F-35 fighter jet crashes on the same day its first combat mission was conducted; Trump believes F-35 is ‘invisible.’

An F-35 fighter jet crashed in South Carolina, the US Marine Corps said, in the first such incident to affect the most expensive defence programme in the world. ... The F-35 Lightning II is built by Lockheed-Martin. Reuters reported earlier on Friday that the Pentagon announced an $11.5bn contract for 141 planes, which “lowered the price for the most … Continue reading F-35 fighter jet crashes on the same day its first combat mission was conducted; Trump believes F-35 is ‘invisible.’

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Four RAF F-35 fighter jets land in UK

Four new RAF F-35 Lightning stealth fighter jets have landed in the UK. The jets, which cost £92m each, made the 3,000-mile journey across the Atlantic from a US Marine Corps base in South Carolina. The supersonic planes will be based at RAF Marham in Norfolk, where they are expected to be in operation by … Continue reading Four RAF F-35 fighter jets land in UK

Lockheed Martin invested over $1 billion in Israel between 2010 and 2017

American aerospace contractor and maker of the F-35 stealth fighter jet, Lockheed Martin, is opening a “one of a kind” science-focused preschool in Jerusalem, with plans to serve Israeli children as young as five, according to a press release from Jerusalem’s municipality. In May of this year, an Israeli military official openly bragged that “Israel was the first regime … Continue reading Lockheed Martin invested over $1 billion in Israel between 2010 and 2017

Lockheed expects profits to increase in 2018

Lockheed Martin Corp. expects profit to surge this year, even if sales don’t, as the company benefits from U.S. tax cuts and higher deliveries of its F-35 Lightning II fighter jet. Lockheed Sees 2018 Profit Gain on Tax Cut, F-35 Fighter Jet https://www.bloomberg.com/news/articles/2018-01-29/lockheed-forecasts-profit-surge-from-tax-cut-f-35-fighter-sales