Alcoa wins $1bn contract for Lockheed's F-35 fighter jetsAlcoa Inc said it had got a contract to supply titanium to Lockheed Martin Corp's F-35 Lightning II aircraft. The contract has an estimated value of about $1.1 billion, the company said on Wednesday. Alcoa said More… |
No near-term F-35 sales in Gulf region, says USThe US expects no near-term sales in the Gulf region for the F-35 warplane, saying current fourth-generation military aircraft with new upgrades are capable of handling the threats the region faces, the Pentagon said on Sunday. &q More… |
US grounds entire F-35 fleet pending engine inspectionsThe US military said it had grounded the entire fleet of 97 Lockheed Martin Corp F-35 fighter jets until completion of additional inspections of the warplane's single engine built by Pratt & Whitney, a unit of United Technologies Corp. More… |
Turkey to buy two F-35s in 2012Turkey, which said in February it intended to buy 100 of Lockheed Martin's F-35 fighter jets, will buy only two this year, and will decide each following year how many planes it will order, Defence Minister Ismet Yilmaz told Reuters. The P More… |
F-35 fighter delayed, costs riseThe cost of developing the F-35 Joint Strike Fighter rose 4.3 percent to $395.7 billion last year and the plane will not reach full-rate production until 2019, the Pentagon said. The new schedule is two years later than planned. Pe More… |
US suspends F-35 tests after device failureThe US Defense Department has suspended fleetwide ground and flight test operations of Lockheed Martin Corp's F-35 Joint Strike Fighter aircraft, its costliest arms purchase. The department acted after the failure on Tuesday of one aircraf More… |
US pitches unique F-35 fighter jet to IsraelThe US has offered to add Israeli systems and munitions to a new US-built fighter jet and deliver it to Israel by 2015, provided a deal is sealed in coming months. Lockheed Martin Corp, maker of the radar-evading F-35 Joint Strike Fighter, More… |