The Austal-built littoral combat ships USS Independence, left, and USS Coronado are underway in the Pacific Ocean in this April 23, 2014, photo. ) The Pentagon blocked the publication of damaging information regarding extensive cost overruns of two Littoral Combat Ships, according to a newly released government report.
Category: Lockheed Martin
AIRSHOW-Foreign jet makers need their govt’s nod to make in India – minister
Feb 14 Foreign aircraft manufacturers offering to make combat jets in India will have to win approval from their governments, Indian Defence Minister Manohar Parrikar said, in a measure aimed at ensuring projects are not affected due to policy flip-flops. These comments come at a time when U.S. firm Lockheed Martin has said the new administration under President Donald Trump may want to take a “fresh look” at its proposal to move production of its F-16 combat jets to India.
Trump tweets rattle markets, Mideast, nukes
President-elect Donald Trump long ago earned a reputation for being unpredictable in his statements, but he outdid himself on Thursday. In the span of just a few hours, Trump shook international relations by undercutting the Obama administration over a UN resolution on Israeli settlements, indicated he would ramp up nuclear competition with Russia and then jolted a major defense contractor — and its shareholders — by suggesting he would ask Boeing to replace a fighter jet being made by Lockheed Martin.
Donald Trump holds court with Boeing, Lockheed CEOs weeks after public spat
U.S. President-elect Donald Trump met on Wednesday with the chief executives of two major defense companies he has singled out for criticism over project costs, part of his push to save taxpayer money on high-profile contracts. Co and Marillyn Hewson from Lockheed Martin Corp at Trump’s Mar-a-Lago resort, where he is spending Christmas.
Donald Trump holds court with Boeing, Lockheed CEOs weeks after public spat
U.S. President-elect Donald Trump met on Wednesday with the chief executives of two major defense companies he has singled out for criticism over project costs, part of his push to save taxpayer money on high-profile contracts. Co and Marillyn Hewson from Lockheed Martin Corp at Trump’s Mar-a-Lago resort, where he is spending Christmas.