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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Lockheed Martin

Lockheed Martin stories: 13 news summaries

Gates' Pentagon Budget Overhaul Hits Heavy Resistance

Congressmen fly to defend pet weapons

Apr 7, 09 12:28 PM CDT
(Newser) - Defense Secretary Robert Gates talked tough yesterday in proposing to cut six major weapons systems from the Pentagon budget, and members of Congress wasted no time in talking tough right back, suggesting that the battle to refocus spending could meet major resistance. “This budget represents an opportunity, one of... More »

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Robert Gates • Lockheed Martin • military spending • new weapons systems • Saxby Chambliss

Obama Faces Costly Choice on $11B Marine One Fleet

Project for more secure fleet has already doubled in cost

Feb 16, 09 5:02 AM CST
(Newser) - President Obama has to decide whether to continue a Pentagon contract that pits wartime security against his principles of government accountability and frugality, the New York Times reports. The 2003 project to replace the decades-old Marine One fleet has nearly doubled in price to $11 billion, pushing the cost of... More »

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Pentagon • helicopter • Lockheed Martin • George W. Bush • President Obama • Marine One

 Pentagon Aims for 
 Target-Seeking Bullet 

'Can't miss' sniper round being developed 

Nov 27, 08 11:52 AM CST
(Newser) - The Pentagon wants to develop a bullet that can change course in midflight to seek its target, Wired reports. The Defense Advanced Research Project Agency yesterday committed $22 million to producing the superbullet—"an actively controlled .50 caliber projectile that uses information for real time directional flight control"—... More »

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Pentagon • Lockheed Martin • Army snipers • DARPA • ammunition • guided bullet • Teledyne Scientific & Imaging • advanced technology • secret weapon • ordnance

Pentagon Seeks $15.2B Fighter Sale to Israel

US maker Lockheed Martin still developing next-generation jet

Sep 30, 08 6:15 PM CDT
(AP) - The Defense Department said today it wants to sell up to 75 fighter jets to Israel in a $15.2 billion deal for the aircraft expected to be the mainstay of air power in the US and several other nations for decades. The Defense Security Cooperation Agency said it notified... More »

MORE ABOUT:
Israel • Pentagon • fighter jet • Lockheed Martin • F-35 • arms sales • F-16 • Defense Security Cooperation Agency

 US Arms Sales Skyrocket 

Some fear sparking 'arms race'

Sep 14, 08 8:26 AM CDT
(Newser) - Seeking to arm allies and contain countries like Iran and North Korea, the Bush Administration has significantly stepped up international weapons sales, the New York Times reports. The Defense Department will sell or transfer $32 billion in arms this year, particularly in the Middle East, compared to $12 billion two... More »

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Pentagon • US military • Department of Defense • arms race • Lockheed Martin • weapons • arms exports

 Iraq Looks to Buy 
 F-16s  From US 

Advanced weaponry could speed American pullout

Sep 5, 08 8:36 AM CDT
(Newser) - Iraq’s military wants to buy 36 F-16 fighter planes from the US in an effort to cut its dependence on American air power, the Wall Street Journal reports. The multi-billion-dollar purchase could speed the withdrawal of US troops from Iraq, but neighboring nations may worry about the presence of... More »

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Iraq • Iraq pullout • fighter jet • US military • Lockheed Martin

 Pentagon Big Guns Late,
 Way Over Budget 

Overruns hit $295B, says GAO report

Apr 1, 08 12:46 PM CDT
(Newser) - Some 95 of the Pentagon's biggest weapons systems are a total of $295 billion over budget and arrive an average of 2 years late, according to the Government Accountability Office. But GAO auditors say the Pentagon is getting sloppier, not better, reports the Washington Post. "It's taking longer and... More »

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Pentagon • Lockheed Martin • Government Accountability Office • Future Combat Systems • Pentagon waste • new weapons systems • Littoral Combat Ship • Joint Strike Fighter

McCain Sucked
Into Boeing Battle

Campaign boss lobbied against Boeing for European Airbus

Mar 12, 08 4:30 AM CDT
(Newser) - John McCain is being dragged into the feud between Boeing and the Air Force, reports AP. A firm headed by McCain's campaign finance chairman, Tom Loeffler, was paid $220,000 to lobby on behalf of the Airbus, the successful European rival to Boeing's 767 fuel tanker. McCain had helped block... More »

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John McCain • Pentagon • Boeing • contracts • Airbus • European Aeronautic Defence and Space Company • Northrop Grumman • GAO • Lockheed Martin • EADS • US Air Force • 767 Tanker • Teal Group • Jim McNerney • Tom Loeffler • Loeffler Group • Air Force Secretary • Michael Wynne

NASA Sees Minivan for Moon

The shuttle's replacement, due in 2015, will be a utilitarian craft

Dec 9, 07 11:30 AM CST
(Newser) - Engineers are busy at work building America's next spacecraft, the long overdue replacement of the 33-year-old shuttle, and NASA has this advice for those who can't wait to see the finished product: Think minivan, not Ferrari. Fast Company explores the work at Lockheed and finds the Orion to be utilitarian... More »

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NASA • space shuttle • Apollo • Lockheed Martin • moon colonization • Orion

WWII Plane Found Under Beach

65 years after crash, plane uncovered on Welsh coast

Nov 15, 07 8:05 AM CST
(Newser) - Sixty-five years after its crash landing, a World War II fighter plane has emerged from under the sand on the Welsh coast. The American P-38 "Lightning" fighter, which made an emergency "belly landing" in shallow water after it ran out of fuel, was buried in the sand, with... More »

MORE ABOUT:
history • World War II • Lockheed Martin • P 38 • Fred Elliott • discovery

F-15 Fleet Grounded After Crash

Officials worry structural defect may have triggered accident

Nov 6, 07 4:00 AM CST
(Newser) - The US Air Force has grounded all 676 F-15 fighter jets after a plane flown by a member of the Missouri Air National Guard crashed last week during a training exercise. Investigators believe the crash may have been caused by a structural defect.  A pilot whose name was not... More »

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Boeing • Air Force • accident • Lockheed Martin • F 16 • Air National Guard • F-15 fighter jet

Embattled Blackwater Maneuvering to Expand Role

Seeks new contracts despite massacre

Oct 15, 07 3:05 AM CDT
(Newser) - Blackwater, the private security firm under fire for controversial shootings in Iraq, is preparing expansion plans to develop a bigger role as an arm of the US military. Company founder Erik Prince wants to make Blackwater a one-stop shop for all kinds of operations to which Washington won't commit US... More »

MORE ABOUT:
Iraq • Robert Gates • Raytheon • Blackwater • drug trafficking • Lockheed Martin • Erik Prince • Northrop Grumman Corp • David Price

FAA Chief Bails for Lobby Group

Latest official to leave administration joins powerful DC organization

Aug 23, 07 8:20 AM CDT
(Newser) - The top official of the Federal Aviation Administration is quitting to lead one of  Washington's most powerful lobbying organizations. Marion C. Blakey will head the Aerospace Industries Association, whose members include Boeing, General Dynamics, Lockheed Martin and most of the rest of the heavy hitters in civil and military aviation,... More »

MORE ABOUT:
FAA • Boeing • Aerospace Industries Association • General Dynamics • Lockheed Martin • Textron • United Technologies • Marion C. Blakey

13 Stories


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