F-35 performance-based logistics deal slips to 2024: Lockheed CFO
Lockheed CEO Jim Taiclet also said that TR-3 upgrade delays for the Joint Strike Fighter stemmed from late hardware, compressing the schedule for software testing.
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Lockheed CEO Jim Taiclet also said that TR-3 upgrade delays for the Joint Strike Fighter stemmed from late hardware, compressing the schedule for software testing.
“I really see this as a fantastic opportunity to really rejuvenate [Aerojet] and nurture it to become the company we are confident it will become,” Ross Niebergall, the newly installed head of Aerojet, told Breaking Defense.
Aerojet will now become a fourth business unit within L3Harris in a deal previously estimated at $4.7 billion.
“We were advised today that the FTC will not block our acquisition of Aerojet Rocketdyne; therefore, we are
moving forward to close the transaction on or about July 28,” wrote L3Harris CEO Chris Kubasik in a note to investors.
The Federal Trade Commission formally made a second request for information last month as it evaluates antitrust concerns associated with L3Harris acquiring one of only two major suppliers of solid rocket motors for the Pentagon.
U.S. Air Force’s next electronic warfare aircraft, the EC-37B Compass Call, prepares for its first flight. According to a press release from L3Harris, the specialized EC-37B aircraft, a special-mission Gulfstream G550, is preparing for delivery, includ…
Air Force’s Stand-in Attack Weapon (SiAW) program has funded prototyping work with three short-term contracts first issued last year to Lockheed Martin, L3Harris and Northrop Grumman.