WASHINGTON — Sen. John McCain on Tuesday blasted the Pentagon and Lockheed Martin for a seven-month delay in the F-35 program that will cost the Pentagon an additional $500 million.
WASHINGTON — Sen. Chris Murphy is at war with the Pentagon over what he says is the military’s failure to comply with “Buy American” laws that require the purchase of U.S. made goods – with certain exceptions.
WASHINGTON – Lockheed Martin said on Tuesday that it has received a final regulatory approval from China, allowing it to close on its $9 billion acquisition of Sikorsky Aircraft from United Technologies. Lockheed Martin said it anticipated closing on Friday.
WASHINGTON – While the Justice Department has given Lockheed Martin’s proposal to purchase Sikorsky Aircraft the thumbs up, the Pentagon on Wednesday frowned on the deal, saying it would lead to too much consolidation in the defense industry.