Daily Management Review

Lockheed Martin Secures ‘$1.38 Billion’ Pentagon Deal


04/29/2017


The aircraft of “F-35 Lightning II” will now be made at Lockheed Martin.



According to Pentagon’s report, the Lockheed Martin Corp. has secured the defence contract of “$1.38 billion” for building hundred thirty “F-35 Lightning II aircraft”.
 
The said contract is an “advance acquisition” covering “long-lead time materials, parts, components and work” towards creating a low rate “initial production of the fighter jets” that will be used in the “Air Force, Navy, Marine Corps, non-U.S. Department of Defense participants and foreign military sales customers” confirmed a statement of Pentagone.
 
 
 
References:
http://www.reuters.com







Science & Technology

China is developing technology to capture greenhouse gases

IEA: The growth of renewable energy is slowing

Google introduces new smartphone and beta Android Q

SpaceX’s Dragon Crew Capsule Test Met With Anomaly

New Security Study Finds Millions Use 123456 As Password For Email Accounts

The Devastating Panama Disease Could Spell Extinction For Bananas

Walmart to hire 4 thousand robot cleaners

Samsung Galaxy Fold: Expensive but fragile

USA and South Korea launch the first commercial 5G networks

Deliveries of AR/VR devices to grow by 54% in 2019

World Politics

World & Politics

The Earth Is ‘Not On Track’ To Tackle Global Warming: The U.N. Secretary General

Is Finland’s aging population turning the country into Japan?

The United States will impose new duties on Chinese goods on Friday

Jyrki Katainen: EU is not a milk cow

Oil lobby and the planet's future

Trump files a lawsuit against Deutsche Bank and Capital One

Trump Urged Abe To Influence Japanese Auto Firm To Produce More Vehicles In The U.S.

IEA: Iraq will enter the top three oil leaders