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Lockheed F-35 Fighter

The hefty price tag of the F-22 Raptor Fighter

FBN’s Rich Edson on the cost of the F-22 Fighter program.

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  1. Lockheed earnings, sales lower-than-expected on special charges

    Top U.S. weapons maker Lockheed Martin Corp reported lower-than-expected earnings on Thursday after charges linked to U.S. defense budget cuts and workforce reductio...

  2. Exclusive: South Korea nearing decision to buy F -35 fighters

    South Korea is nearing a decision to buy some Lockheed Martin Corp F-35 fighter jets, but will likely keep its options open for a limited purchase of Boeing Co's F-1...

  3. BAE says no plans to challenge decision on F -35 helmet

    Britain's BAE Systems Plc said on Friday it had no plans to challenge a decision by the Pentagon to halt work on an alternate pilot helmet the company was developing...

  4. Affordability is R&D focus for arms industry: executives

    NATIONAL HARBOR, Maryland (Reuters) - The single biggest driver for research and development in the U.S. arms industry is not a hot area like unmanned weapons, cyber...

  5. Pratt sees 2.5 percent or more cost cut on next F -35 engines

    NATIONAL HARBOR, Maryland (Reuters) - Pratt & Whitney, a unit of United Technologies Corp , on Monday said it expects to drive down the cost of the F135 engines it b...

  6. Report: United Tech, U.S. Deal for F -35 Engines

    Pratt & Whitney, a unit of United Technologies Corp, has reached an agreement in principle with the Pentagon on a contract to build 39 engines for a sixth batch of F...

  7. Arms makers boost profits despite Pentagon budget headwinds

    U.S. arms makers reported higher quarterly earnings on Wednesday despite Pentagon budget cuts, with many raising their full-year forecasts, but the companies' order ...

  8. Lockheed Martin Unveils 2Q Beat, Ups FY View

    Lockheed Martin Co Chief Executive Marillyn Hewson said the company is making "good progress" in negotiations with the Pentagon about the next two batches of F-35 fi...

  9. Lockheed Looking to Conquer Global Markets

    Lockheed Martin Corp , already the biggest U.S. weapons maker and largest provider of IT services to the U.S. government, wants to become a powerhouse in foreign mar...

  10. U.S. Air Force says Boeing tanker on track for July review

    A Boeing program for a aerial tanker that will refuel other warplanes mid-flight is nearly ready for a major design review likely to occur in July, a U.S. Air Force ...

  11. Report: U.S. Weapons Systems Designs Hacked

    In a blow to the U.S. defense industry, Chinese hackers have reportedly stolen confidential details on highly-sensitive advanced weapons systems, including missile d...

  12. Factbox: What does Lockheed's F-35 fighter jet really cost?

    Lockheed Martin Corp is developing and building the F-35 Joint Strike Fighter, the Pentagon's most expensive weapons program, for three U.S. military branches and ei...

  1. Cost-Cutting, Buybacks Boost Defense Profits

    The biggest U.S. weapons makers posted higher profits this week and raised their forecasts for 2014 earnings, sending shares higher despite cuts in military spending...

  2. Lockheed CFO sees Pentagon sales down 6 percent in 2014

    Lockheed Martin Corp , the Pentagon's biggest supplier, expects to feel the continued effect of U.S. budget cuts in 2014, with domestic military sales likely to drop...

  3. Lockheed Boosts 1Q Profit 23%, Lifts '14 Outlook

    Lockheed Martin Corp , the Pentagon's largest supplier, on Tuesday reported a 23 percent jump in operating profit and earnings per share in the first quarter, and ra...

  4. Stossel 03/06/2014: Hey, Big Spender

    With new budget being released, Stossel breaks down how government plans to spend more of your money

  5. Plan to Ax A-10 Warthog Gets Pushback

    A proposal from the Department of Defense to ax the Air Force's entire fleet of A-10 Thunderbolts is receiving criticism from multiple fronts with questions over how...

  6. Budget Cuts to Shrink Army to Pre-WWII Levels

    The Pentagon said on Monday it would shrink the U.S. Army to pre-World War Two levels, eliminate the popular A-10 aircraft and reduce military benefits in order to m...

  7. Lockheed Profits Drop 14%

    Lockheed Martin (NYSE:LMT) disclosed a 14% drop in fourth-quarter profits on Thursday as the defense contractor was hit by a number of one-time charges and shrinking...

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