Lockheed Martin

June 22, 2012 - 4:09pm

Lockheed Martin CEO-in-waiting Christopher Kubasik says the company is committed to righting ongoing problems with the F-35 Joint Strike Fighter, which has doubled in unit cost and slipped in schedule by six years until full-rate production, now slated for 2019. Meanwhile, the Government Accountability Office (GAO) said the government is responsible for $672 million of the $1 billion-plus cost overrun from the program’s first four low-rate initial production (LRIP) contracts.

June 13, 2012 - 11:37am
Lockheed Super Constellation

Fans of Lockheed Martin have a chance to win a ride on an historic Lockheed C-121C Super Constellation at the upcoming Farnborough International Airshow (July 9 to 15). Five lucky winners will have a seat on the airplane, when it makes a celebratory flight from the UK’s Farnborough Airport on the morning of July 10.

June 8, 2012 - 3:05pm
Lockheed Strike

A machinists strike at the Lockheed Martin Aeronautics plant in Fort Worth, Texas, which manufactures the F-16 and the F-35 Joint Strike Fighter, has stretched into a seventh week, with no sign of an end. Demonstrations were also reported at the Naval Air Station in Patuxent River, Md., where union members are also employed, and at Lockheed Martin’s corporate headquarters in Bethesda, Md.

April 27, 2012 - 1:20pm
Korean F-16

BAE Systems is competing against Lockheed Martin to be the prime contractor for Korea’s forthcoming upgrade of some 130 F-16s. Attention has focused largely on the competition between Northrop Grumman and Raytheon to supply the AESA radar. But the Korean request for proposals also invited non-OEMs to bid as system integrator. Taiwan and the U.S. are also planning a similar upgrade to some 140 and 300 aircraft, respectively. Other F-16 operators may follow, making this a multibillion-dollar market.

April 25, 2012 - 2:48pm

Lockheed Martin announced Amy Gowder has been named vice president and general manager of its Kelly Aviation Center in San Antonio. Lockheed Martin’s only engine shop, Kelly Aviation Center is a joint venture between Lockheed Martin and Rolls-Royce. Gowder will be responsible for leading military and commercial engine maintenance, repair and overhaul services and new engine production assembly and test operations. Gowder joined the company in 2005 and most recently served as director of affordability for Lockheed Martin Aeronautics in Fort Worth, Texas.

April 13, 2012 - 2:30pm
C-130XJ

Lockheed Martin has provided more details on the lower-cost C-130XJ that it revealed earlier this year, along with the proposed SC-130J Sea Herc for maritime missions. The company has delivered 252 of the 320 C-130Js on order by 15 countries, and is reducing the production rate to 30 per year from last year’s peak of 36.

February 15, 2012 - 10:30pm
Lower-Cost “C130JX”

Lockheed Martin is offering to reduce the price of the C-130J Hercules by stripping out some of the more expensive systems. The U.S.-built airlifter is facing new competition later this decade, when Embraer’s yet-to-fly KC-390 becomes available.

February 13, 2012 - 11:45am

India’s big-ticket military acquisitions are expected to aggressively push schedules for the transfer of production to the country’s ambitious aerospace and defense industry. But the technology that India expects to be transferred through co-development work generated by offset agreements is raising concerns among vendors about possible violations of intellectual property rights (IPR).

February 10, 2012 - 12:10am
Vigilance pod

Lockheed Martin and Northrop Grumman have teamed to offer a pod-mounted radar surveillance system that can easily be fitted to transport aircraft or medium-sized helicopters. The Vigilance system is being marketed as a viable alternative to expensive, role-dedicated airborne platforms. It also offers maritime and overland reconnaissance options, thanks to the versatility of modern AESA radar technology.

January 6, 2012 - 9:50am
F-35

The Lockheed Martin F-35 Joint Strike Fighter program faces fresh challenges as the new year begins. First, a long-awaited “should cost” review from the U.S. Defense Acquisition Board might clarify whether Lockheed Martin’s continued optimism on the average procurement unit costs (APUC) is justified. In addition, big cuts to the U.S. defense budget seem unlikely to spare the F-35, which is the Pentagon’s highest profile acquisition, and might undermine the basis for the APUC calculations.

 
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