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Price for F-35 drops to lowest level yet with $11.5B contract

Price for F-35 drops to lowest level yet with $11.5B contract

Business
Sept. 28 (UPI) -- With an $ 11.5 billion agreement for the next round of F-35 Lightning II Joint Strike Fighter production, Lockheed Martin says the cost for all three variants of the aircraft have reached their lowest levels in the history of the program. The Department of Defense and Lockheed Martin on Friday announced the contract for Low-Rate Initial Production Lot 11, which covers a total of 141 of the aircraft -- 91 for the U.S. military, 28 for F-35 international partners and 22 for foreign military sales customers -- with deliveries expected to start next year. The individual costs for the three U.S. military variants -- $ 89.2 million per F-35A for the Air Force, $ 115.5 million per F-35B for the Marine Corps and $ 107.7 million per F-35C for the Navy -- have declined by 5.4 perc...
L-3 receives contract for Bradley, MLRS transmissions

L-3 receives contract for Bradley, MLRS transmissions

Business
Sept. 25 (UPI) -- L-3 Communications has received a $ 43 million contract for transmissions for the Bradley Fighting Vehicle and Multiple Launch Rocket Systems. The contract provides for 184 Hydro Mechanically Propelled Transmissions for both the Bradley and MLRS, as well as associated parts, the Department of Defense said Monday in announcing the award. Work will be performed in Muskegon, Mich., with an estimated completion date of May 2020. Army fiscal 2017 and 2018 procurement funds in the amount of $ 43 million were obligated at the time of award. The M2 Bradley is the primary tracked armored infantry fighting vehicle of the U.S. Army and has been produced in many variants such as the M3 Cavalry Fighting Vehicle. Standard models have a crew of three plus up to six fully equipped troo...
L-3 Communications receives contract for towed sonar arrays

L-3 Communications receives contract for towed sonar arrays

Business
Sept. 12 (UPI) -- L-3 Technologies Ocean Systems Division has received a $ 49.4 million contract to provide support, testing and repair services for the TB-23 towed array systems. L-3 will salvage, repair and refurbish TB-23/BQ Towed Array Systems, and provide services including engineering and technician operations, depot level support and upgrades. Work on the contract, announced Tuesday by the Department of Defense, will be performed in Sylmar, Calif., and is expected to be completed by December 2021. Navy fiscal 2018 other procurement funding in the amount of $ 4.1 million will be obligated at time of award. The thin-line TB-23 is routinely deployed by submarine-based anti-submarine warfare operations. Active sonar works by using sound waves for underwater object detection and mapping...
Air Force awards contract to M1 for T-38 maintenance

Air Force awards contract to M1 for T-38 maintenance

Business
Aug. 30 (UPI) -- The U.S. Air Force has awarded a $ 23.4 million contract modification to M1 Support Services for maintenance on T-38 training aircraft. M1 Support Services, out of Denton, Texas, will specifically conduct intermediate and organizational maintenance on aircraft for Air Combat Command, Air Force Materiel Command and Air Force Global Strike Command, the Department of Defense said in a release. It will conduct work at a number of Air Force bases, with a Sept. 30, 2019, target date for completion. The Defense Department is obligating $ 23.4 million in fiscal 2019 operations and maintenance funds at the time of the award. The Air Force is in the midst of replacing its T-38C trainers at undergraduate pilot training bases with Advanced Pilot Trainers, known as T-X aircraft, but t...
Raytheon, Lockheed receive contract for Javelin missile upgrades

Raytheon, Lockheed receive contract for Javelin missile upgrades

Business
Aug. 24 (UPI) -- Raytheon and Lockheed Martin's Javelin joint venture company has received a $ 14 million contract modification for Javelin Weapon System modernization. Work on the contract, announced Thursday by the Department of Defense, will be performed in Tucson, Ariz., with an estimated completion date of September 2020. Army fiscal 2017 and 2018 research, development, test and evaluation funds in the amount of $ 14.3 million were obligated at award. The FGM-148 Javelin is a man-portable anti-tank missile used by the U.S. and many allied countries. The missile has a "fire-and-forget" infrared guidance system that requires no course corrections from the operator after launch. The Javelin can target moving vehicles, fixed fortifications, troops in the open and low-flying helicopters. ...