U.S. Department of Defense

Huey AH-1G

Lawmakers Want to Stop Sole-Source Lockheed Martin Contract

The U.S. Air Force wants to replace its aging UH-1N helicopters on a sole-source contract with the Sikorsky division of Lockheed Martin Corp. (NYSE: LMT). Congress told the Air Force ...
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Oshkosh JLTV 2015

Humvee Replacement Faces 6-Month Delay

U.S. defense department officials are saying that the Joint Light Tactical Vehicle (JLTV) program to replace the venerable Humvee is expected to be six months late. That means that the ...
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KC-46A F/A-18

GAO Calls Boeing KC-46A Tanker Schedule ‘Challenging’

Winning the U.S. Air Force contract for a new aerial refueling tanker was hard, but meeting the program's requirements may be even harder for Boeing Co. (NYSE: BA). The good ...
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MQ-9 Reaper drone

Why the World’s Most Expensive Drone Costs $19 Million

The U.S. Army plans to add 29 MQ-9 Reaper drones to its arsenal in the current fiscal year at a cost of about $11.26 million per unit. They will join ...
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P-8 Poseidon

Boeing Gets OK to Sell 9 Spy Planes to Britain

The defense and space division of Boeing Co. (NYSE: BA) cleared a U.S. Department of Defense hurdle on Thursday when Pentagon brass approved the sale of nine of Boeing's P-8A ...
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M-346 Jet Trainer

Air Force Pushes Bid Deadline for Training Jet to December

The U.S. Air Force on Monday announced that its planned request for bids to build the service's new training jet, called the T-X for now, will be delayed by three ...
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The Pentagon

Air Force to Retire Warthogs Beginning in 2018

The U.S. Air Force has had a difficult time deciding what to do with its A-10 close-air support (CAS) attack plane. The Warthog, as the aircraft is known, was developed ...
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The Pentagon

Does the Pentagon Really Need a New Rare Earths Source?

Stop me if you've heard this story before. China controls virtually 100% of the world's supply of rare earth minerals and the United States needs to do something to redress the ...
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Boeing KC-46A refuel

Boeing Names New Defense Chief, Drops Bomber Challenge

When the Government Accountability Office (GAO) last week rejected the appeal from Boeing Co. (NYSE: BA) and Lockheed Martin Corp. (NYSE: LMT) related to the awarding of an $80 billion ...
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M-346 Jet Trainer

Raytheon to Join Bidding for Air Force Training Jet Contract

Ever since General Dynamics Corp. (NYSE: GD) decided last March to drop its partnership with Italy's Alenia Aermacchi to bid on the U.S. Air Force's T-X training jet, the Italian ...
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T-50A LMT 2-16

Lockheed Changes Course on New Air Force Training Jet

For the past several months, Lockheed Martin Corp. (NYSE: LMT) and its partner, Korean Aerospace Inc. (KAI), have been considering a clean-sheet design for a new U.S. Air Force training ...
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Boeing KC-46A refuel

New Boeing Tanker Makes First Refueling Flight

On Sunday, Boeing Co. (NYSE: BA) successfully transferred 1,600 pounds of fuel from its new KC-46A tanker to an F-16 fighter jet during a flight over eastern Washington state. This ...
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C-130J

Lockheed Martin Awarded $1 Billion for C-130J Airlifters

On Thursday morning, Lockheed Martin Corp. (NYSE: LMT) announced that it has been awarded a second multiyear contract to deliver 78 C-130J Super Hercules airlifters to various branches of the ...
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F-35B

Defense Contractor Winners as Federal 2016 Budget Clears Congress

Both houses of Congress agreed early Friday on a $1.15 trillion federal budget for 2016. The budget bill now goes to President Obama, who is expected to sign it. The ...
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The Pentagon

Pentagon Dismisses Lockheed Protest Over Tactical Vehicle Program

In late August, the U.S. Army awarded a $6.7 billion firm, fixed-price production contract to Oshkosh Corp. (NYSE: OSK) to build approximately 17,000 Joint Light Tactical Vehicles (JLTVs) to replace ...
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