No more 'must-wins': Defense firms growing warier of fixed-price deals
Multiple defense firms are slamming fixed-price contracts as bad deals, and warning they might walk away from such competitions.
Source: yahoo.com
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Upgraded F-35 deliveries slipping to fall 2024, Lockheed says
If the F-35 upgrades known as Technology Refresh 3 aren't ready for deliveries to resume in the third quarter, Lockheed said it may slow down production.
Source: marinecorpstimes.com
Lockheed Martin (LMT) Q4 2023 Earnings Call Transcript
LMT earnings call for the period ending December 31, 2023.
Source: fool.com
Wanna Buy an F-35 Stealth Fighter? You Might Need to Get in Line
As many as 120 F-35s could be "undelivered" in 2024 as a result of delays with the stealth fighter's Technology Refresh 3 (TR-3) upgrade, according to Lockheed Martin Chief Financial Officer Jay Malave, who broke the news in an earnings call with investors.
Source: nationalinterest.org
Upgraded F-35 deliveries slipping to fall 2024, Lockheed says
If the F-35 upgrades known as Technology Refresh 3 aren't ready for deliveries to resume in the third quarter, Lockheed said it may slow down production.
Source: yahoo.com