Lockheed Martin

May 11, 2010 - 12:07pm

A spokesman for AgustaWestland (AW) told AIN that the company is still in the hunt for the U.S. VXX Presidential helicopter replacement program, commonly known as Marine One. Pier Francesco Guarguaglini, the chairman and CEO of AW parent company Finmeccanica, suggested that AW could partner with Boeing and L-3 for the contract.

April 30, 2010 - 4:50am

Lockheed Martin is partnering with Sikorsky to promote the latter’s H-92 medium-lift helicopter for the new VXX presidential transport mission. Last year the Pentagon canceled the VH-71 presidential helicopter replacement program after spending $3.3 billion for the first nine AgustaWestland AW101s that were slated to be integrated and completed by Lockheed Martin.

April 20, 2010 - 12:31pm

Lockheed Martin announced yesterday that it is partnering with Sikorsky to promote the latter’s H-92 medium-lift helicopter for the new VXX presidential transport mission. This is the latest development in the tortured process to replace the fleet of aging Sikorsky VH-3Ds and VH-60Ns operated by the Marine Corps to transport the President and other government VIPs.

March 15, 2010 - 7:39am
...

The average unit production cost (APUC) for the F-35 is now predicted to be as high as $112 million in current dollars, according to a Pentagon review of the program conducted later last year, which led to a restructuring of the program. The APUC estimate does not amortize the cost of system design and development (SDD). That cost has now risen by $3.2 billion, to $53.2 billion.

February 3, 2010 - 2:09am

If Lockheed Martin is to be believed, there’s not much wrong with the F-35 program. In a briefing here yesterday, vice president F-35 business development Steve O’Bryan stuck doggedly to the company mantra that development is moving right along, with plenty of accomplishments despite the slow pace of flight testing.

February 2, 2010 - 2:33am

Confirmation of the serious problems in the F-35 Joint Strike Fighter development came yesterday when U.S. Secretary of Defense Robert Gates dramatically fired the Marine general running the program. Maj. Gen. David Heinz, the program executive officer, took the blame for the delays and cost increases that have mounted in recent months. Gates also withheld $614 million in performance fees from prime contractor Lockheed Martin.

February 2, 2010 - 2:31am

Singapore’s choice of an advanced jet training system is due next month and could be crucial to the future export prospects of Italy’s M-346 Master and Korea’s T-50 Golden Eagle. These dissimilar training jets have been bid here by rival prime contractors, ST Aero and Lockheed Martin, respectively.

January 27, 2010 - 10:43am

When Korea Aerospace Industries (KAI) developed the T-50 Golden Eagle in partnership with Lockheed Martin in 2001 hopes were high in South Korea that the only supersonic trainer jet would become a hit around the world. Nine years later, industry opinion remains divided as to whether this potential will be fulfilled and what has actually been achieved to this end since KAI entered a joint marketing effort with Lockheed Martin in 2006.

 
X