A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Lockheed Martin has been awarded a $1 billion contract modification to continue its support for the U.S. Navy’s Conventional Prompt Strike (CPS) hypersonic weapons program, the Department of Defense announced. …
Lockheed Martin Awarded $1 Billion U.S. Navy Contract for Hypersonic Missile Work Read More
In remarks earlier this week, Lockheed Martin CEO Jim Taiclet revealed plans to make the F-35 optionally piloted in a “relatively modest time frame.” In addition to autonomizing the fighter, …
Lockheed’s Pilot-Optional F-35 Pitch Signals Demand for Autonomous Fighters Read More
Following a record-breaking month of F-35 deliveries, Lockheed Martin is on track to reach the upper end of its annual delivery target of 170 to 190 aircraft. During a January …
Lockheed Martin On Pace For Record F-35 Deliveries In 2025 Read More
The Canadian government is re-evaluating its planned purchase of F-35A fighter jets due to the escalating trade tensions with the United States. Prime Minister Mark Carney has directed Defense Minister …
Canada’s F-35 Purchase Under Review Amid Trade War with U.S. Read More
The F-35 program, which faced significant challenges recently, is showing signs of recovery. After a period of delivery delays, including TR-3 software issues, which resulted in “training-only” jets and subsequent …
Lockheed Martin F-35 Gains Production Contract Momentum Read More
The U.S. Air Force recently awarded Lockheed Martin a sole-source $3.2 billion firm-fixed-price, undefinitized contract for procurement of AGM-158B Joint Air-to-Surface Standoff (JASSM) missiles and AGM-158C Long-Range Anti-Ship Missiles (LRASM). …
Lockheed Martin Awarded $3.2 Billion USAF Missile Contract Read More
During its earnings call for the fourth quarter of 2023, Lockheed Martin detailed its 2023 financial results and its plans for deliveries of its F-35 fighter aircraft in 2024. The …
Lockheed Martin Details 2024 F-35 Delivery Plans Read More
The effective use of the M142 High Mobility Artillery Rocket System (HIMARS) by Ukraine against invading Russian forces continues to generate interest – and budding orders – for Lockheed Martin. …
Add Lithuania to the List of Eager HIMARS Buyers Read More
Five companies have been awarded contracts for the USAF Next Generation Adaptive Propulsion (NGAP) program. This 10-year, near $5 billion effort seeks to develop a prototype engine for a next-generation …
Five Companies Selected for $975 Million USAF Next Generation Adaptive Propulsion Program Read More Canada has selected the F-35 to replace its fleet of aging CF-18 Hornet fighters. On March 28, Public Services and Procurement Canada announced the government was entering contract negotiations with …
Canada Selects F-35 to Replace CF-18 Fleet…Again Read More