Contracts with suppliers would have to be modified with untold cost consequences, if automatic U.S. government budget reductions through sequestration become a reality in January, according to Lockheed Martin chairman and CEO Bob Stevens. That could affect anywhere up to 40,000 suppliers in the case of Lockheed Martin, a $46 billion civil, government and defense contractor.
A Gulfstream Aerospace spokesman categorically denied a report published by British tabloid Daily Mail saying that the company, along with NASA, Boeing and Lockheed Martin, would “sketch out” details of a supersonic business jet at the Farnborough Airshow, which starts July 9. Further, Lockheed Martin does not have any civil aircraft announcements planned at the UK airshow.
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.
In a preliminary NTSB report on the June 3 Lockheed P2V Neptune tanker accident 20 miles north of Modena, Utah, the board said, “While conducting its second retardant drop of the day, Tanker 11 followed behind the lead airplane into the drop zone.
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.
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.
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.
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.
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.
Aerospace companies, airlines and communications providers have aligned to pursue the FAA’s Data Communications Integrated Services (DCIS) contract, the second major step in the Next Generation Air Transportation System (NextGen) modernization effort. The contenders expect a contract award in June for the 17-year, multibillion-dollar program.