Navy: Delivery of Lockheed Martin’s F-35 by 2015 is critical, or risk fighter jet shortfall

October 14th, 2009 Lockheed Martin gets $6.8M Navy dealWASHINGTON — Lockheed Martin Corp. received a $6.8 million contract boost from the Navy to buy parts for two P-3C Orion, a maritime patrol, reconnaissance aircraft, the Pentagon said late Wednesday.

October 8th, 2009 ISTANBUL - Turkey may purchase 120 new-generation fighter jets against the previously decided 100 such fighters at a total cost of $13 billion, a media report said Thursday. "We may buy 120 JSF aircraft, instead of 100," Murad Bayar, head of the Undersecretariat for Defence Industries, was quoted by Daily News newspaper as saying.

October 7th, 2009 Hinchey: Cost of new presidential copter to tripleWASHINGTON — An internal Navy document shows new plans to replace the president's fleet of helicopters will cost taxpayers more and take years longer to deliver than a recently scrapped contract, a New York Democrat said Wednesday. Rep. Maurice Hinchey said the Pentagon's plan to abandon aircraft built by Lockheed Martin Corp.

October 7th, 2009 Lawmaker: Cost of new presidential copter tripledWASHINGTON — An internal Navy document shows new plans to replace the president's fleet of helicopters will cost taxpayers more and take years longer to deliver than a recently scrapped contract, a New York Democrat said Wednesday. Rep. Maurice Hinchey said the Pentagon's plan to abandon aircraft built by Lockheed Martin Corp.

September 16th, 2009 Navy revises Littoral Combat Ship buying planWASHINGTON — The Navy said Wednesday it will select either Lockheed Martin Corp. or General Dynamics Corp., but not both, to build a fleet of small, speedy Littoral Combat Ships.

September 4th, 2009 Lockheed Martin gets $13.5M Navy dealWASHINGTON — A division of Lockheed Martin Corp. received a $13.5 million contract boost from the Navy for management and engineering services for the DDG-51 destroyer, the Pentagon said late Friday.

August 25th, 2009 Lockheed Martins starts missile defense unitHUNTSVILLE, Ala. — Lockheed Martin Space Systems Co., a division of defense contractor Lockheed Martin Corp., said Tuesday that it has established a new missile defense systems operating unit based in Huntsville, Ala.

August 19th, 2009 Lockheed Martin gets $25.1M defense pactWASHINGTON — Lockheed Martin Corp., the nation's largest defense contractor, received a $25.1 million contract boost from the Navy for hardware to upgrade the Virginia Class attack submarine, the Pentagon said late Wednesday. The hardware will be used for a sonar system upgrade, which has already been integrated into the first 10 ships of the class as part of the modernization program.

July 11th, 2009 Lockheed gets $262M Air Force ContractWASHINGTON — The Air Force said Friday that it has awarded a $262 million satellite contract to a division of Lockheed Martin Corp. The contract is for long lead parts and material procurement for the Air Force's fourth Space Based Infrared Systems Geosynchronous Earth Orbit Satellite and a payload.

June 18th, 2009 PARIS - International participants in the Lockheed Martin F-35 Lightning II programme have begun purchasing aircraft and making long-range commitments to integrate the fighter into their fleets, a company executive said Wednesday at the Paris Air Show. Since the start of the year, we have seen the United Kingdom commit to the purchase of their first three operational test and evaluation (OT&E) aircraft, Italy approve in principle the establishment of an F-35 final assembly and checkout facility as well as the purchase of 131 F-35s, and the Netherlands approve funds for the first of two OT&E airplanes, said Tom Burbage, Lockheed Martin executive vice president and general manager of F-35 programme integration.

May 12th, 2009 Lockheed ramped up lobbying in 1QWASHINGTON — Lockheed Martin Corp. significantly increased the amount of money it spent lobbying Congress and the Pentagon during the first quarter as it fought to stave off proposed cuts to some of its major weapons programs.

April 21st, 2009 Lockheed CFO: Company accepts DOD decision on F-22WASHINGTON — A top executive at Lockheed Martin Corp. indicated Tuesday that it has accepted the Pentagon's proposal to cap production of the defense contractor's F-22 fighter jet, the latest sign the job-heavy program may not be revived.

March 26th, 2009 WASHINGTON - The pilot of a F-22A fighter jet was killed when the aircraft crashed in California while on a test flight, news reports said. The pilot, 49-year-old David Cooley, was with the air force for 21 years, before he jointed contractor Lockheed Martin, the Los Angeles Times reported.

February 11th, 2009 BANGALORE - The Indian Air Force (IAF) will restructure its inventory to ensure better maintenance and to achieve its sanctioned strength of 39.5 fighter squadrons by 2015, a top military commander said Thursday. 'We have a large inventory of platforms and maintaining (this) is a huge problem.

February 5th, 2009 BANGALORE - Ace Indian shooter and the country's first Olympics gold medallist Abhinav Bindra will fly aboard Lockheed Martin's fighter jet F-16IN at the Aero India international air show here Feb 12, it was announced Friday. With this, Bindra enters the exclusive club of personalities including Ratan Tata, who flew the F-16 in 2007, and former president A.P.J.