The Defense Department’s lead acquisition official believes the agency could increase the Lockheed Martin F-35 aircraft production rates starting in fiscal year 2015, Flightglobal reported Friday. Dave Majumdar writes such a plan
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The Defense Department estimates the cost of purchasing 2,457 F-35 aircraft through 2032 will reach $327 billion and the engines will cost $64 billion total, the Lexington Institute reported Friday. Loren Thompson
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The U.S. Defense Department is allocating significant investments for cybersecurity as one of its primary concerns despite across-the-board budget cuts in government, according to a Reuters article. John O’Callaghan writes the agency puts emphasis
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The Defense Department awarded 200 total contracts during the month of April, valued at more than $19 billion total, according to a Military.com analysis. DoD Buzz reports the month’s largest award went
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The White House has released its budget proposal for fiscal 2014 which includes $13 billion of a total $3.8 trillion in spending for cybersecurity programs, according to a Bloomberg article. US Chief Information Officer
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Lockheed Martin Corp.‘s fighter jets and General Dynamics‘ Virginia-class submarine have secured $8.4 billion and $5.4 billion, respectively, in President Barack Obama’s 2014 budget plan, the Washington Business Journal reports. The U.S. President
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The Defense Department awarded $39.4 billion in contracts during March, a sharp increase over the $23.1 billion in awards from February and $12.1 billion from January. Despite sequestration, the Pentagon plans to award up to $300 billion
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The Defense Department plans to ask Congress for $9.16 billion to fund missile defense programs for fiscal year 2014 as part of a $526.6 billion defense budget request scheduled for release Wednesday.
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The U.S. has deployed Lockheed Martin-built F-22 fighter jets to South Korea for a joint military exercise with that country as North Korea continues to make threats, Reuters reports. Paul Eckert writes
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Japan’s military top brass remain committed to purchasing Lockheed Martin’s F-35 fighter jets, the country’s top uniformed military officer has told Reuters. Shigeru Iwasaki, chief of the Japanese Self-Defence Forces’ Joint Staff,
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