Lockheed Martin

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Pentagon Seeks $15.2B Fighter Sale to Israel

US maker Lockheed Martin still developing next-generation jet

(Newser) - 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...

US Arms Sales Skyrocket
 US Arms Sales Skyrocket 
Sep 14, 2008 8:26 AM CDT

US Arms Sales Skyrocket

Some fear sparking 'arms race'

(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...

Iraq Looks to Buy F-16s From US

Advanced weaponry could speed American pullout

(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...

Pentagon Big Guns Late, Way Over Budget

Overruns hit $295B, says GAO report

(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...

McCain Sucked Into Boeing Battle
McCain Sucked
Into Boeing Battle
Mar 12, 2008 4:30 AM CDT

McCain Sucked Into Boeing Battle

Campaign boss lobbied against Boeing for European Airbus

(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...

NASA Sees Minivan for Moon
NASA Sees Minivan for Moon
Dec 9, 2007 11:30 AM CST

NASA Sees Minivan for Moon

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

(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...

WWII Plane Found Under Beach
WWII Plane Found Under Beach
Nov 15, 2007 8:05 AM CST

WWII Plane Found Under Beach

65 years after crash, plane uncovered on Welsh coast

(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...

F-15 Fleet Grounded After Crash
F-15 Fleet Grounded After Crash
Nov 6, 2007 4:00 AM CST

F-15 Fleet Grounded After Crash

Officials worry structural defect may have triggered accident

(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...

Embattled Blackwater Maneuvering to Expand Role

Seeks new contracts despite massacre

(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...

FAA Chief Bails for Lobby Group
FAA Chief Bails for Lobby Group
Aug 23, 2007 8:20 AM CDT

FAA Chief Bails for Lobby Group

Latest official to leave administration joins powerful DC organization

(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,...

Stories 21 - 30 | << Prev