Add Yahoo as a preferred source to see more of our stories on Google. BENOIT DOPPAGNE/Belga/Sipa USA/Newscom As the U.S. grapples with ballooning federal budgets and increasingly necessary spending ...

While the F-35's per unit cost is similar to other modern fighters, its lifecycle expense is higher, although it offers ...

Lockheed Martin will build up to 296 F-35s as part of Lots 18 and 19, with first deliveries in 2026. Lockheed Martin and the F-35 Joint Program Office (JPO) announced they reached a final agreement ...

Lockheed Martin will spend $1 billion to stockpile spare parts for the F-35, making up for a shortfall that the company believes was caused by government underfunding, CEO Jim Taiclet said on a Jan.

Lockheed Martin is developing an upgrade to the company’s Sniper targeting pod that will allow greater co-ordination between fifth-generation combat aircraft and other battlefield assets. Known as ...

Valued at $250 million, the contract is expected to be completed by August 2027. Per the terms of the deal, Lockheed will produce the F-35 logistics information system, which includes the Autonomic ...

Despite the high cost per aircraft, US allies and partners continue to choose the F-35 Lightning II due to its unparalleled capabilities. The Pentagon and Lockheed Martin came to a final agreement ...

An F-35A Lightning II performs a restricted climb over March Air Reserve Base in California during takeoff for a practice demonstration, April 11, 2025. Houthi rebels in Yemen fired on a U.S. military ...

The $2.8B contract funds 141 F135 engines for U.S. services and allies, securing production, spares, and upgrades through February 2028. Pratt & Whitney has been awarded a major contract, valued at ...