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  

“No significant improvement” on the reliability of F-35s

Efforts to improve the reliability of Lockheed Martin Corp.’s F-35 are “stagnant,” undercut by problems such as aircraft sitting idle over the last year awaiting spare parts from the contractor, according to the Pentagon’s testing office. The availability of the fighter jet for missions when needed -- a key metric -- remains “around 50 percent, a … Continue reading “No significant improvement” on the reliability of F-35s