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F-35, Lockheed Martin
Lockheed Martin spends $30 million to settle F-35 overcharge dispute
Lockheed Martin has agreed to pay nearly $30 million to settle allegations that it failed to disclose accurate pricing data on contracts for its F-35 fighter jet.
Lockheed Martin settles US allegations of defective pricing on F-35 contracts
U.S. defense contractor Lockheed Martin Corporation has agreed to pay $29.74 million to settle allegations of defective pricing on contracts for F-35 military aircraft, the U.S. Justice Department said on Thursday.
Lockheed Settles F-35 Whistleblower Pricing Suit For $29.7 Million
Lockheed Martin has agreed to pay $29.7 million to settle a lawsuit filed by a whistleblower over allegations of illegal pricing on F-35 production and sustainment contracts, the Justice Department says. The agreement closes an eight-year-old case brought by Patrick Girard, a former senior staff...
Lockheed Martin to pay Defense Department $40M in settlement over inflated pricing proposals
Lockheed Martin has agreed to pay approximately $40 million to the U.S. Department of Defense to settle allegations that it provided false information to secure larger contracts for its F-35 fighter jets,
Lockheed Martin Secures a Contract to Support Submarines
Lockheed Martin Corporation LMT recently clinched a contract involving submarines. The award has been offered by the Naval Sea Systems Command, Washington, D.C. Details of LMT's Deal Valued at $23.5 million,
1d
on MSN
Elon Musk Vs The F-35: Why He Wants The US To Drop The Legendary Jet
The F-35 Lightning II is a highly advanced fighter jet, but that didn't stop Elon Musk from critiquing it as one that would ...
10d
Lockheed Martin cautious on 2025 profit view, shares sink 8%
Lockheed Martin on Tuesday forecast it will make less profit than expected in 2025, as the top U.S. defense company grapples ...
10d
China's new stealth fighter spooks Wall Street about Lockheed Martin's F-35
Wall Street analysts worry that new Chinese stealth aircraft could persuade the US to buy fewer of Lockheed Martin's F-35 ...
4d
on MSN
F-35 Production Still Marred by Quality Woes, Pentagon Test Office Says
Lockheed Martin Corp. is still delivering F-35 fighter jet aircraft with quality defects after 13 years of production, ...
Hosted on MSN
1d
The Marine Corps Is Adjusting Its Future F-35 Lightning II Acquisition
The F-35 program has a big problem in not being mission-ready enough of the time, and the problem is getting worse with the F ...
Jane's Information Group
2d
F-35 suffers continued developmental and in-service reliability problems, says Pentagon test director
The Lockheed Martin F-35 continues to suffer from reliability issues both in service and in testing, the US Department of ...
National Interest on MSN
8d
The Pentagon Has Reduced Withheld F-35 Payments to Lockheed Martin
Despite the announcements, Lockheed Martin shares fell on Tuesday and were down on Wednesday. The United States Department of ...
Flightglobal
4d
Poland begins transition to F-35 with start of flight training at US base
After accepting its first two stealth fighters from Lockheed Martin in December, Poland has begun training its initial cohort ...
10d
on MSN
Pentagon frees more F-35 payments to Lockheed Martin on upgrades citing progress
The Pentagon is reducing the funds withheld from Lockheed Martin Corp. for F-35s jets by $1.2 million a plane as the ...
Carro e Motos on MSN
12h
F-35 Lightning II: supersonic fighter that inherits the legacy of the P-38 and revolutionizes military aviation
The F-35 Lightning II is one of the most advanced supersonic fighters of today, used by the U.S. Air Force and military ...
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