on operations and maintenance, according to a government ...
Investopedia25d
Lockheed Martin Stock Sinks as F-35 Sales Decline Weighs on Revenue
Nicolas Economou / NurPhoto via Getty Images Lockheed Martin missed revenue estimates as aerospace sales tumbled because of contractual and funding issues for its F-35 fighter jet. Still ...
Reuters25d
Lockheed Martin shares slide 5% on F-35 headwinds despite lifting profit and sales forecast
Oct 22 (Reuters) - Defense contractor Lockheed Martin (LMT.N), opens new tab lifted its annual profit and sales forecasts on Tuesday, but shares slid 5% because the company's F-35 fighter jet ...
Breaking Defense25d
Prolonged F-35 negotiations take a bite out of Lockheed Martin’s third quarter results
WASHINGTON — Protracted contract negotiations between Lockheed Martin and the Pentagon on the next two lots of the F-35 have begun to eat away at the company’s bottom line, with Lockheed ...
Defense News25d
Lockheed feels financial pinch from F-35 upgrade, contract delays
Contract delays and software problems with the F-35 are costing Lockheed Martin hundreds of millions of dollars, and the company is trying to get the program back on track and start recouping its ...
Flightglobal25d
F-35 deliveries ramp up but full combat certification remains elusive
Military airframer Lockheed Martin is ramping up deliveries of the F-35 Lightning II stealth fighter after a year-long hiatus, and while the newest jets are approved for flight training it will be ...
Cyclingnews.com25d
'Project 35' – Astana Qazaqstan show inside look into Mark Cavendish's record-breaking Tour de France stage win
Astana Qazaqstan have released a detailed behind-the-scenes video looking inside 'Project 35' and their pursuit of a record-breaking Tour de France stage win with Mark Cavendish. In the video ...
Bloomberg L.P.26d
World’s Costliest Weapons Program Failed to Hit Readiness Marks for Six Years, GAO Says
All versions of the F-35, the world’s costliest weapons program, have failed to meet minimum combat readiness rates for six straight years, according to the watchdog agency for Congress. That ...
Business Insider26d
A US F-35 stealth fighter just landed on a destroyer Japan turned into an aircraft carrier for the first time off the California coast
A US F-35 stealth fighter jet landed aboard Japan's new destroyer-turned-aircraft carrier for the first time off the coast of California, the US military said, sharing photos of the event.
Newsweek26d
Ukraine Drones Strike Russian Airfield Hosting Su-35 Combat Jets
Ukraine struck the "the infrastructure of the Lipetsk-2 military airport," which is home to Russian Su-34, Su-35 and MiG-31 jets, Kyiv's General Staff said in a statement on Sunday. Its forces had ...
SlashGear27d
Where Is The F-35 Lightning II Built And Who Makes Them?
Since it was launched in 2006, the F-35 has made a name for itself as playing a key role in global deterrence. Designed for use by the United States and its various allies in NATO, the F-35 is a ...