Deep-pocketed U.S allies are emerging as the saviors of Lockheed Martins most costly military plane, the F35 fighter aircraft, which has struggled to make sales on the home ground
Israel Aerospace Industries (IAI) signed a contract with Lockheed Martin to produce wings for the F-35 fighter, with potential sales reaching $2.5 billion
Gripen manufacturer SAAB as suffered a setback this week after the Swiss National Councils Committee on Security Policy decided on April 9 to suspend discussions on the funds for the purchase of 22 Gripen combat aircraft, its president Chantal Galladé (PS/ZH) said. The issue will be debated anew in late August
The U.S has offered Korea 60 F-35 Joint Strike Fighter Conventional Take Off and Landing (CTOL) aircraft at a subsidized cost of $10
Turkey eyes replacing F-16s with locally produced fighter jets by 2023, Turkeys defense undersecretary said yesterday. “Were working on the conceptual design of a new fighter jet that will replace our F-16 fighters,” Defense Industry Undersecretary Murad Bayar said
Lockheed Martin Corporation announced that its board of directors has approved the appointment of Orlando Carvalho, 54, to executive vice president of the Aeronautics business area, and Lorraine Martin, 50, as vice president and general manager of the F-35 Lightning II program. The board also elected Martin a corporate officer
The U.S Department of Defense has grounded all flight operations of the Lockheed Martin F-35 Lightning II fighter planes after an engine problem discovered on one of the aircraft
Russian aircraft manufacturer IRKUT has made a case for the Yak-130 advanced combat trainer to be a part of the Indian Air Force (IAF) fleet. The aircraft which has been inducted into the Russian Air Force to offer both basic and advanced jet training for fourth and fifth generation fighter aircraft is considered a good fit for the MiG-29, SU-30 MKI, the Rafale MMRCA and the potential acquisition of the PAK-FA fifth generation fighter
Turkey has decided to defer an order to procure its first two F-35 fighter jets citing technical problems and rising costs, but added that it still plans to buy over a 100 in the future.“Due to the current state of the JSF (Joint Strike Fighter)
Lockheed Martin’s F-35 fighter aircraft is an under-performing plane, according to Winslow Wheeler, Director of the Straus Military Reform Project of the Center for Defense Information, a part of the Project on Government Oversight. According to Wheeler, the F-35 is a mediocre aircraft because its “varied requirements force it to make compromises” and says that the aircraft should be boxed