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,
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 ...
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 ...
Responsible Statecraft on MSN8d
F-35 crashes same day Lockheed CEO touts its success
Taiclet’s boasts to investors about the program were quickly tempered by real world events the same day when video circulated ...
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, ...
Jane's Information Group2d
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 ...
Flightglobal2d
Restored ‘Franken-bird’ F-35 returns to flight
After more than a year of work, engineers and maintenance experts from the US Air Force and Lockheed Martin successfully flew ...
Lockheed Martin cautions on 2025 profit view, hindered by F-35 tech upgrade
Lockheed Martin forecast 2025 profit that missed Wall Street expectations on Tuesday, as the defense giant grapples with ...
Defense One10d
Full F-35 upgrade package might not happen this year, Lockheed says
The Pentagon’s fleet of F-35 fighter jets may not receive the full, combat-ready version of the TR-3 upgrade this year, ...
Flightglobal10d
Pentagon reduces withholding on F-35 payments, citing Lockheed’s progress on TR-3 development
Although the much-delayed Technical Refresh 3 update to the F-35 stealth fighter remains a work in progress, manufacturer ...
The National Interest3d
Lockheed Martin’s F-35 Program Finally Catches a Break
The Pentagon has reduced a financial penalty against Lockheed Martin over the F-35 Lightning II stealth fighter jet. Lockheed Martin, the manufacturer of the cutting-edge aircraft, has been falling ...