Tagged: F-35

Trump Tells Twitter He Wants A Super Hornet With F-35 Capabilities

WASHINGTON — President-elect Donald Trump may have had his meetings with the Lockheed Martin chief executive officer, but he’s not ready to play nice, tweeting on Thursday evening that he could look to Boeing’s Super Hornet as an alternative to the F-35. Lockheed Martin stock, which had closed at $252.80 a share, tumbled down to…

Trump calls on Boeing to offer quote for F-35 rival

WASHINGTON: U.S. President-elect Donald Trump heaped pressure on Lockheed Martin Corp on Thursday, saying he viewed costs for the aerospace company's F-35 fighter as too high and had asked Boeing Co to offer a price for an older aircraft that lacks the same stealth capabilities. Trump posted his Twitter message a day after the president-elect met with…

Netanyahu says Israel ‘mightier’ as first F-35 fighter jets arrive

Netanyahu says Israel ‘mightier’ as first F-35 fighter jets arrive

Israel on Monday became the first country after the United States to receive the U.S.-built F-35 stealth jet which will increase its ability to attack distant targets, including Iran. The much-hyped arrival of the first two fighter jets was overshadowed by U.S. President-elect Donald Trump's tweet that Lockheed Martin's (LMT.N) whole F-35 project was too…

Trump calls F-35 fighter jet costs ‘out of control’

Trump tweeted Monday morning that "the F-35 program and cost is out of control. Billions of dollars can and will be saved on military (and other) purchases after January 20th." Shares of Lockheed Martin (LMT), which makes the F-35 fighting jets, plunged 4% following Trump's tweet. According to the fiscal 2017 Department of Defense budget…

Pentagon to offer F-35 to India in upcoming tech transfer talks

Accompanied by a high-level official delegation and representatives of several US defence companies, under secretary of defence for acquisition, technology and logistics Frank Kendall will arrive here next week. Topping his agenda would be the review of existing transfers and identifying new high-end technologies to strengthen New Delhi’s military capabilities. Kendall, a top Pentagon official,…

It’s Russia’s turn to learn that stealth warplanes are hard to do

After confronting serious technical and economic difficulties, Russia has dramatically cut back its air force program to field its first radar-evading “stealth” fighter jet. By delaying large-scale acquisition of the Sukhoi T-50 fighter, the Kremlin is tacitly acknowledging a truth that the U.S. military learned decades ago — and that China might also learn in…

F-35 Work for Israeli Firms Reaches $770M

  TEL AVIV, Israel — Israeli firms have received 3 billion shekels ($770 million) worth of work from Lockheed Martin Corp. as part of an industrial cooperation package associated with Israel's purchase of F-35I stealth fighters, the Israeli Defense Ministry announced Sunday. "The amount of offsets from the producer of the stealth fighter to the…