Singapore air show soars despite supply chain challenges
On Tuesday, Singapore launched the largest air show in Asia, the first in six years not impacted by pandemic restrictions, as the worldwide aviation industry faces a complete recovery in…
Romania’s Strategic Defense Acquisition: The F-35 Deal
Romania, a European Union and NATO member, has announced plans to purchase 32 latest-generation F-35 fighter planes from U.S. manufacturer Lockheed Martin. The deal, which is estimated to be worth…
Lockheed posts better than expected Q3 revenue, helped by higher F-35 sales
Lockheed Martin reported higher-than-expected third-quarter revenue despite the problems with F-35 production. The company’s net earnings reached almost $1.7 billion in Q3 and more than $3.8 billion in 2022 so…
Lockheed, Pentagon claim they’re reining in F-35 sustainment costs
After years of criticism over sustainment costs of the F-35 fighter, Lockheed Martin and the Pentagon on Wednesday said they are seeing progress in driving down the bill, and they…
Swiss lawmakers obtain enough signatures to challenge F-35 acquisition
Swiss lawmakers opposing the acquisition of the Lockheed Martin F-35 Lightning II fighter for the country’s air force have collected enough signatures to trigger a nationwide referendum. On June 30,…
Combat rescue helicopter cuts trigger cost overrun, Air Force says
The U.S. Air Force is preparing a report to Congress detailing a major cost overrun that resulted from its decision to cut its HH-60W combat rescue helicopter procurement by 38…