Back to news

April 21, 2021 | International, Aerospace

Sustainment Becoming Most Profitable Part of F-35 for Lockheed Martin - Air Force Magazine

Lockheed Martin’s Chief Financial Officer said sustainment is soon to be the most profitable part of the F-35 program.

https://www.airforcemag.com/sustainment-becoming-most-profitable-part-of-f-35-for-lockheed-martin

On the same subject

  • The Finnish Navy’s Hamina-Class modernisation and Mid-Life Upgrade project reached final approval – Patria acted as the prime contractor

    December 13, 2023 | International, Aerospace

    The Finnish Navy’s Hamina-Class modernisation and Mid-Life Upgrade project reached final approval – Patria acted as the prime contractor

    The Finnish Defence Forces and Patria signed a contract for the modernization and mid-life upgrade of four vessels in 2018. 

  • Lockheed adds Dunford, former top US military officer, to board

    January 27, 2020 | International, Aerospace, Naval, Land, C4ISR, Security

    Lockheed adds Dunford, former top US military officer, to board

    By: Aaron Mehta WASHINGTON — Lockheed Martin has added Joe Dunford, the former chairman of the Joint Chiefs of Staff, to its board of directors, the company announced Friday. Dunford, the Marine general who retired out of service at the end of September 2019, will become the 12th member of Lockheed's board come Feb. 10 of this year. He will serve on the board's Classified Business and Security Committee as well as its Nominating and Corporate Governance Committee. "General Dunford's service to the nation at the highest levels of military leadership will bring valuable insight to our board," Marillyn Hewson, chairman, president and CEO of Lockheed Martin, said in a statement. "His experience in complex, global operations and risk management, including cybersecurity threats, is a tremendous asset and will enhance board oversight in key business areas." Lockheed Martin is the world's largest defense contractor, with $50.5 billion in defense revenue in fiscal 2018. The announcement may spur renewed calls by good government groups to close the so-called “revolving door” between the Pentagon and the defense industry, an issue that has taken on new life given the number of industry executives who have joined the defense department under President Donald Trump. That list is most prominently headlined by Secretary of Defense Mark Esper, a former Raytheon executive, and Pat Shanahan, a Boeing executive who was confirmed as deputy secretary of defense and then served six months as the acting secretary to start 2019 before departing the building. Sen. Elizabeth Warren, a top nominee for the Democratic nomination for president, has called for a ban on defense primes hiring senior Pentagon officials and officers for four years after they leave retire. https://www.defensenews.com/industry/2020/01/25/lockheed-adds-dunford-former-top-us-military-officer-to-board

  • Navy, AF Order Tactical Radios from L3Harris Technologies

    November 10, 2020 | International, Aerospace, Naval, C4ISR

    Navy, AF Order Tactical Radios from L3Harris Technologies

    Posted on November 9, 2020 by Seapower Staff ROCHESTER, N.Y. — The Naval Information Warfare Systems Command, supporting the U.S. Air Force, has awarded L3Harris Technologies an order for nearly 1,000 Falcon IV AN/PRC-163 two-channel handheld tactical radios that will provide Air Force personnel with Tactical Air Control Party (TACP) airmen with advanced communications capabilities, the company said in a Nov. 9 release. The order is part of a five-year Navy Portable Radio Program IDIQ contract received in 2017. The AN/PRC-163 is a multi-channel, software-defined radio that meets the Air Force's requirements for a small, multiband, multifunction and multi-mission tactical radio. The radio's enhanced interface is easy-to-use, and the flexible software-defined architecture enables users to quickly add new waveforms and capabilities such as Mesh ONE. The addition of mission modules allow tailored applications for specific missions such as ISR full-motion video. L3Harris' Falcon IV radios are integrated network systems that can simultaneously communicate over multiple channels and crossband between those channels. They are capable of satellite communications, VHF/UHF/L/S-band and multiple mobile ad-hoc networking waveforms including ANW2, WREN and U.S. Army tactical waveforms. Air Force TACPs can now access mission-critical information at a glance via interface with the Special Warfare Assault Kit, which enables blue force tracking and supports coordination of air-to-ground and ground-to-ground fires using multiple NSA type 1 waveforms. Situational awareness is advanced through the ISR mission module's full motion video capabilities. “L3Harris' AN/PRC-163 provides the TACP community with the most advanced, interoperable handheld radios for the Joint Terminal Attack Controller mission,” said Dana Mehnert, president, Communication Systems, L3Harris. “The radios deliver maximum flexibility in the joint domain and are a critical enabler of the future of the Advanced Battle Management System communications network. The AN/PRC-163 is being fielded by USSOCOM and the U.S. Army, which provides critical networking capability to the JADC2 architecture.” https://seapowermagazine.org/navy-af-order-tactical-radios-from-l3harris-technologies/

All news