By Andrea Shalal WASHINGTON (Reuters) – Pratt & Whitney, a unit of United Technologies Corp, said its contracts with the Pentagon for the next two batches of engines for the Lockheed Martin Corp F-35 fighter jet will result in combined cost savings of 7 percent to 8 percent. Bennett Croswell, president of Pratt’s military engines […]
By Andrea Shalal WASHINGTON (Reuters) – Lockheed Martin Corp on Monday said it has delivered the next version of the computer-based logistics system used to support the F-35 fighter jet to the U.S. military for flight testing. That paves the way for the systems deployment in the first quarter of 2015 to nine military bases […]
By Andrea Shalal LITTLETON, Colorado (Reuters) – Lockheed Martin Corp, the Pentagon’s biggest supplier, is ramping up its use of 3D printing and virtual reality simulators to drive down the huge costs of producing national security satellites and safeguard profits in the face of reductions in U.S. defense spending. The company expects to finalize a […]
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