Lockheed Martin has been awarded $137 million contract to cut the costs of the F-35 Joint Strike Fighter, the Department of Defense said in a press release.
"Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $137,834,819… [contract] to provide additional funding for affordability-based cost reduction initiatives in support of low-rate initial production Lot 9 F-35 Lightening II Joint Strike Fighter," the release said Friday.
Work is expected to be completed in December 2020.
The new contract modification combines work on F-35 purchases for the US Air Force, Marine Corps and Navy, the Defense Department noted.
The Pentagon has presented the F-35 as the most advanced multirole fighter in its arsenal, but the most expensive piece of military equipment ever made has been plagued by delays, ever-increasing costs, as well as maintenance and reliability issues.
The US Navy's F-35B fighter jet tested its gun pod for the first time earlier this week with doubts over the accuracy of fire owing to a software issue. The gun pod can fire 55 rounds per second and has capacity to carry 220 rounds of 25 mm firepower
US Air Force has ended a restriction that prohibited pilots of a variant of the F-35 fighter jet from weighing less than 136 pounds. The restrictions were imposed after testing showed lightweight could injure pilots or even can be fatal while ejecting from the aircraft
The US Air Force has grounded 55 F-35 Joint Strike Fighter jets at Arizona airbase for the second time after pilots again observed oxygen deprivation during flight tests. Pilots at the Luke Air Force base in the US state of Arizona noticed that they were becoming deprived of oxygen during flight tests, experiencing what the branch described as "physiological incidents while flying", according to a new report from Defense One Saturday
Japan's Mitsubishi Heavy Industries has unveiled its first assembled F-35A stealth fighter Monday at its factory in Toyoyama, Aichi Prefecture. Lockheed Martin is the main manufacturer of the fighter jet
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