Israel to buy 25 more F-35 stealth jets with $3-billion purchase
In a $3-billion deal, Israel is set to purchase its third squadron of F-35 stealth fighters. The 25 additional aircraft, produced by Lockheed Martin, will bring the Israel air force’s F-35 fleet up to 75. The jets will be financed through a U.S. defence aid package, the Ministry of Defence confirmed on Sunday.
World
Jul 2, 2023
NASA announces Jeff Bezos’ Blue Origin to build 2nd moon lander
NASA Administrator Bill Nelson announced Friday that Jeff Bezos’ space company Blue Origin has won a coveted contract to build a spacecraft that will shuttle astronauts to the moon. Blue Origin plans to build its 52-foot tall Blue Moon lander in partnership with Lockheed Martin, Boeing, spacecraft software firm Draper and robotics firm Astrobotic.
May 19, 2023
Canada invests $19B for 88 F-35 fighter jets, procures Australian F-18s to supplement existing fleet
Defence Minister Anita Anand announced on Monday that Canada will be investing $19 billion for 88 “state-of-the-art” F-35 fighter jets from Lockheed Martin with Pratt and Whitney to replace its aging CF-18 aircraft. Anand says the F-35 is the “most advanced on the market” and will use Canadian parts in its production. The first four...
Canada
Jan 9, 2023
Ottawa says final talks underway with Lockheed Martin to procure F-35 fighter jets
Public Services and Procurement Minister Filomena Tassi on Monday outlined the process that has taken place in the procurement of new F-35 fighter jets, saying final talks were now underway with Lockheed Martin. She did stress, however, a final contract was not in place and there was still work to do before a contract would...
Mar 28, 2022
A 79 year old retired social worker was given a conditional discharge after being convicted of refusing to fill out the 2011 long form census.
Wed, Jan 22: Janet Churnin described it as a fair judgement after being convicted of violating the statistics act. She refused to fill out the census because as a pacifist she objected that Statistics Canada uses software developed by US arms maker Lockheed Martin. She’ll only have to do community service and says she has...
Jan 22, 2014
Lockheed signs $8.5 billion F-35 order with U.S. Department of Defence
Lockheed Martin signed a $8.5 billion deal with the U.S. Department of Defence for 90 F-35 jets Friday. It’s the lowest price to date for the Pentagon’s most expensive program. Bobbi Rebell reports.
World
Feb 3, 2017
Contract to replace Canada’s fighter jet fleet could bring big benefits to Maritimes
Two companies are in the running provide Canada with its next fleet of fighter jets, replacing the aging CF-18s. The federal government has not confirmed Boeing isn’t one of them, leaving American-based Lockheed Martin and Swedish-based Saab in contention. It’s a $19-billion contract that could bring big benefits to the Maritimes. Callum Smith reports.
Canada
Dec 2, 2021
Pentagon stops accepting F-35 jets from Lockheed over repair cost dispute
The U.S. Department of Defense has stopped accepting most deliveries of F-35 jets from Lockheed Martin Corp because of a dispute over who will cover costs for fixing a production error found last year on more than 200 of the stealthy jets, three people familiar with the matter said.
World
Apr 12, 2018
Trump says they’re looking to cut costs after meetings with Boeing, Lockheed CEOs
U.S. President-elect Donald Trump says he had productive meetings with Boeing, Lockheed CEOs and that they’re looking to cut down on costs.
Politics
Dec 21, 2016
Trump praises Lockheed Martin for slashing $600M from troubled F-35 jet costs
President Trump praised Lockheed Martin on Monday for slashing the costs of the troubled U.S. F-35 jet program, saying his threats to negotiate with Boeing has saved taxpayers $600-million.
Politics
Jan 30, 2017
Ottawa awards long-awaited $60B warship design contract to Lockheed Martin
Fri, Feb 8: The Royal Canadian Navy’s 15 new warships will be built at the Irving Shipyard in Halifax.
Global News at 6 Halifax
Feb 8, 2019
Saudi arms deal may create few new U.S. jobs
An internal document seen by Reuters from Lockheed Martin forecasts fewer than 1,000 positions would be created by the defense contractor, if the $110 billion Saudi arms deal moves ahead.
World
Oct 30, 2018
Lockheed Martin gets first bid to design Canada’s warships
Ottawa has announced a major step forward in the years-long new navy warship project. As Abigail Bimman reports, the $60 billion plan is still years away from producing ships in the water.
Global National
Oct 19, 2018