Multi-Year Procurement

Two maintainers, one in dark blue coveralls and one in a light jacket and dark blue trousers, reach up to the underside of a grey F-35A fighter numbered 5172 on a flight line, with a row of other F-35s and uniformed airmen behind them.

The Pentagon and Lockheed Are Discussing a Decade of F-35s. The Hard Part Is the Spare Parts.

The Pentagon and Lockheed Martin are discussing a deal for the F-35 that could run for up to ten years and cover both building the jet and keeping it flying, Breaking Defense reports. Production would stay at about 156 a year. The prize, and the problem, is spare parts.

By Cory Chamberlain 3 hours ago

A grey Navy cruiser with hull number 70 at sea under a blue sky, a missile rising from its forward deck on a column of orange flame and billowing smoke.

Business

Raytheon Has a Contract Worth Up to $6.3 Billion for SM-3 Interceptors. The Pentagon Has Not Said How Many.

The Missile Defense Agency has awarded Raytheon a five-year contract for Standard Missile-3 Block IB interceptors with a base value of $4.4 billion, rising to $6.3 billion with two option years. It follows multi-year deals for the SM-6, the Tomahawk and AMRAAM.

By Cory Chamberlain 16 hours ago

Multi-Year Procurement

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The Pentagon and Lockheed Are Discussing a Decade of F-35s. The Hard Part Is the Spare Parts.

Raytheon Has a Contract Worth Up to $6.3 Billion for SM-3 Interceptors. The Pentagon Has Not Said How Many.