The Joe Biden administration will seek $11 billion to buy 85 Lockheed Martin Corp. F-35 jets in the coming fiscal year, tracking a plan outlined last year by the Trump administration, according to a U.S. official. With a $715 billion budget request for fiscal year 2022, the Pentagon had considered increasing the quantity of next-generation … Read more
Lockheed Martin said Monday that it was withdrawing its maintenance teams for Iraq’s F-16 fighter jets for security reasons, as the Iraqi government struggles to end rocket attacks by militias suspected of being backed by Iran. The departure by the U.S. weapons manufacturer from Balad air base, 40 miles north of Baghdad, highlights the Iraqi … Read more
TOKYO: U.S. defence company Raytheon is lobbying Japanese lawmakers to replace Lockheed Martin Corp as the supplier of powerful radars as Tokyo reconsiders plans for two Aegis Ashore missile defence sites, three sources said. “It’s game on,” said one of the sources, who has direct knowledge of Raytheon’s lobbying campaign. Raytheon’s pitch includes a proposal … Read more